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Business opportunities in Germany: Doing business in Germany

· Company Services,Trends,Company Formation

Germany is known for its large global brands such as Mercedes-Benz, Volkswagen, Bosch, BMW, Deutsche Bank, Adidas, Siemens and more. But there are also extremely efficient small and medium-sized enterprises - known as Mittelstand - that employ nearly 60% of the country's workforce and form the cornerstone of the economy. In addition, Germany has become one of the most profitable entrepreneurial centers in the world, and Berlin is its leader. There are many benefits for Germany Company Formation because the environment is good for growth. The largest German startups focus on software as a service (SaaS), followed by e-commerce and software development.

Ready to take off!

Germany attaches great importance to startups. The government has established bursaries such as EXIST to support universities and research institutions, and has launched private-public venture capital funds such as High-Tech Gründerfonds (HTGF). Founded in 2005, HTGF is a partner between the Federal Ministry of Economic Affairs and Energy (BMWi), the KfW Development Bank and private companies. With 560 million euros, HTGF is one of the largest and most active seed stage investors in technology companies. In addition, the German government is working hard to inspire business angels to invest and launch a pre-marketing online platform that connects startups with investors.

Germany: a good home for your ideas

Germany is a very attractive place to build new businesses. It provides a vibrant atmosphere for startups, small and medium-sized businesses (SMEs) and enthusiasts who are passionate about turning their ideas into reality. The founders of German startups are very optimistic: 50% want their business to grow, and 89% think the business environment is good or very good. The entrepreneurial environment in Germany is international and increasingly plays an important role in the job market. About 10% of founders and 22% of entrepreneurs come from abroad and value the good conditions in Germany. Berlin, Munich and Hamburg are particularly attractive to talented people. There are many shared spaces, networking events, seminars and government support to strengthen entrepreneurship, promote the founding process and find funding opportunities.

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