Why start a business in Germany?

From small companies to large conglomerates, Germany has thousands of companies. Germany is undoubtedly a place for anyone considering expanding their business internationally. It is not only a beautiful country full of culture and friendly people, but also a place of opportunity for those willing to seize it.

Here's a list of benefits you might miss if you don't set up in Germany right now:

Starting a company in Germany is relatively easy, even if you are a foreigner. There are many ways to set up a company in Germany, but the easiest way for many foreign entrepreneurs is Gesellschaft mitbeschränkterHaftung (GmbH), or a better understanding of those who do not speak German as a limited liability company.

German tax

Germany's tax system is very friendly to companies or individuals. The tax system is important because it determines how much profit a company can achieve. The main issues in German taxation are municipal trade tax and value added tax, as well as employee income tax, solidarity surcharge and church tax. If your company is new, you need to pay corporate tax. The municipal trade tax is a tax levied on business profits by the German authorities and is different from one community to another. The rate usually does not exceed 18%.

Friendly German law

Regarding the establishment of a company in Germany, whether you are a German or a foreigner, the law is indifferent. In addition, there are no restrictions on repatriation of profits, which is very suitable for ambitious foreign entrepreneurs with little capital. Law is very important for a person, even for an entrepreneur. Without good law, not only a person's life may be in danger, but he or she is risking intellectual property and the risk of copyright theft and stability. Economy and dynamic economy Germany's strong spending power and innovative atmosphere. Not surprisingly, the country is in the center of Europe. This is important because many companies currently operating in different countries are facing the problem of survival in a country where the economy is unstable and cannot generate any profit. Not only that, but you find that finding highly skilled workers will be easy, and many will provide their services at the right price.

Opportunity

As a dynamic economic powerhouse, Germany offers huge business opportunities for people willing to work for it. No matter which industry you want to participate in, you will have the opportunity to wait for you. Agricultural industry, logistics and distribution services, manufacturing and light industry, seafood and aquaculture, IT and BPO, financial services, healthcare, medical travel, real estate development, hotels, renewable energy and the environment.

Foreign investors interested in opening a business in Germany can get in touch with our team of local consultants, who can successfully assist them with the Germany company formation process.