Germany provides a dynamic investment environment to foreign enterprisers seeking new opportunities for development. All industries offer advanced technologies that can be employed by investors. The German workforce is also highly specialized which is why most foreign businessmen prefer to hire local personnel instead of hiring foreign employees. The Government also provides substantial incentives or subsidies in order to support and promote the development of most industries.
The Government offers numerous incentives to both local and foreign investors opening a business in Germany. The programs are usually grouped in packages focusing on:
Among these the most important are:
The incentives are granted in different manners depending on the industries they address. However, there are certain eligibility criteria the companies must meet before receiving any incentive or subsidy. Our specialists in company formation in Germany will offer you relevant information about all the available investment incentives available.
Foreign businessmen interested in starting a company in Germany must choose the appropriate type of structure and proceed with the company incorporation process. They must follow the regulations of the German Commercial Code when registering the company and obtain the necessary permits in order to start operating. One of the greatest advantages of opening a company is the variety of business structures available for incorporation in Germany. Foreign entrepreneurs also benefit from low setup and maintenance costs when investing in Germany. The taxation system is also very competitive when compared to other similar economies in Europe. The average tax burden on German companies usually ranges between 20%-30%.
For complete company formation services you can contact our agents in Germany. They will assist you along every phase of setting up a company in Germany.