According to the latest monthly report from the Bundesbank, there have been significant developments in the German residential property market in 2022. 🏘️ Price Development of Residential Properties: After a prolonged period of increase, prices for residential properties in Germany experienced a decline for the first time in the second half of 2022. This is
Germany – Avoiding obstacles for inbound UK investors and businesses As one of the strongest economies in the world, situated in a unique location in the heart of Europe, Germany is a great place to do business. A highly skilled available workforce, a political stable environment along with the availability of both, large multinational corporations
Risk of a permanent establishment in Germany. Germany as the motor of the European economy has been an attractive market for foreign investors and global enterprises. More and more inbound business activities are generated in recent years. With the erosion of physical borders, business activities can be easily enacted without any significant presence. However, with
The draft coalition agreement of the new German government coalition also provides for different tax measures on its 178 pages. We have summarized the key proposed measures hereafter for you. The main tax changes are: In 2022 and 2023, deduct a proportion of the acquisition and production costs of the fixed assets purchased or manufactured
Germany is the largest economy in Europe and one of the most important markets in the world. The interest for foreign companies who want to sell products or provide services in the German market is steadily growing in recent years. In addition, German business entities are regularly a target of foreign business investors. In any
01. Underestimating the German bureaucracy. Yes, it can be even worse than expected. The German system is very bureaucratic and there is no real viable way around it: Paper forms have to be filled out and it does take some time to finalize the official processes. But no need to worry. We are happy to
01. Underestimating the German bureaucracy Yes, it can be even worse than expected. The German system is very bureaucratic and there is no real viable way around it: Paper forms have to be filled out and it does take some time to finalize the official processes. But no need to worry. We are happy to
I. Background Anyone can establish a business in Germany – irrespective of nationality or place of residence. There is no specific investment legislation in Germany, nor is there a minimum percentage of German shareholdings (sponsorship) required for foreign entrepreneurs setting up a business. Foreign investors can choose between a variety of legal forms for conducting