Business in Germany
Europe is big. But Germany is at the center of Europe. Germany is the powerhouse of Europe. It has the most dynamic and diverse economy. Investing in Germany brings many advantages.
Germany is, and has long been, a pioneering country with great international influence and great economic power. The country has a large social market economy that is filled with a highly skilled labour force, a large capital stock and high levels of innovation. In addition, Germany is known to have very low levels of corruption ensuring citizens with high quality of life. As a global leader, Germany not only is the world’s third largest exporter of goods, but also has the largest national economy in Europe. Germany’s ever-growing power and growth in the economy has impressively resulted it to have the world’s fourth largest economy by nominal GDP.
ACE is the reason why you should invest in Germany
Germany’s government policy encourages a wide spread share of ownership with the general public ensuring involvement and sustainability. Because of this, citizens take great pride in their country as an international investment hub for the world. In addition, Germany retains the 12th spot in the Economist Intelligence Unit (EIU) latest ranking of the world’s most investor-friendly locations, beating both the UK and Japan. This is due to Germany’s preservation of having a relatively strong investment climate which reflects the high degree of political stability within the country as well as the openness of markets to world trade. As a result, setting up companies is made mush easier and more efficient. The Regional Sturcture (Bundeslandes) in germany also provides a competitive environment amongst each other and having a certain degree of autonomy in attracting investment.
Germany’s infrastructure is not only modern and innovative but also efficient and sustainable, making it one of the world’s top-ranked infrastructures. Its extensive infrastructure has been singled out for praise due to its capacity for extremely efficient transportation of goods and passengers. The country maintains high qualities in their roads and airports, the rail and port infrastructure as well as the country’s communications and energy infrastructure.
Besides from the registry court, every town or local authority must maintain a trading office. That said, each place of business must be registered with the local trading office and thus there is a degree of supervision over issues that concern factors such as access and safety. Moreover, Germany has extremely low levels of corruption making business in the country secure and stable.
Highly Skilled Labor Force
Known for their efficiency and organization, the labour force in Germany is well-trained and welleducated. This characteristic of the German labour force makes doing business in Germany extremely smooth and attracts many international businesses to invest. Labour relations, in general, can only be described as positive and favourable. Although German is the official language of business, English is also commonly used ensuring fluid communication for all. Germany is also home is several excellence universities and research institutions such as the Fraunhofer research institution, University of Mannheim, Technische Universität München etc. Germany is also one country of many that fosters and practices a dual education system that combines apprenticeships in companys and vocational education in a single course.
Strong International Relations
International relations Germany is a member of the EU (European Union) as well as the Organization of Economic Co-operation and Development and the North Atlantic Treaty Organization (NATO). The country maintains a network of 229 diplomatic missions overseas and has close relations with more than 190 countries. Germany, being one of the world’s leading industrialized countries, is labelled as a major power in both European and global affairs.
Economic Powerhouse in EU
Germany’s economy is extremely diverse and broad, it represents all forms of industry, these include industries involved with the forefront of technology, commercial and financial services etc. Traditionally, however, the German Economy is more orientated towards manufacturing. This extends to the service sector where companies develop and apply leading-edge technologies catered towards industrial use. For decades, Germany has, and continues to, remain a major exporting nation in order to maintain domestic employment. Its dynamic social market economy embraces the spirit of free enterprise and associates itself with highly motivated and highly trained and disciplined mind-sets. As a result, Germany’s economy remains unique and advanced.