04.04.2020 Views

Germany Business opportunities

Germany’s business sector is well known for its engineering, technical and automotive industries and it has a stable economy and well-developed financial market. Germany is an attractive jurisdiction for investors looking to form a company in Europe. Avail more information by E-mail support@ondemandint.com or Call +91-9643460171

Germany’s business sector is well known for its engineering, technical and automotive industries and it has a stable economy and well-developed financial market. Germany is an attractive jurisdiction for investors looking to form a company in Europe. Avail more information by E-mail support@ondemandint.com or Call +91-9643460171

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Reasons To Do Business In

Germany


The Engine of Europe's Economy

With a gross domestic product of more than 4.029 trillion USD, Germany is a

global economic driving force. Germany’s economy is also expected to grow

by about 2% in the next two years, with future growth forecast between 0.7%

and 1.75% over the next 20 to 50 years. The consistently strong economic

performance offers substantial long-term growth potential for businesses from

countries such as the UK and the US.

Major Domestic Market

Germany is the European Union’s most populous country and has a huge

domestic market. With nearly 83 million inhabitants, Germany’s consumer

market presents major opportunities for foreign companies from all sectors.

Lucrative Market for SME's

Germany is the home of the SME. While it is known for its industrial giants

including BMW and Siemens, approximately 99.6% of all German companies

are SMEs. This means that 2.45 million companies provide more than 60% of

all jobs in Germany. On this basis, foreign businesses looking to enter the

market can be assured that size is no barrier to success, as the German market

is particularly supportive of SMEs.

A stepping stone to succeed and other countries

A foreign business that demonstrates the credentials and persistence to satisfy

the testing requirements of the German market can often then use this success

as a stepping stone to further expansion abroad, in markets such as the

European Union, Russia, Belarus and Turkey. Achieving success in Germany

can open doors for foreign businesses to access other growing markets!

High Productivity

Germany is one of Europe’s most cost-effective production locations and has

one of the highest productivity rates in the world. This is increasing year on

year – with productivity rising by more than 30% equal to 4.1 index points in

the past 5 years, according to the OECD Productivity Statistics report.


Skilled Labour Force

81% of the German population have been trained to university entrance

level or hold a recognized vocational qualification. The “dual system” of

vocational education, which combines workplace training with academic

training produces highly skilled graduates who match the needs of

industry.

Investor Friendly Market

Germany’s investor friendly social-market economy promotes stable

labour relations and a contented, motivated workforce. To date, 80,000

foreign enterprises have established businesses in Germany and now

employ more than 3.7 million people! Additionally, in 2018, around

2,000 foreign companies opened up businesses in Germany.

Central Location

Ideally placed in Europe as a hub for goods and services, inclusion in the

EU has benefitted Germany enormously. Germany shares borders with

every major economy in central Europe, providing instant access to both

established markets in western Europe and growing markets in central

and eastern Europe.

Highly Developed Infrastructure

Germany’s well connected network of roads, railways and international

airports is a major asset. In general, Germany has a highly sophisticated

infrastructure and boasts a state-of-the-art telecommunications network

to service business quickly and reliably.

Made in Germany

This world-famous trademark is synonymous with the highest quality

standards. Germany is also the world’s third largest exporter and whilst


is famous for its automobile, mechanical engineering and electrical

engineering success, futuristic industries such as eco energy production

and nanotechnology are growing in importance.

About On Demand International

On Demand International is the official trade name for Goods On

Demand BV, kvk registration no. 70188939. Headquartered in

Amsterdam, The Netherlands, we are a global 'Market Entry Specialist'

company that is fully focused on non-resident companies and startups.

We specialize in supporting and guiding entrepreneurs from all over the

world to setup and grow their companies in Europe, Canada, America

and India. On Demand International's unique Single Delivery Platform

helps businesses to enter new markets with complete confidence. We

always standby our commitment of 'Delivering Solutions Beyond

Borders'.

Contact us for more information on setting up a business in Germany.

E-mail – support@ondemandint.com

Call - +91-9643460171

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!