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
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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