Company Formation in Germany
Germany's relatively high corporate tax rates, complex tax legislation and high incorporation costs make Germany company formation a less attractive option for national and international entrepreneurs. However, this European economic powerhouse does offer a range of incentives and fiscal concessions to support Germany company formation. The following information will help you in determining whether Germany company formation is the optimum corporate solution to meet your business objectives and goals.
- A German Limited Liability Company (GmbH), the most popular type of Germany company formation, requires only one shareholder and director.
- Germany has one of the most developed economies in the world supported by an advanced legal and world-class banking infrastructure.
- Germany has signed Double Taxation Treaties with more than 75 countries around the world. These treaties provide relief from withholding tax on dividends, royalties and interest. These agreements of company formation in Germany follow the Organization for Economic development and Cooperation (OECD) model.
- The federal government provides a wide range of incentive programmes, including loans and grants, depending on the nature of the company and its intended location. Some areas of Germany offer capital investment grants of up to 50% to small and medium-sized enterprises. Local government incentives may also be offered in the form of beneficial tax rates but these are not usually available in the major cities.
- There is an abundant supply of highly skilled and experienced professionals in the most regions of Germany to support our clients' Germany company formation plans.
- Germany is positively ranked as the 14th least corrupt country in the world, according to the 2009 Corruption Perceptions Index by Transparency International, a global measure of corruption amongst public officials and politicians.
- Germany is ranked 7th by the World Economic Forum in their Global Competitiveness Report, one of the world's most comprehensive and respected assessment of countries' competitiveness, offering invaluable insights into the policies, institutions, and factors driving productivity.
- The ranking takes into account factors including government efficiency, business efficiency, economic performance and infrastructure.
- The index bases its ranking on factors like quality of housing, urban scale as well as amount of crime and the quality of education and healthcare.
- After incorporating a company in Germany, We assist entrepreneurs in obtaining Germany employment and residence visas, as well as purchase Germany property.