Reasons to Invest in Germany
The German economy is a major source of many branches and markets. We set our goal to find “Human Capital” to optimally fill the position for your individual business, targets and company. Let us come together and find out, what we can do for you and your business in recruiting and headhunting for the right talents in Germany.
Germany offers an exceptionally well-qualified, motivated and conscientious workforce. The demand for professionals is met by almost 400 institutions of higher education. 84 percent of the German population have been trained to university entrance level or possess a recognized vocational qualification. Another strength of the German education system is the combination of workplace training and school instruction. A social-market economy promotes stable labor relations.
With 81 million inhabitants, Germany is the European Union’s most populous country and therefore also the largest market and economy within the EU. With a gross domestic product of more than 2.4 trillion euro, Germany is the third strongest economy in the world.
Germany’s central location in Europe make it a hub for goods and services. Germany is especially benefiting from EU enlargement. As a result, it is the only country among the seven most important industrialized nations to increase its share of world trade continuously since 1995.
Germany is an open market and warmly welcomes foreign investors. That is demonstrated by the 22,000 foreign enterprises that have established businesses in Germany and now employ more than 2.7 million people. The German market is open to entrepreneurial investment in practically all areas. There are no longer any state-controlled industries. Germany is receiving increasing attention from private equity firms and hedge funds due to its highly attractive companies and favourable investment conditions.
High Level of Innovation
Statistically, Germany has ~ 280 international patents per one million inhabitants – more than anywhere else in the world. The close cooperation between industry and world-famous research institutions (all close to HSH+S) like the KIT, MPI and Fraunhofer Institutes swiftly transforms new ideas into products for the world market.
Germany once again retained its position as the world’s number one exporter. The country is the only G8 state which has increased its share of world trade in the last 10 years. And with 460 billion euro inward investment, Germany also proved to be a money magnet and one of the top regions for foreign investors.
More than 7 million foreigners live in Germany. Several metropolitan regions have prominent foreign communities with their own schools, churches, shops and restaurants. For example, a large number of Japanese live in the Düsseldorf region and many Chinese in Hamburg. Approximately 70% of German blue- and white-collar workers speak English.
Located at the heart of Europe, Germany is Europe’s number one logistics market. Communications infrastructure is exceptionally well-developed throughout the country. A sophisticated energy and first-class transportation networks ensure on-time delivery and short roads to success.
Among all countries, Germany ranks fourth in terms of legal security. Germany is a modern constitutional state with transparent and reasonable laws. The German legal system has served as a model for legal systems in many other countries. International studies demonstrate that German legal security is highly regarded by investors.
85% of all businesses are small or medium-sized. The German economy is characterized by privately owned firms, called “Mittelstand”. This makes German industry very innovative, flexible, multifaceted and competitive. Many of these highly specialized firms are world market leaders in their field, so-called “hidden champions”.
One of the highest productivity rates in the world, German quality, and steadily decreasing unit labour costs are the decisive factors for our competitiveness. A series of social and market reforms have further contributed to Germany’s continued economic growth to make it one of Europe’s most cost-effective production locations.
Germany is Europe’s no. 1 location for research. German research & development is backed by billions of euro in annual federal funds, helping to make Germany the world’s leader in innovation. It’s this commitment which also makes us Europe’s leading patent applicant and the leading global force in high-tech solutions.
Germany provides attractive incentives to all investors. A comprehensive range of programs support the broad spectrum of business activities at all stages of the investment process. Support ranges from cash incentives for the reimbursement of direct investment costs to incentives for labour and R&D (see links).
Competitive Tax Conditions
Germany has significantly reduced its corporate tax levels. A far-reaching reform of company taxation is helping companies invest, and secure new business. The Federal Government’s raft of reforms to improve the general tax framework and keep indirect labour costs down are opening doors of opportunity to ever more investors.
Quality of Life
Germany is a modern, tolerant, and cosmopolitan society with an excellent standard of living. Superior health and education provision, endless opportunities for sports and recreation in a beautiful landscape, and a vibrant cultural scene are just some of the reasons why more than seven million foreigners have made their homes in Germany.
There are much more reasons, why Germany will be a success for you with the right people on board.
Ask us, test us, trust us.