Germany with its population of over 84 million is not only the largest country in the European Union but also an important player on the European stage. In addition, Germany is known worldwide as being an important financial centre and benefits from the world’s largest common economic area with around 450 million consumers in the EU single market.
To promote investments, the country offers incentives, subsidies, flexible labour markets and a reduced bureaucracy. German law is tailored to the needs of companies.
Germany also, offers numerous legal forms for founding a company. Selecting a legal form depends on various factors, for example liability, taxation and accounting. After having made an initial selection, an entrepreneur is not tied to a particular legal form since German law offers an opportunity to change the legal form as an entity develops further.
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