Entering the German market – what British companies need to know 

Brexit was, and still is, a stress test for Anglo-German trading relations. Since then, Germany has become even more interesting to investors and company founders. The EU’s largest economy still remains an important partner for businesses.

Key points in brief     

  • In all deals, transactions, establishing companies, and relations, the tax and legal conditions have to be considered.
  • Different employment regulations apply in Germany to the UK. Since Brexit, staff posted there require a visa and a work permit. 
  • British companies need have some understanding of the very direct German manner. We’ll advise you with an intercultural view.     
  • Global tax management quickly becomes an issue when doing international business. We are a member of the global Grant Thornton network and offer a full service internationally. 

Industry and finances 

Trading relations between the United Kingdom and Germany have long been characterised by industry, particularly the car industry and the finance sector. Both economies have a focus here, which encourages collaboration. But relations are far from limited to just these areas. A common history has led to more and more areas of cooperation. M&A and starting companies in Germany are the logical consequence of a common past. 

Challenges and solutions 

The UK’s departure from the EU brought drastic changes with it to the commercial sector.  Much has changed. With our experts in tax, law and all the other issues, you’re on the safe side – we create the best conditions for you to make the best start into the market in Germany and clear hindrances out of the way. 

We’re there when you need us and provide advisory in the following areas:     

  • Green-field investments and M&A       
  • Tax and legal questions in all the typical areas, including advise on subsidies     
  • Preparation for EU compliant sustainability reporting or auditing     
  • Compliance issues     
  • Taking on outsourcing services (bookkeeping, payroll accounting, etc.)     
  • Data security and eDiscovery issues     
  • Planning, documenting and defending appropriate transfer price structures, and     
  • Audits under German and international standards and audit-related advisory services, e.g. financial reporting.

Get in touch without any commitment.

Are you a British company looking to do business in Germany? Are you looking for advice from understanding, native speakers to allow you to get the best start into the German market? Our contacts Thorsten SchrimpfMechthild Pietrek and Matthew Harrison help British companies enter the German market as smoothly as possible. Take advantage of their expertise and feel free to contact them with your questions, without any commitment.

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