What will happen to Europe this winter, with the energy crisis that keeps ramping up? It is hard to say. However, if any country is strong enough to see this crisis through, it is certainly Germany. This is why it is still the best place to open a company in Europe, in 2022. Here are a few reasons that explain why.
A True Cosmopolitan Country
Germany has managed to build a country that is truly cosmopolitan. It starts with languages, as 70% of the population speaks a second language. That can be considered quite a feat, in a region that is strongly tied to its history and its nationalism. But if you decide to move your company from the UK to Germany, you can be assured that you won’t have any issue communicating at work with your employees in English, but also to the population in general. All you will need is a good company to take care of removals to Berlin of your belongings, or to any other city around the country for that matter. You could choose Düsseldorf and its vast Japanese community or Frankfurt, if you feel closer to Koreans. It comes with all the elements of culture that relate to each community, including food, schools and entertainment as well.
A Country labelled as Quality
When you produce in Germany, you can be assured that people will consider your products to be of optimal quality. That is because the whole country is recognized as a synonym to this adjective, for years now. It is true about the car industry, for example. Everyone knows that Audi, Mercedes and BMW are brands that you can trust. Even with the story that happened a few years back at VW, it still got back to normal in no time, thanks to the good reputation the country has held onto for so long, in terms of quality of products, produced on German soil.
A Tax Policy that attracts Businesses
One of the most important reasons why a business decides to open in a given country, is the tax policy – when it is favorable, of course. We can definitely say that the tax policy in Germany is considered friendly by companies. The reforms that have been made have also made sure to keep the cost of labor as low as possible, yet sufficiently high to attract some of the best workers, as well. Most importantly, there has been a significant reduction in the tax level for companies, which helped to create an increase in investments inside the country, over the last decades.
The Largest Market in the EU
If you are looking to sell lots of products or services, you need to have a good number of prospects interested by what you sell. Germany is the largest one in all of the EU, in terms of the number of people living on its territory. Today, there are over 82 million people that call Germany home, with 10 million of them, coming from another country, around the world. That quantity is sufficient to attract many companies on German soil.
