Wednesday, 3 March 2010

Establishing a business in Germany

Expat entrepreneurs looking to start up a business in Germany benefit from law that makes no ‘distinction between Germans and foreigners in the establishment of companies and no restrictions on the repatriation of profits’, according to this recent article on Expatica.com.

The article gives advice specific to Germany as well as some more general advice that applies for anybody starting a business, especially one in a foreign country. Often there is a slightly different bureaucratic system that takes some learning, and the services of a financial or tax advisor will be essential.

In an ever more globalising world, and with mediums for sharing information such as the internet, there are increasingly more opportunities out there for expats. Guides such as this one can be very useful if you are planning something or even if you are interested speculatively – as seen by this one which is the most read article on Expatica at the moment!

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