Germany is one of the world's most advanced market places. It is the world's third largest economy in USD exchange-rate terms, the fifth largest by purchasing power parity (PPP), and the largest economy in Europe. Germany is politically as well as economically one of the most important countries in Europe and the European Union.
Germany uses the common European currency, the euro, and its monetary policy is set by the European Central Bank in Frankfurt, Germany. The German economy is heavily export-oriented. German exports accounting for more than one-third of national output. As a result, exports traditionally have been a key element in German macroeconomic expansion. Germany is a strong advocate of closer European and worldwide economic and political integration, and its economic and commercial policies are increasingly determined by agreements among European Union (EU) members and EU single market legislation.
Due to its geographical position, its good infrastructure and its legal certainty Germany is the first choice for many foreign companies when establishing a Representative Office or a subsidiary for their entry into the European market.
Establishing an entity in Germany provides companies great opportunities to expand their business in Germany and greater Europe. In 2011 Consultinghouse's "How To Germany" service guided companies out of 16 countries and more than 10 industries to start and grow business in Germany and Greater Europe. We also provided support to existing business in Germany.
Through the creation of a sustainable market entry strategy, in cooperation with our clients, we build the confidence needed to achieve the most out of their individual business plan. We are looking forward to supporting foreign clients to start and grow new business in a strong German economy.