Pros And Cons Of Foreign Direct Investment In Germany
German government launched an economic stimulus program in 2009 to help boost the demand for new cars. It was called the “scrapping bonus.” If the car was older than nine years then the person was eligible. The National Electromobility Development Plan made more than EUR 500 million in funds available for the production of electronic vehicles. German government set standards for biofuels share by energy at 12% by 2020. More than 260 passenger car models produced in Germany already meet or are below the 130g/km of CO2 target. Smaller vehicles are in demand because people want more energy and fuel efficient cars.
Taxes in Germany can be as low as 22.83% and as high as 30%. That makes them one of the most competitive tax systems. Germany has a value added tax (VAT) that is added after each stage of the supply …show more content…
Refer to Figure 6. Venture capital partners can be found in the German Private Equity. Venture Capital Association Programs in Germany offers attractive interest rates for loans. Cash incentives can be in the form of a non-repayable grant, investment allowance, or a tax-free cash payment.
“Germany Trade & Invest is the foreign trade and inward investment agency of the Federal Republic of Germany. The organization advises and supports foreign companies seeking to expand into the German market, and assists companies established in Germany looking to enter foreign markets. All inquiries relating to Germany as a business location are treated conﬁdentially. All investment services and related publications are free of charge.” The German government wants businesses from all over the world to venture into their country. Germany is welcoming our company into their market. Refer to Figure