Opportunities for growth Opportunities for growth of indirect exports to emerging markets The primary item highlighted German industry’s sharp focus on exports and its penetration of the world’s rapidly growing economies. Via this indirect channel, Dutch products are also reaching the emerging markets. Of the € 52 billion in DutchRead More →
Organic agriculture and aquaculture Smaller but still important issues are organic agriculture and aquaculture. Some interviewees feel, that in the frame of the bioeconomy discussion and related funding, organic agriculture (e.g. The BÖLN programme) was neglected and funds were too little. It is obvious that there is little interest ofRead More →
Income tax returns (Einkommensteuererklärungen) Tax assessment procedure and withholding procedure Income tax returns (Einkommensteuererklärungen) and corpo- rate income tax returns (Körperschaftsteuererklärungen) must be fled annually for the calendar year based on the sole propri- etorship’s, partnership’s or corporation’s fscal year ending with or within the calendar year. The returns mustRead More →
The immigration pose a challenge Employment has continued to grow, mostly in services. So far the minimum wage does not appear to have had significant negative employment effects overall, and even had a positive employment impact in sectors and regions with a high incidence of low pay. Transitions of workersRead More →
AG is managed and represented in and out of court by a board of management (Vorstand) The AG is managed and represented in and out of court by a board of management (Vorstand). Unless otherwise specifed in the articles, all members of the board of management must act jointly inRead More →
Sound information is imperative in order to identify opportunity Intelligent data leads to smart decisions Sound information is imperative in order to identify opportunity, minimise risk and tap into Africa’s growth potential. Analyse Africa is a valuable digital data platform which aggregates macroeconomic data on Africa’s 54 countries from worldRead More →
Acquisition of Kuka The discussion about the acquisition of Kuka was no excep- tion. What was new, however, was the intervention of the German government, triggered by the key role played by the robot maker in the fourth industrial revolution, i. E. Thedigitalization of the industry ( “Industry 4. 0”).Read More →
Strengthening domestic demand Policies which reduce the current account surplus by strengthening domestic demand and making the services sector more attractive for investment would have positive spillovers in the context of subdued economic growth in the euro area and world-wide, supporting adjustment in deficit countries at a lower cost inRead More →
Elect taxation on a net basis Non-resident taxpayers who are citizens and residents of EU / EEA countries are able to elect taxation on a net basis with respect to income from artistic, athletic, acrobatic or similar performances, income from utilization of such performances, or income from service on aRead More →
Significant impact of business models on banks The German authorities acknowledge the significant impact of business models on banks’ and insurance companies’ forward-looking risk profile and have undertaken some (financial) analysis for a few individual banks in this area. At the same time, the authorities point out that the choiceRead More →
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