Germany and India are longstanding partners - historically, culturally, politically and economically. In the early 2000s, the ‘Agenda for the Indo-German Partnership in the 21st Century’ was adopted by both countries that envisioned regular meetings of the state heads...
Authors: German Startups Association, https://deutschestartups.org/en/ When coming to Germany to start a business, it is useful to know some basic facts, which can help to put the new business place into perspective and manage everyday life more easily. National...
Author: Flo Oberhofer, http://www.make-in-india.de The target of this article is to give Indian startups a first insight into the German culture and its implications on business behaviour and attitudes. This article does not claim to be a single source of truth and...
Author: Josefina Nungesser, http://www.gtai.de The digital hub initiative: Where to set up your business in Germany The Digital Hub Initiative is run by the Federal Ministry for Economic Affairs and Energy and aims to strengthen Germany’s position as a world leading...
Author: Eric Weber, https://spinlab.co/ In the last years, the German startup ecosystem has grown dramatically and with it, the number of accelerator programs increased to more than 90 programs as of 2019. For Indian founders some of those accelerators may...
Authors: Dr. Kai Morgenstern, Armin Baharian & Dr. Matthias Wallisch, https://www.rkw-kompetenzzentrum.de/ In comparison to other countries, SMEs have a special place in the German economy. The German Mittelstand is admired worldwide as a successful role-model. In...
Author: Eileen Trenkmann, http://www.linkedin.com/in/eileentrenkmann Co-working has seen a significant increase in the last years in Germany. Recent studies assume that there are over 500 co-working spaces currently in operation in Germany. In 2018 German co-working...
Author: Burkhard Volbracht, https://www.berlin-partner.de/en/ The following article is aimed at providing an overview of the most important information after arriving in Germany, so that Indian founders can start their business expansion as quickly as possible. Visa...
Authors: Udo Sellhast & Christina Schön, http://www.gtai.de/ Indian companies seeking to set-up a business in Germany can choose between different establishment forms. A separate corporation held by the foreign company – a subsidiary – in the form of a corporation...
Author: Frederik Wulff, https://markel.de/ Anyone who starts a company runs a risk. These risks are normally shared among the entrepreneur and the investors, in return for which the profits are shared among them as well. In some areas, however, the entrepreneur does...
Author: Dr. Katy Ritzmann, https://www.gsk.de/ Legal basics for establishing business activities in Germany After successfully having set up a company, the operation of the newly founded entity will have to comply with further legal provisions. These include company...
Authors: Nicole Kunas, Peter Lennartz, Andreas Funke & Tobias Spath, https://start-up-initiative.ey.com/ Tax registration in Germany There is no need for an approval from the tax authorities for opening a business in Germany. Tax registration is required at the...
Authors: Nicole Kunas, Peter Lennartz, Andreas Funke & Tobias Spath, https://start-up-initiative.ey.com/ The majority of startups deem financial accounting annoying rather than beneficial for their business. Entrepreneurs are passionate about the purpose of their...
Based on information provided by the European Commission (http://ec.europa.eu/). Indian startups with a subsidiary in Germany can benefit from the provisions of the European Single Market, which significantly reduces bureaucracy, administrative burdens, and compliance...
Authors: Janka Schmeißer & Maren Lutterbach, https://i-potentials.de/de/ Amongst other factors, the success of startups depend on a dedicated, able and enthusiastic team. Therefore, it is critical for startups coming to Germany to find employees who match...
Author: Dr. Tanja Emmerling, https://high-tech-gruenderfonds.de/en/ Indian startups seeking to expand to and set up a business entity in Germany can turn to a variety of sources when seeking investments. Selecting the right type of expansion financing is largely a...
Author: Julia Luchterhand, http://www.pwc.com/ Especially in the early stages, entrepreneurs need more than just encouragement and moral support. The German government, the 16 German Federal States and the EU provide several support schemes for startups. At a first...
Author: Eileen Trenkmann, http://www.linkedin.com/in/eileentrenkmann When coming to India to start a business, it is useful to know some basic facts, which can help to put the new business place into perspective and manage everyday life more easily. National holidays...
Author: Amrita Gandikota, https://indien.ahk.de Today, as businesses are getting highly international, one can hardly avoid cross-cultural business collaborations, pushing individuals to acquire intercultural competencies. In a recent survey from the Economist...
Author: Eileen Trenkmann, http://www.linkedin.com/in/eileentrenkmann As Germany, India has seen a significant increase of startup accelerators. It is fair to assume that there are currently more than 70 accelerators being regularly conducted. While some of the big...
Authors: Dezshira & Associates, http://www.dezshira.com/ Market prices for leasing or renting an office space not only differ from one city to another but also within the city. Many factors affect the rent of a place such as location, building amenities, lease...
Authors: Dezshira & Associates, http://www.dezshira.com/ The following article is aimed at providing an overview of the most important information after arriving in India, so that German founders can start their business expansion as quickly as possible. Visa The...
Author: Dhruv Suri, http://www.psalegal.com/ The process of economic reforms in India was initiated in 1991. Since then there has been a constant endeavour to create a foreign investor friendly climate by simplifying procedures for entry and operations. This chapter...
Author: Dhruv Suri, http://www.psalegal.com/ After successfully having set up a company, the operation of the newly founded entity will have to comply with further legal provisions. These include company internal matters, such as how the bodies within the company are...
Author: Dhruv Suri, http://www.psalegal.com/ A German entity may have a “permanent establishment” in India if it incorporates an Indian entity for carrying out its Indian operations. The India-Germany Double Taxation Avoidance Agreement stipulates that German...
Authors: Amrut Joshi, https://www.gamechangerlaw.com/ Foreign direct investments regulating laws in India The regulatory regime which governs foreign direct investments in India includes: (i) the Consolidated Foreign Direct Investment Policy of 2017 (“FDI Policy”);...
Authors: Dr. Christoph Senft & Jana Köhler, https://meetra.de/ Indian employees are enthusiastic and hard-working. India has one of the biggest IT sectors in the world, with highly qualified professionals. However, cultural differences between German and Indian...
Author: Eileen Trenkmann, http://www.linkedin.com/in/eileentrenkmann German startups seeking to expand to and set up a business entity in India can turn to a variety of sources when seeking investments, especially once registered under the Startup India Initiative....
Author: Amit Kumar, https://www.linkedin.com/in/amit-kumar-a97b854/ Funding and assistance landscape The startup promotion framework in India has undergone massive overhaul in the last 3 years, since the launch of the Startup India initiative and platform. Before...