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Company Formation in Germany
Germany has a strong foothold not only in the European market but globally, bringing itself into the limelight as one of the strongest economies, both in regards to trade and industry. Not only does it stand strong in the automobile industry, but further it is making great headway in various other high-technology areas. Germany has positioned itself strongly, not only in the Eurozone, but internationally as well. It’s Europe’s economic engine. Investors profit from the economic performance of the world’s fourth largest economy. It has one of the most reliable economies in the world and has repeatedly proven its ability to handle turbulences and trials. One of the world’s leading exporter, it’s neck and neck with China and the US. With world’s highest productivity rates, it’s Europe’s most cost-effective production location. German quality is the biggest decisive factor for its global competitiveness. Labor relations are stable, and education reforms ensure that the workforce output meets the global requirement. Research & Development receives significant budget allocation and is backed by billions of euro making Germany a global force in technology solutions.