To successfully launch a business in a foreign country, it’s crucial to seek support from reliable professionals. This article introduces the top accounting and legal firms operating in Germany.
Economy overview
Germany’s social market economy is highly developed, making it Europe’s largest and the world’s third-largest by nominal GDP, closely following Japan. The country is famous for its trade surplus, which reached an unprecedented $310 billion in 2016, thereby establishing it as the largest capital exporter globally. Germany’s main exports are vehicles, machinery, chemicals, electronics, and pharmaceuticals, which were valued at $1.81 trillion in 2019. The service sector dominates the GDP, accounting for around 70%, followed by the industry at 29.1%, with exports contributing significantly, totalling 41% of the national output.
Why Germany?
Investing in Germany offers numerous advantages due to its robust economy, stable political environment, and strategic geographical location within Europe. The country boasts a highly skilled workforce, advanced infrastructure, strong technological innovation, and a business-friendly environment. Germany’s commitment to research and development, along with its access to the European market, makes it an attractive destination for investors seeking stability, growth opportunities, and a solid return on investment.
However, recent economic indicators suggest that Germany may face challenging times. Forecasts point to a downward revision in 2023 economic growth, marked by declining exports, persistent inflation, and industry slowdowns. These trends pose formidable challenges that require strategic measures to navigate and sustain the traditionally robust German economy. To mitigate these risks and navigate the complexities of the German business landscape, we offer access to top-tier companies vetted by Tax and Legal Explorer. These firms specialize in risk reduction strategies, providing invaluable guidance and expertise to navigate through uncertain economic climates, ensuring your investment in Germany remains resilient and successful.
Top 5 tax and accounting firms in Germany
You can find here a list of the five best tax accounting firms in Germany, selected by the Tax and Legal Explorer golden selection.
- GSK Stockmann
GSK Stockmann operates as a leading independent European law firm, maintaining offices in Berlin, Frankfurt, Hamburg, Heidelberg, Munich, Luxembourg, and London. The firm specializes in offering comprehensive tax advice and representation to both German and international clients. In handling cross-border transactions and projects, GSK Stockmann collaborates closely with selected law firms in core and growth markets across Europe, North America, and Asia.
- BMI auditax GmbH
Since 1998, BMI has aimed to be an innovative and trusted business partner dedicated to supporting the individual growth journeys of its clients. The company takes pride in nurturing enduring client relationships, some of which extend back more than 15 years. Operating from offices in Konstanz, Germany, and Zürich, Switzerland, BMI serves a diverse clientele, encompassing both local and international businesses.
- Rodl & Partner
Catering to diverse sectors and international boundaries, Rödl & Partner thrives as a highly successful professional services firm. Renowned for its proficiency in legal, tax, and industry-specific matters, the firm stands as a leading entity in Germany. Operating through cohesive interdisciplinary teams inclusive of accountants, auditors, lawyers, management, IT, and tax consultants, they work collaboratively to realise client objectives. With an extensive reach across Germany, the firm delivers comprehensive multilingual support, ensuring personalised service to clients worldwide.
- BBH-STANDORTE
The BBH group encompasses Becker Büttner Held, a partnership consisting of lawyers, public auditors, and tax advisors, along with BBH Consulting, a business consulting firm, BBH AG Wirtschaftsprüfungsgesellschaft, an audit firm, and BBH Immobilien, a specialised project developer focusing on urban neighbourhoods. Working collectively, they devise tailored solutions aimed at meeting diverse business needs in various situations.
- WHS GmbH & Co. KG
The tradition of WHS dates back to 1977. For over 40 years, spanning multiple generations of consultancy, the firm has provided clients with top-tier advisory services. WHS has ensured the sustainability of its existence through timely planning and transitioning to the next generation. The recent transfer to Förderer, Keil & Partner, Saarbrücken, has been in practice for several years, culminating in its official implementation in 2019. With these measures in place, WHS assures its clients and business partners of a steadfast ally by their side for years to come.
Top 5 law firms in Germany
You can find a list of the top five legal firms in Germany, selected by the Tax and Legal Explorer Golden Selection.
- Angerer & Collegen
Specializing in assisting small to medium-sized, primarily owner-operated businesses in the South Westphalia region, along with their executives, shareholders, and family members, this firm adeptly crafts legally viable solutions that are both commercially sensible and practical. Furthermore, their expertise extends to litigation, interim injunction proceedings in civil and labour courts, as well as defence in matters concerning tax criminal law.
- Caemmerer Lenz
Caemmerer Lenz, a long-standing legal institution in southwest Germany, has been a trusted hub for legal counsel for decades. With over 40 attorneys, public accountants, and tax advisors, the firm’s strength lies in its deep expertise and practical solutions. Renowned for fostering enduring client relationships based on trust and collaboration, the firm’s personalised communication ensures a dedicated point of contact for diverse client needs. Beyond its local prominence, Caemmerer Lenz’s international presence in Switzerland and a global network across 50 countries through Eurojuris underscores its ability to navigate complex legal landscapes for clients.
- Ederer und Partner
Ederer und Partner serves as a trusted source for adept legal guidance across three generations of legal practitioners. Specialising in both regional and national counsel for mid-sized companies and local authorities, the firm upholds the utmost standards of quality, expertise, and results-oriented legal support. With a heritage dating back to 1929, their commitment to certified management, tradition, experience, and dedicated service underscores their pursuit of legal excellence.
- Lang & Rahmann
Lang & Rahmann offers a personalised legal approach, ensuring each lawyer is directly involved and available for your case, backed by additional expertise from colleagues when needed. With broad expertise in business law, and avoiding overspecialisation, the firm prioritises understanding your issues within economic contexts. They boast extensive international connections through a specialised global network of law firms, facilitating cross-border solutions. Fluent in multiple languages, their focus on cost-effectiveness means competitive hourly rates, prioritising legal services over high overheads.
- Schalast & Partner
Schalast Law, established over 26 years ago, provides specialised legal services in finance, corporate, labour, and commercial law for national and international clients. With expertise in cross-border corporate matters and a dedicated team covering various services, Schalast offers comprehensive legal solutions. As a member of the global MULTILAW network, the firm has contributed to legal reforms for governmental bodies across Europe, the Mediterranean, and Central Asia, showcasing its international influence.
On our Tax and Legal Explorer database, you can easily contact all of the mentioned companies and send them a quote request: https://taxandlegalexplorer.com/
