Our London based Germany business desk is focused on providing a full range of professional services to German companies, and can offer clients a complete service from the beginning of their business journey right through to listing on AIM.
Our Germany desk team include native speakers who are well versed in the cultural, economic and regulatory environments in both the UK and Germany and understand both the similarities and the differences between operating in the two countries.
German companies doing business in the UK
We have particular experience supporting both large and small international companies to establish their business in the UK. Whether you are moving operations to the UK or are looking to continue doing business post-Brexit, we can support you to achieve your aims. In addition to providing outsourcing services to German companies, our specialists are able to advise on a range of tax issues such as VAT and choosing the most tax efficient corporate structures.
The expertise of our Germany business desk covers:
- Audit and assurance;
- Capital markets and corporate finance;
- Business advisory, including management accounts and payroll;
- Budgeting and forecasting;
- Implementing a tax effective structure;
- Corporate and personal tax; and
- VAT and duty;
- Financial reporting; and
- Turnaround and recovery.
Audit and assurance for German companies
We can carry out audits of UK subsidiaries of German companies, and advise on the compliance requirements when doing business in the UK. Our team have knowledge of SAP systems and regularly work with this accountancy software. The team also have knowledge of Datev, an accountancy system frequently used by German firms.
Outsourcing your business operations
We can help you to streamline your business operations, meaning you spend less time on bureaucracy and administration, and have more time to concentrate on the core areas of your business. In addition, our company secretarial division can attend to all your registration formalities and our City of London address is available for use as the registered office for your company in the UK.
The outsourcing services we offer include:
- Management accounting – regular tailored reports for effective decision making;
- Payroll – calculation, payment and compliance;
- VAT – returns prepared and submitted;
- Company secretarial – fulfilling your statutory requirements;
- IT – systems review and advice;
- Bookkeeping – from basic records to trial balance; and
- Specialist sector requirements – eg. FCA regulated returns
Should we need to, we can also call on the expertise of our UHY International offices that operate in 98 countries across the globe, including eight major business centres in Germany. We have worked cohesively with colleagues from these offices on numerous international assignments such as dual listings and large group audits and can therefore provide multinational services should you require them.
The next step
We have also produced a ‘Doing business’ guide which summarises the key issues you will need to consider when setting up business in the UK, including details on procedural issues, local regulations on foreign investment, and taxation.
For further information about our Germany business desk and how we can help you, please get in touch using our contact form.