Safety in numbers

Beyond achieving net sales growth, todays medical device market environment requires solid management of both, your gross profit from operations, and your income from customers. Located in the Mannheim Medical Technology Cluster, you are able to benefit from competitive labour cost and taxation schemes that help you drive bottom line growth.

Competitive Labour Cost

Germany offers a favourable overall labour cost development when compared to other major geographies in Europe.

The EU Labour Cost Index includes salaries, social insurance charges for employers and labour-related tax deducting labour-related subsidies.

EU Labour Cost Index Q2/2012

UK 104.5
Germany 107.4
The Netherlands 107.4
Italy 108.2
France 108.6
Belgium 112.2

Source: Eurostat – The Statistical Office of the European Commission: Labour Cost, 2012

 

Competitive Local Business Tax

Local Business Tax is charged by all territorial authorities. Its key indicator forms the so-called Gewerbesteuer- Hebesatz %.

Local Business Tax comparison for major German commercial areas 2013

Berlin 410%
Mannheim 430%
Duesseldorf 440%
Frankfurt 460%
Hamburg 470%
Cologne 475%
Munich 490%

Source: Federal Chamber of Commerce: Realsteuer Hebesätze 2013

 

Competitive Corporate Income Tax

The Corporate Income Tax does not include other taxes, like local business tax and other comparable taxes of federal and territorial authorities.

Corporate Income Tax comparison of European industrial countries 2012
Standard tax rates in %

Germany 15.0
United Kingdom 24.0
The Netherlands 25.0
Italy 27.5
Belgium 33.0
France 33.3

Source: Federal Ministry of Finance: Wichtigste Steuern im Vergleich, 2012

 

Company Tax

The Company Tax includes business tax, corporate income tax and other comparable taxes of federal and territorial authorities.

Company Tax comparison of European industrial countries 2012
Tax burden of incorporated companies (nominal) in %  

United Kingdom 24.00
The Netherlands 25.00
Germany 29.83
Italy 31.40
Belgium 33.99
France 36.10

Source: Federal Ministry of Finance: Wichtigste Steuern im Vergleich, 2012