Simulation 2

Research Note – Opening a Business in Germany

Scenario:

A UK client in the retail sector is considering expanding operations into Germany. A partner asks you to provide a short research note they can use for an initial client meeting.

Task:

Prepare a 2-page internal briefing note for the partner covering:

• The basic process for setting up a business in Germany (company structures available, e.g. GmbH).

• Key regulatory/tax considerations at a high level.

• Common challenges UK businesses face when expanding into Germany (employment law, cultural/market differences).

• Practical recommendations (e.g. seeking local tax advice, registering IP, understanding labour laws).

Output format: Internal email briefing for a partner (structured with headings and bullet points).