April 22, 2020

Tax System in Germany

As an investor or entrepreneur who has just entered Germany to start business, it is very wise to extend your knowledge in how the tax system […]
November 20, 2021
income tax in Germany

Income tax in Germany

The most significant tax that all employees and business owners in Germany have to pay is the income tax. People should pay the income according to […]
November 10, 2022
Investing in cryptocurrencies in Germany

Cryptocurrencies in Germany

Germany is known as one of the top cryptocurrency-friendly countries in the world. Here at Wise Business Group, we explain its reason and everything you need to know about investing in cryptocurrencies in Germany.
November 22, 2022
Legal form GmbH & Co. KG in Germany

Legal form GmbH & Co. KG in Germany

If exemption from personal liability is a determining factor in choosing the suitable legal form for your business in Germany, both of the following will be on your final list: • Limited liability company (GmbH) • Limited liability and limited partnership company (GmbH & Co. KG) Both companies are among the most popular legal forms in Germany. However, they have some differences.
December 28, 2022
Sale of a GmbH company in Germany

Sale of a GmbH company in Germany

In this article of Wise Business Group, we explain about the measures you should take for sale of a GmbH company in Germany.
October 21, 2023
German salary system

German salary system

The German salary system is well-regulated to guarantee transparency, accuracy, and compliance with legal requirements. Employers are often responsible for accurately calculating and processing employee salaries according to German labor laws and contractual conditions. Employees in Germany usually receive their salaries every month. The employers must provide their employees with detailed pay slips containing the various salary components, tax deductions, social security contributions, and other additional payments. They deduct some mandatory deductions such as income tax, social security contributions, health insurance contributions, and pension contributions directly from employees' salaries and pay them to the competent authorities.
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