India continues to experience a climate of pioneering and optimism. With the “Make in India” campaign, the Indian government wishes to attract foreign investors to the country and create an upturn in the Indian economy. The country is rapidly opening up its markets to foreign investors, offering them attractive conditions and subsidy programs. Combined with a campaign to simplify its bureaucracy, the largest democracy in the world is facilitating market entry for European investors.
With more than 1.2 billion people, India is one of the world’s fastest-growing economies. The country offers an incredible range of possibilities, but is also faced with difficult challenges. The growth of the Indian economy has enabled an increasing number of Indian companies to invest in Europe for purposes of their own diversification and sustainable growth. Germany, with a recorded trade volume of EUR 16.1 billion, is one of India's most important EU trading partners and an attractive target country. Indian investors are warmly welcomed in Germany.
The increased need for advice on inbound and outbound transactions related to India is brought together under one roof in Heuking Kühn Lüer Wojtek's India Practice. We advise our clients in collaboration with a small group of high-profile Indian commercial law firms. Since we are not bound by exclusivity agreements, we can offer our clients the best advice on an individual basis, custom-tailored to our clients' needs. Our attorneys are familiar with the culture and circumstances in the country as a result of their many business trips to India. As we successfully support investment projects, we are continually exchanging professional and personal ideas with our Indian colleagues and hold joint client seminars. In addition, we are in close contact with the Indo-German Chamber of Commerce.
We provide the utmost support to our German clients during their market launch in India, whether this involves establishing subsidiaries or entering into strategic partnerships and investments. In addition, we advise German clients on negotiating and concluding transactions with Indian business partners on an individual and professional basis.
Indian clients value our sound knowledge of the cultural and legal obstacles they face when doing business in Germany. We offer pragmatic business solutions for their interactions in Germany. Our advice ranges from legal and tax structuring of transactions and direct investments to individual questions on daily business, including matters of employment and residency law. As a full-service law firm, we are your contact for all legal matters. Upon request, we are also able to connect clients with tax advisors and auditors who can provide services in bookkeeping and payroll accounting.
India Business Law Journal, a renowned Indian trade magazine, recognized Heuking Kühn Lüer Wojtek as "Leading international law firm for India work" in 2016 for the fourth consecutive year. The international handbook "Chambers Global 2016" has ranked the firm in the field of Corporate/M&A - India: Expertise Based Abroad and members of the India Desk as "Leaders in their Field" in Corporate/M&A, Experts Based Abroad, India.
Better Business in Germany
The German legal system turns out to be one of the most complex and comprehensive legal systems in the world. "Doing Better Business in Germany" provides an initial overview and gives readers the information needed to better judge and prepare the demand for tax and legal advice regarding their investment and exporting projects.
Cross-border Mergers & Acquisitions in Germany
Foreign investors need to be aware of certain particulars of the German market. An overview can be found in our brochure "Cross-border Mergers & Acquisitions in Germany - A Transaction Guide for Foreign Investors."
In addition to the legal aspects, the brochure also deals with cultural differences and possible pitfalls that may occur during a transaction.