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United States and German Business Relations The United States and Germany enjoy a rich history of cultural, economic, social and political relations. As noted below, the two countries invest heavily in each other and there are numerous opportunities for trade and bilateral business relations. U.S./German Comparisons A country comparison between the United States and Germany is as follows:
The United States is the largest investor in the European Union and total investments in Germany amount to 100 billion dollars. Approximately 10% of U.S. investment in Germany is in the former area of East Germany, making the United States the largest foreign investor in that region. Germany annually invests approximately 100 billion euros in the United States. Nearly 50% of German foreign direct investment is in the U.S. Both countries also employ a large number of each other’s citizens. Roughly 800,000 Americans are employed in Germany making the U.S. the largest inter-continental employer in the country. In turn, companies in the U.S. employ the same number of Germans, who are outnumbered in representation only by Canada and the United Kingdom. US GAAP/IFRS/IAS Reporting GRP Rainer LLP are experienced international lawyers and tax advisors who are familiar with the United States Generally Accepted Accounting Principles and IAS/IFRS, International Financial Reporting Standards. These systems offer a higher level of transparency for investors and are the bookkeeping method of choice outside of the U.S. for many German companies who do business in the U.S. or intend to expand there.. About GRP Rainer LLP GRP Rainer LLP is an international firm of lawyers and tax advisors who are specialists in commercial law. The firm counsels commercial and industrial companies and corporations, as well as associations, small- and mid-sized businesses, self-employed freelancers and private individuals worldwide from offices in Cologne, Berlin, Bonn and Düsseldorf, Germany.
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GRP Rainer LLP
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