view from the regions - Deutsch
Transcription
view from the regions - Deutsch
1 Issue 2 • Summer 2012 The magazine for members of the German-British Chamber of Industry & Commerce Germany Invests Survey results SEE PAGE 12 VIEW FROM THE REGIONS "...a new drive to maximise local business opportunities..." Josephine Chexal, Chairperson, German-British Chamber in North East England SEE PAGE 4 27-30/10/2012 Hong Kong International Lighting Fair (Autumn Edition) 2012 Joining the HKTDC Hong Kong International Lighting Fair (Autumn Edition) 2012 places you among the stars of the industry. In 2011, more than 2,100 exhibitors from 30 countries and regions made the fair the largest in Asia, and the second biggest of its kind in the world. Over 33,000 buyers came from around the world to source from these exhibitors. A world class lighting event Hong Kong is not only a focal point for global trade, it has its own internationally reputed lighting & manufacturing industry. The trend towards energysaving lighting is also providing a boost to the lighting market, with new technologies constantly being developed and exciting new products coming on line. The fair makes every effort to reflect industry trends by outing the focus on key product zones, making the latest products easily accessible to buyers. Your contact point for Hong Kong International Lighting Fair is DEinternational, London in co-operation with Germany Industry and Commerce Greater China, Hong Kong and the Hong Kong Trade Development Council. Major exhibit categories • • • • • • • • Hall of Aurora Commercial Lighting Household Lighting LED and Green Lighting Outdoor Lighting Lighting Accessories, Parts and Components Lighting Management, Design and Technology Trade Services and Publications Space options 9 sqm Standard Box A 9 sqm Standard Box B 9 sqm Premium Booth 9 sqm DeLuxe Booth raw space (per sqm) US$4,725 US$5,094 from US$5,562 US$6,633 US$454 Facts and figures from last event • • • • Total number of exhibitors: Number of exhibitors from outside Hong Kong: Total number of visitors: Number of visitors from outside Hong Kong: 2,104 1,581 33,319 23,835 Ian Wivell Tel: 020 7976 4150 Email: [email protected] Website: www.deinternational.co.uk For more information: http://hklightingfarae.hktdc.com contents initiative A key achievement of European Integration has been peace and prosperity for the last 65 years The Euro crisis is preoccupying politicians all over Europe and the world but whatever the outcome, we should bear in mind that a key achievement of European Integration has been peace and prosperity for the last 65 years. This has been a tremendous accomplishment which, in my opinion, justifies the huge costs of saving or restructuring the workings of the Euro. It is important that economic integration continues, as international trade and investment flows are a pre-requisite for future growth. Even more importantly, prosperity is a crucial foundation for a stable political environment overall. The successful enlargement of the EU to the East after the fall of the Soviet Union not only enabled these countries to start an economic catch up process but also created stable democracies in Eastern Europe for the benefit of all. This summer London is hosting the Olympic and Paralympic Games, bringing together athletes from all corners of the globe. The spirit of the Olympics is one of mutual understanding, peace and respect whilst at the same time promoting healthy competition. This spirit should be applied not only to sports but also to the economy, if we want to master the current challenges. Britain and Germany have long shared similar visions of open, free and fair markets, knowing only true competition will drive future growth and development. Of course, this requires everybody to subscribe to the idea of competition and to the reality that, in order to achieve success, hard work is necessary as a preparation. If this logic is accepted by all, respect and mutual understanding, in other words further support, can be more easily provided. Currently, there is still some work to be done to create this common spirit and, as long as we do not sing from same hymn sheet, the road ahead will be bumpy and dangerous. From a British-German angle, we hope that Britain will step up its political engagement with Europe. Her common sense approach is surely needed to bring together opinions and make everybody face reality so the right decisions for the future can be taken. Dr Ulrich Hoppe Director General, German-British Chamber of Industry & Commerce CONTENTS 4 View from the regions – Josephine Chexal, North East England Regional Committee of the German-British Chamber 6 Chamber & Members' News 7 Chamber Contacts 8 Events Diary 11 Legal Comment 12 Germany invests – survey results 14 BUSINESS TO BUSINESS – German businesses seeking representation 15 Business News & Statistics Cover photo: Siemens Press Picture, © Siemens AG, Munich/Berlin sustaining members 3 4 View from the regions North East England in a global Europe: Ambitions for growth This was the title of a conference held recently in Newcastle upon Tyne which marked the start of a new drive to maximize local business opportunities by stimulating aspirations in the areas of inward investment, export-led business growth and further development of trade opportunities with European countries. Keynote speaker was His Excellency Georg Boomgaarden, Ambassador of the Federal Republic of Germany. He spoke about the importance of the “Mittelstand” (medium sized companies) to the German economy and how the German regional structure provided support to such companies, including through its financial infrastructure. I was able to bring my own contacts and experience as German Honorary Consul and Chair of the North East England Regional Committee to the table. The conference was part of a process of refreshing and revitalizing business networks following the winding up of the region’s regional development agency One NorthEast. One could quote the song “pick yourself up, dust yourself off, start all over again” …but not so! Rather onwards and upwards, because the region is notching up some notable successes through its championing of the low carbon economy and the vehicles sector, part of the regional economic strategy and in particular, the German market and German companies are contributing to these successes. The North East of England has built up formidable capacity for the offshore and subsea sectors, based on deep water ports and riverside sites, located on former shipyard sites. Coupled with Tyneside’s proximity to the Dogger Bank offshore wind programme and the recent designation of an Enterprise Zone on the North Bank of the River Tyne with commitment to upgrade the heavy-lift crane and £80 million of private sector investment agreed this year, the region’s capability to service the new offshore wind turbine building programme cannot be doubted. Many companies based across the region with expertise in the cable laying and trenching sectors are already winning orders, including in Germany, in the offshore wind technology sector. CTC Marine Products of Darlington recently announced a multi-million pound contract for power cables for the Dolwini project in North Germany and the new division of Tekmar Energy of Newton Aycliffe which employs 60 people won a contract worth £4.5 million from German energy company Bard. In a bid to showcase the North East’s expertise in the offshore and subsea sectors in Germany, the Northern Offshore Federation Energi Coast plans to take a mission of North East companies to Hamburg, Bremerhaven and Bremen in late June to meet with companies such as Hochtief, Repower, EON and EnBW before touring the Falck Nutec facility and attending the Windforce 2012 exhibition and conference in Bremen. Josephine Chexal, Chairperson In addition, the Narec centre at Blyth, Northumberland has been designated a National Translational Research Centre for the renewables sector, with a wind turbine blade testing facility and £150 million invested to date. Siemens Energy of Newcastle opened their new Training Centre for apprentices to support their wind turbine facilities and work closely with Tynemet College, North Tyneside, one of only three colleges in England specializing in training in this sector. The 3.5 year apprenticeship courses include components of German language training. A delegation from Berlin-Brandenburg visited the training facility in April to hear at first hand about the developments, as part of a project of exchange of know-how on skills issues within small and medium sized companies in Germany and the region. Back to the title of this article – the North East of England in a Global Europe – yes, we have “Ambitions for Growth” and they are not all hot air! Josephine Chexal, Chairperson German-British Chamber in North East England Chairperson: Josephine V Chexal Main Industries: Energy & Low Carbon Technology, Chemicals, Automotive and Digital Media Size of region: 5.923 sqm (9.6 % of UK total)* Population: 3.1 million (5 % of UK total)* Regional Gross Value Added (GVA): 48.1 £bn (3.2 % of UK total)* Export Trade to EU: 5.5 £bn (4.3 % of UK total)* *Source: Invest in the UK 2010, German-British Chamber 5 heinemann & co Chartered Accountants and Registered Auditors heinemann & co is a modern chartered heinemann & co ist eine moderne accountancy firm based in the South-East Wirtschaftsprüfungs-, Buchhaltungsof England. und Steuerberatungskanzlei im Südosten von England. Our international team of experts Unser internationales Team von Experten specialises in foreign subsidiary ist auf ausländische Unternehmen companies in the United Kingdom. in Grossbritannien spezialisiert. Wir If you would like to We offer a comprehensive range of bieten eine umfangreiche Palette von receive our detailed professional services for businesses of all professionellen Dienstleistungen für 40 page guide on how sizes covering a wide range of industries. Unternehmen unterschiedlichster Grösse to do business in the We support start-ups and established und Industrien an. Wir unterstützen UK, or require further enterprises in the areas of audit, Unternehmen bei der Gründung, sowie information please accountancy, taxation and business etablierte Unternehmen in den Bereichen contact us. consultancy. Our services include Prüfung, Buchführung und Steuer- und specialist audit services for law firms. Unternehmensberatung. Auch spezielle Wenn Sie unseren Our practice uses modern and effective Prüfungsleistungen für Rechtsanwälte 40-seitigen Leitfaden techniques in all its work to offer gehören zu unserem Angebot. Modernste für Unternehmen outstanding value for money to our clients. und effektive Methoden ermöglichen uns, in Grossbritannien einen effizienten und kostengünstigen erhalten möchten oder Volker Heinemann Service in allen Bereichen anzubieten. weitere Informationen +44 (0) 1189 662132 benötigen, setzen Sie [email protected] sich bitte mit uns in Verbindung. Registered to carry out audit work in the UK by the Institute of Chartered in England and Wales Anzeige_UK_180x130:Layout 1 10.05.12 13:59Accountants Seite 1 OUR UNIQUE SERVICES MEET YOUR UNLIMITED IDEAS PRINT PRESS PERFORMANCE The combination of passion, an uncompromising sense of quality and innovative technology at the highest level. Outstanding printed matter that are sure to impress you. Your experienced partner for the production of media. From the bespoke edition to high-circulation issues. Audiovisual products that offer you that something special. Experienced, committed professionals and highly efficient systems. With our creativity, unique expertise and comprehensive support, we can make your individual products happen. We look forward to receiving your enquiry! optimal media GmbH • Glienholzweg 7 17207 Röbel / Müritz • Germany Tel.: + 49 39931 56 500 • Mail: [email protected] Web: www.optimal-media.com 6 CHAMBER & MEMBERS’ NEWS Conference and trade mission on Geothermal Energy — German-British Chamber organised a conference on German-British perspectives On Wednesday 9 May 2012, a conference on geothermal energy was held at One Great George Street in London. Organised by the German-British Chamber of Industry & Commerce and sponsored by the German Federal Ministry of Economics, around 100 experts from the UK and Germany shared experiences and discussed potential developments in the geothermal energy sector in a British-German context. Topics included the current status of the German and British markets, the implications of governmental incentives such as the Renewable Heat Incentive Company meetings after the conference on the success of geothermal energy in the UK, and a market overview on ground source heat pumps. As part of the initiative “Renewables – Made in Germany”, five German companies presented their technologies and know-how in this area. The afternoon was dedicated to networking with all German companies receiving huge interest from the British delegates. Thursday and Friday were reserved for individual meetings for the German companies with potential British partners in order to establish business contacts and foster relations. Continuing this successful project, the German-British Chamber will organise a further event on solar thermal energy in November 2012. Please visit www.germanbritishchamber.co.uk for more details. Lively training session for Deutsche Bahn/Arriva Member company bizz buzz Transcultural Training & Coaching delivered a workshop “Working in Intercultural Teams” which was part of a kick-off training day for teams from Germany’s Deutsche Marina Ibrahim during the workshop Bahn AG and their British subsidiary Arriva. Among other elements, participants were challenged with their respective stereotypes in a lively and thought-provoking way by Marina Ibrahim of bizz buzz. Interactive exercises helped illustrate the different organisational approaches of both companies and the understanding of each other’s cultural diversity. www.bizz-buzz.co.uk Kirin Kalsi awarded Cross of the Order of Merit of the Federal Republic of Germany Kirin Kalsi, who works as a lawyer at E.ON’s head office in Coventry, has been awarded the Cross of the Order of Merit by the German Ambassador for her service as Honorary Consul of the Federal Republic of Germany in the Midlands. Kirin has held the role as German Honorary Consul for 12 years, acting as the focal point for interaction between the two business communities, a point of advice and assistance to local people and businesses with dealings in Germany, and overall helping to promote and develop closer ties. Kirin Kalsi with Tony Cocker, CEO of E.ON UK (far left), Dr Ulrich Hoppe, HE Georg Boomgaarden and Christiane Boomgaarden The English-born lawyer was perfectly suited to her role as Honorary Consul having been raised and educated in Germany and then the UK. Her bi-national skills and in-depth knowledge of international business have helped her to become a key figure in the Midlands business community. Weltweit einzigartig: IHB Travel GmbH eröffnet erstes interaktives Reisebüro Seit dem 1. April 2012 können sich Kunden in Düsseldorf im weltweit ersten interaktiven Reisebüro einen realitätsnahen Eindruck von ihrem nächsten Reiseziel verschaffen. Die IHB Travel GmbH, bisher vor allem auf Business-Reisen spezialisiert, dehnt mit diesem neuen Konzept nun auch auf Privatkunden aus. Unter dem Motto „Reiseplanung zum Anfassen“ können eine Traumschiffkabine, ein Putting Green oder mithilfe einer 270-Grad-Videokabine das nächste Feriendomizil virtuell besucht werden. www.ihb-travel.com Best Service Award for Pearl Linguistics For the second time, Pearl Linguistics Pearl Linguistics, the London-based translation and interpreting agency, have recently won the “Best Service Award – Small Businesses Award/Third Sector“ category in the UK Government Opportunities Awards. This award is seen as the benchmark by which progress in commissioning, procurement and public service delivery in the UK can be measured. Pearl’s success was based on the innovative development of ORBIT™, a free of charge secure translation management service portal. As well as winning the GO Awards this year and in 2008, Pearl is one of the few language service providers to achieve ISO 9001 accreditation. www.pearllinguistics.com CHAMBER contacts Experts in customs and indirect tax litigation join Smith & Williamson VAT experts Simon Sutcliffe and Martin O’Neill have recently joined Smith & Williamson as tax directors specialising in customs and excise duty litigation, proceeds of crime issues and indirect tax advice. The Customs Investigation and Litigation team is uniquely placed to offer specialised, focused expert assistance in civil and criminal proceedings and general procedural indirect tax advice when dealing with HM Revenue & Customs. www.smith.williamson.co.uk/ customs-investigations-and-litigation London Oktoberfest 2012 moves to Kennington Park The famous London Oktoberfest is back. In its first year the event attracted around 10,000 visitors. This year the party moves to Lambeth and will take place in a 2,500-seat tent in Kennington Park from Thursday to Sunday on two consecutive weekends starting 20 September 2012. Guests will experience an authentic Bavarian Oktoberfest atmosphere with original live music from southern Germany, Bavarian food and delicious cold steins of beer. www.london-oktoberfest.co.uk Round-up of Chamber events CHAMBER CONTACTS Honorary Officers / Präsidium und Vorstand Patron / Schirmherr HE Georg Boomgaarden Ambassador of the Federal Republic of Germany President / Präsident Sir Nigel Broomfield, KCMG Vice-Presidents / Vizepräsidenten George W von Mallinckrodt, KBE Schroders plc Barry Stickings, CBE Councillors / Vorstandsmitglieder Chairman / Vorsitzender Alan Wood, CBE Siemens Holdings plc Vice-Chairpersons / Stellv. Vorsitzende Dr Klaus Peter Fouquet Robert Bosch Ltd Patricia Godfrey Nabarro Councillors / Vorstandsmitglieder Robert A Bischof SCCO International Ltd Markus Breitschwerdt Mercedes-Benz UK Ltd Martin Dawkins Bayer plc Jean-Louis Evans TÜV Süd Product Services Ltd On Thursday 8 March 2012 some 25 members of the Chamber’s London and Southeast region were treated to a tour of the Olympic Park in Stratford and given an insight into the depth and planning of the project. Member company London and Partners sponsored this excursion and informed visitors of the regeneration plans and available investment opportunities in the area after the games. Dr Stefan Georg Delta Economics The Scotland region hosted their annual reception on Monday 12 March 2012 in Edinburgh. The event at the Edinburgh International Conference Centre attracted over 60 people including Chamber members and invited guests from a cross section of Scottish business, manufacturing and the arts with special guest representatives of the German Parliament also attending. Keynote speaker was Ben Thomson, Chairman of Reform Scotland who is considered to be one of Scotland’s leading investment bankers. Franz W Smet ACI Group Ltd On Wednesday 14 March 2012 the Midlands region hosted a Spring Reception at Metro Bar & Grill in Birmingham. Some 60 members and guests came together to network and to find out about business opportunities and developments in the region. Guests at the Chamber's Scotland region annual reception Dr Ulrich Hoppe German-British Chamber of Industry & Commerce Chris J Maidment PricewaterhouseCoopers LLP Marc Starzmann Commerzbank AG, London Holger Wessling DZ Bank AG, London Nigel R Wood The Wilkes Partnership Company Secretary Chris Putt Speechly Bircham LLP Honorary Auditors PKF (UK) LLP Management / Geschäftsführung Dr Ulrich Hoppe Director General / Hauptgeschäftsführer Tel: +44 (0)20 7976 4110 Thesy Lobitzer PA to Director General / Assistentin des Hauptgeschäftsführers Tel: +44 (0)20 7976 4112 Finance & Organisation Sabine Marland Manager Finance & Organisation / Finanzen und Organisation Tel: +44 (0)20 7976 4120 Karolin Witter Finance & Organisation / Finanzen und Organisation Tel: +44 (0)20 7976 4187 Marketing Services Ian Wivell Deputy Director General / stellv. Hauptgeschäftsführer Head of Marketing Services / Leiter Marketing Services Tel: +44 (0)20 7976 4150 Sven Riemann Manager Marketing Services Tel: +44 (0)20 7976 4185 Marguerite McCaughan Marketing Services Tel: +44 (0)20 7976 4183 Jana Lindner Press & Public Relations / Presse- & Öffentlichkeitsarbeit Tel: +44 (0)20 7976 4188 Members’ Services Evelyn Mensah Manager Membership & Events / Mitgliedschaft & Veranstaltungen Tel: +44 (0)20 7976 4145 Katja Ludwigs Membership & Events / Mitgliedschaft & Veranstaltungen Tel: +44 (0)20 7976 4146 Legal & Tax Services / Rechtsund Steuerabteilung Angelika Baumgarte Deputy Director General / stellv. Hauptgeschäftsführerin Head of Legal & Tax / Leiterin der Rechts- und Steuerabteilung Tel: +44 (0)20 7976 4140 Ann-Catrin Theisen Legal Services / Rechtsabteilung Tel: +44 (0)20 7976 4141 Alexander Altmann Head of Tax Services / Steuerabteilung Tel: +44 (0)20 7976 4166 Anja Reeves Manager Tax Services / Steuerabteilung Tel: +44 (0)20 7976 4161 Katrin Voran Manager Tax Services / Steuerabteilung Tel: +44 (0)20 7976 4154 Michaela Böttcher Verena Gronewold Kay Köhnkow Gunnar Pohl Tax Services / Steuerabteilung Tel: +44 (0)20 7976 4160 For details of the Chamber’s regional committees please email [email protected] 7 XXXXX diary 8 events SPRING RECEPTION 2012 On 29 March 2012, the Members' Spring Reception was held at the German-British Chamber. Over 130 members and guests gathered to discuss with business partners and associates both the challenges of the year so far and the opportunities for the future and to enjoy a variety of German beers. A selection of German wines was sponsored by German Wine Agencies and original Currywurst was served, sponsored by member company Herman ze German. Florian Frey of Herman ze German Azadeh Falakshahi of Herman ze German Claudia Pech of German Wine Agencies Mr Tobias Verlende and Dr Julia Petersen of Luther Rechtsanwaltsgesellschaft mbH, Mr Stephen Llewellyn of Faegre Baker Daniels LLP and Mr Hans Haenlein of Hans Haenlein Architects events XXXXX diary Mr Stefan Oloffs of German Language Coach, Mr Christian Bergner and Mr Tarun Mahandru of Pearl Linguistics Ltd Ms Christine Vial of French Selection UK Ltd, Mr Peter Friend of Hülsta Furniture (UK) Ltd and Ms Lucie Janson of French Selection UK Ltd Mr Michael Grünert of mgc (gb) ltd, Ms Anne Bergerbusch of Hülsta Furniture (UK) Ltd and Mr Felix Köhler of Flexpress Verwaltungs GmbH Ms Natasha Hayiannis of Language Recruitment Services Ltd, Mr Volker Heinemann of Heinemann & Co Chartered Accountants and Ms Cristina Bartra of Language Recruitment Services Ltd 9 XXXXX diary / Events Calendar 10 EVENTS EVENTS CALENDAR Thursday, 12 July 2012 M&A Evolution – Discussion on Eurozone issues A Members’s Breakfast Briefing with Hogan Lovells International LLP Venue: Hogan Lovells International LLP, Atlantic House, 50 Holborn Viaduct, London EC1A 2FG Time: 8.00am – 10.00am Cost: Complimentary – For members and their guests only Further information and registration: www.germanbritishchamber.co.uk Thursday, 13 September 2012 Ms Anna Schak of the European College of Business and Management and James Loughridge of Fidelio Partners IHK-Außenwirtschaftstag NRW Venue: Westfalenhallen Dortmund, Rheinlanddamm 200, 44139 Dortmund Time: 9:30 Uhr – 17:00 Uhr Further information and registration: www.ihk-aussenwirtschaftstag-nrw.de/anmeldung/ Thursday 27 September 2012 Members’ Autumn Reception Venue: German-British Chamber of Industry & Commerce, 16 Buckingham Gate, London SW1E 6LB Time: 6.00 pm – 8.30 pm Cost: Complimentary – For members and their guests only Further information and registration: www.germanbritishchamber.co.uk Tuesday, 23 October 2012 Kleinwindkraft im Vereinigten Königreich – eine Informationsveranstaltung im Rahmen der Exportinitiative Erneuerbare Energien Venue: Industrie- und Handelskammer Hannover, Schiffgraben 49, 30175 Hannover Time: 9:00 Uhr – 17:00 Uhr Further information and registration: www.germanbritishchamber.co.uk Thursday, 8 November 2012 Exporttag Bayern Venue: IHK-Akademie München, Orleansstraße 10-12, 81669 München Time: 9:00 Uhr – 17:00 Uhr Further information and registration: www.aussenwirtschaftstag-bayern.de Mr Dirk Winkhaus of Winkhaus and Mr Peter Lynagh of Lynagh Associates Ltd Please see our website for registrations and updates on events: www.germanbritishchamber.co.uk legal comment Advertise in initiative Initiative magazine is the perfect vehicle to reach decision makers connected to the German-British Chamber both here in the UK and in Germany. Britische Umsatzsteuer: Herausforderung für die Bauwirtschaft Nicht erst durch die Mitwirkung beim Bau von Spielstätten für die Olympischen Sommerspiele in London genießt die deutsche Bauwirtschaft im Vereinigten Königreich einen ausgezeichneten Ruf. Ob im Gebäudebau oder bei größeren Infrastrukturprojekten wie dem Bau des Flughafen-Terminals 5 in London-Heathrow – die Qualitätsarbeit deutscher As well as reaching clients and partners of the Chamber, the magazine is read by key people in government departments, associations and other companies within the German-British business community. Bauunternehmen wird geschätzt. Published three times a year with a targeted circulation of 1,500 you can be sure that your advert will be highly visible as we restrict advertising space. You can buy half, quarter and whole pages… or for maximum exposure, exclusive sponsorship of one issue (members only), which includes two one-page adverts and a one-page article (page 11) plus a suitable ‘company picture’ (1/2 page) on the front cover. To discuss your advertising needs in detail, please contact: Jana Lindner German-British Chamber of Industry & Commerce 16 Buckingham Gate London SW1E 6LB Tel: +44 (0)20 7976 4188 Fax: +44 (0)20 7976 4101 Email: [email protected] Nach Erhalt eines Bauauftrags beginnen in der Regel intensive Planungsarbeiten. Neben den sprachlichen und kulturellen Unterschieden müssen bei Tätigkeiten im Ausland auch die steuerrechtlichen Besonderheiten beachtet werden. Eine Bautätigkeit, die einen Zeitraum von zwölf Monaten nicht überschreitet, gilt nach dem Doppelbesteuerungsabkommen zwischen Deutschland und dem Vereinigten Königreich nicht als steuerliche Betriebsstätte. Dies hat den Vorteil, dass die Gewinnbesteuerung zur Körperschaft- oder Einkommensteuer für die im Vereinigten Königreich ausgeübte Bautätigkeit in Deutschland verbleibt. Allerdings kann eine Bau- oder Montagetätigkeit unter den Geltungsbereich der britischen Umsatzsteuer (VAT) und Bauabzugsteuer (CIS) fallen, was eine Anzeigepflicht bei den britischen Finanzbehörden nach sich ziehen kann. Trotz der schrittweisen Harmonisierung des europäischen Umsatzsteuerrechts gibt es zum Teil erhebliche Unterschiede in der Regelauslegung zwischen den EU-Mitgliedstaaten. Eine für Bauunternehmen wichtige Vorschrift im Umsatzsteuerrecht ist die Regelung der Steuerschuldnerschaft, die u.a. die Anwendung des Reverse-Charge-Verfahrens vorgibt. initiative is the official membership magazine of the German-British Chamber and is published three times a year. Publisher: German-British Chamber of Industry & Commerce 16 Buckingham Gate, London SW1E 6LB Tel: +44 (0)20 7976 4100 Fax: +44 (0)20 7976 4101 Email: [email protected] Web: www.ahk-london.co.uk 11 Editorial & Advertising Jana Lindner Tel: +44 (0)20 7976 4188 Email: [email protected] The reproduction in whole or in part of any material published in initiative requires the prior written consent of the publisher. The publisher cannot accept any liability for the accuracy or the completeness of any material published in initiative. Opinions expressed in initiative do not necessarily reflect the views of the German-British Chamber. The German-British Chamber of Industry & Commerce is supported by the Federal Ministry of Economics and Technology in accordance with a Resolution of the German Parliament. Wer schuldet die Umsatzsteuer? Das britische Umsatzsteuerrecht sieht die Anwendung des Reverse-ChargeVerfahrens, bei dem die Umsatzsteuer nicht vom leistenden Unternehmer, sondern vom Leistungsempfänger geschuldet wird, nicht für alle Bauleistungen vor. Ähnlich wie im deutschen Umsatzsteuerrecht wird auch im Vereinigten Königreich bei der Ausführung von Bauleistungen zwischen Werkleistungen, bei denen die Montageleistung im Vordergrund steht, und Werklieferungen, bei denen die Lieferung von zu verbauendem Material im Vordergrund steht, unterschieden. Bei Werklieferungen, die z.B. die Lieferung und Installation einer Anlage oder Maschine vorsehen, findet das Reverse-Charge-Verfahren grundsätzlich keine Anwendung. Die Umsatzsteuerschuld lässt sich jedoch in bestimmten Fällen auf Antrag mit Hilfe der „Simplified Procedure“ auf den Empfänger der Werklieferung übertragen. Für Werklieferungen, die im Zusammenhang mit der Errichtung oder Erhaltung eines Gebäudes stehen (z.B. die Lieferung und Montage von Fenstern), und für Werkleistungen, die an Gebäudeteilen ausgeführt werden (z.B. die Reparatur einer Heizungsanlage), findet das Reverse-ChargeVerfahren hingegen nur Anwendung, wenn der Leistungsempfänger ein im Vereinigten Königreich ansässiges Unternehmen ist und über eine britische Umsatzsteuernummer verfügt. Es ist daher unerlässlich, bereits in der Planungsphase eines Bauvorhabens zum einen die eigenen Leistungen umsatzsteuerlich korrekt einzustufen, zum anderen den Status des Auftraggebers zu prüfen. In Fällen, bei denen die Umsatzsteuer nicht auf den Auftraggeber zu übertragen ist, sollte rechtzeitig eine umsatzsteuerliche Registrierung bei den britischen Finanzbehörden vorgenommen werden, andernfalls können empfindliche Verspätungszuschläge und Strafzinsen verhängt werden. Alexander Altmann, Head of Tax Services 12 GERMANY INVESTs Germany Invests Trends and Views on Direct Investment by German Companies in the United Kingdom The German-British Chamber of Industry & Commerce promotes trade and investment between the United Kingdom and Germany. As part of this function, a comprehensive survey about the trends and views of German subsidiaries in the United Kingdom is carried out on a regular basis. The most recent survey was conducted in 2012. The survey highlights the current trends in direct investment by German companies in the UK and investigates factors such as turnover, employment and market focus as well as trends on future developments. In this issue and the next, we will be publishing the results and findings. I. German subsidiaries in the UK – sectors and activities I.1 Sectoral distribution of German subsidiaries Mechanical / electrical engineering, automotive and other manufacturing still counts for nearly half of all German investment in the UK. Compared to 2009, all other industries’ shares have remained broadly stable. 25 I.3 Impact of the current economic downturn The effects of the economic development since 2009 are still felt by the German subsidiaries in the UK. However, only 4% state that their operations have been severely affected whilst over a third of respondents stated that they have not been affected at all. Very severely affected 4% Positively affected 3% Not at all affected 35% 23% 20 15% 10% 3% 3% 1% Other manufacturing Tourism Construction Industry Energy and utilities Business services Wholesale/Logistics 1% Retailing Pharmaceuticals 2% IT and telecommunications equipment Automotive Chemicals and chemical engineering Mechanical and electrical engineering 0 3% Severely affected 58% 9% 8% 7% 6% 5 9% Other 10 Financial services 15 I.2 Main activity of German subsidiaries in the UK Compared to our last survey, the main activities have remained invariable. A slight shift from services back to sales and distribution and also manufacturing was noticed. II. Sales by German subsidiaries II.1 Total sales by German subsidiaries in the UK Most companies believe that their sales will grow again within the next three years. Sales by subsidiaries total approximately £232 bn p.a. and are four times higher than German exports to the UK which total circa £56.5 bn. This suggests that a large amount of local content is sourced or substantial local value added is produced by German subsidiaries £240 bn £232 bn Sales/ distribution 58% Services 22% R&D 2% Manufacturing 18% 2011 2014 GERMANY INVESTS II.2 Breakdown of German subsidiaries by sales turnover II.4 Main markets of German subsidiaries in the UK Reflecting the company structure in Germany, most of the subsidiaries in the UK are small and medium sized enterprises. 75% of the operations have a turnover of less than £50 million. Compared to our last survey, the larger medium-sized companies seem to have expanded their operations. This is mirrored in a percentage increase in the turnover band between £20m and £250m. The UK market is the main focus of German subsidiaries (more than one answer was possible). Also, the United Kingdom seems to still be a base for some German companies to serve their customers in other markets around the world, especially in Europe. 40 80 35 60 30 50 Main market Secondary market 40 25 21% 20 11% 20 11% 10 4% 5 Up to 5m More than More than £5m and up £10m and to £10m up to £20m 34% 30 14% 10 0 73% 70 39% 15 13 More than £20m and up to £50m More than £50m and up to £250m 9% 4% 6% 16% 11% 7% 1% 5% 0 UK Germany Other Western Europe Central & Eastern Europe Rest of the World More than £250m II.3 Unique selling proposition of German companies in the UK III. Total Employment created by German subsidiaries in the UK Compared to our last survey, German companies focus even more on quality (56%). Service (21%) and location (2%) have become less important for the subsidiaries. Only 7% focus on price. 310,000 290,000 Quality 75% Service 17% Location 1% Price 7% 2011 2014 Over the next three years, companies intend to expand their workforce again in the region of 10%. German-British Chamber launches new ‘Subsidiaries’ database The German-British Chamber has recently launched a new edition of its popular database ‘German Subsidiaries in the UK & British subsidiaries in Germany’. Containing in excess of 1,400 subsidiaries in the UK with their German parent companies and more than 900 subsidiaries in Germany with their UK parents, this database is both unique and comprehensive. In total, this new version contains over 4,000 company addresses. The database includes limited (ltd) and public limited (plc) companies as well as partnerships, branches and joint ventures. Where available, the subsidiaries feature the following information: name, address, telephone and fax number, e-mail, website, contact persons, number of employees, turnover, year of foundation, type of company and industrial sector or product/service area. The database is available on a readily accessible CD-ROM, which allows the running of specific queries and searches. This feature also makes it easy to use the database for individual purposes, such as mailings. For more information and to request an order form, please contact Jana Lindner, Tel: +44 (0)20 7976 4188 or email [email protected]. 14 BUSINESS TO BUSINESS initiative provides a regular listing of companies in both the UK and Germany who are seeking B2B partners and representatives Business Partners from Germany / Geschäftspartner aus Deutschland Jewellery Boxes & Display Stands Sanitaryware Accessories We are looking for a sales agent (commission basis) in the area of Great Britain and Ireland. Our customers are retailers in the jewellery and watch industries. We manufacture boxes, cases and displays with plants located in Germany and China. The ideal candidate is a sales agent for jewellery or watches, who is looking for an additional business and who will visit jewellery and watch retailers. For further information please contact Mr Guido Strobel, E. Wilhelm GmbH, Fabrikstrasse 25, 77966 Kappel-Grafenhausen, Germany; Tel: +49782 27690; Fax: +49782 2769550; Email: [email protected]; Web: www.wilhelm-etuis.com We are a successful, owner-managed company headquartered in Menden, Germany. Our main focus lies on development production and distribution of premium taps, cosmetic and illuminated mirrors and bath accessories for the sanitary market. Therefore we’re looking for an independent sales agent in the UK. Your main tasks: acquisition of new customers; networking with existing customers; contact for property developers, architects, planners and consultants; customer-/ sales meetings; product presentations. For further information, please contact: Ms Carolin Schulte, SAM Schulte Vertriebs GmbH, Horlecke 102, 58706 Menden, Germany; Tel:+49 02373 909000; Fax: +49 02373 9090108; Email: [email protected] ; Web: www.sam.de Perfect Milling, Turning & Drilling For more than 125 years the name Monforts is synonymous for machine tools on the highest standard of performance. The tradition of the company, founded in 1884 secures a high degree of continuity, flexibility, innovation and new impulses. A. Monforts Werkzeugmaschinen GmbH & Co. KG manufactures an extensive range of CNC-controlled turning-lathes – flexible turning centers and twinspindle-lathes, all with a ten year warranty for the wear-free hydrostatic Z-guide. For further information, please contact: Mr Wolfgang Müller, A. Montforts Werkzeugmaschinen GmbH & Co. KG, Schwalmstraße 301, 41238 Mönchengladbach, Germany. Tel: +49 2161 9461 448; Fax: +49 2161 9461 490; Email: [email protected]; Web: www.monforts-wzm-de www.monforts-wzm.com Neutralisation of Condensates Market leader of neutralisers for condensing boilers/ customers like Viessmann, Vaillant, Buderus, is searching for agents in the heating industry to distribute our products in Great Britain. Requirements: favourable references in distribution of condensing boilers, heating equipment, water treatment or condensate pumps. We offer high margins with innovative products, easy handling and excellent function to avoid damage from corrosion within the canalisation. For further information, please contact: Ms Stefanie Wanner, Mommertz GmbH, Daimlerstr. 8, 89312 Guenzburg, Germany. Tel. +49/ 8221/ 82 38, Fax: +49/ 8221/ 38 616, email : [email protected], Web : www.neutrakon.de Business News / Statistics Business News statistics Britische Regierung forciert Schulbauinvestitionsprogramm London (gtai) - Der Schulgebäudebestand im Vereinigten Königreich gilt als wenig energieeffizient und sanierungsbedürftig. Zudem steigt infolge geburtenstarker Jahrgänge in vielen Regionen die Nachfrage nach Schulplätzen. Aus diesem Grund investiert das britische Bildungsministerium allein im Haushaltsjahr 2012/13 rund 2,2 Mrd. £ in den Neubau und die Modernisierung von Schulen. Auch die schottische Regionalregierung will bis 2018 mindestens 60 Schulbauprojekte umsetzen. +++ British exports 2011 Top countries +++ Weitere Artikel und Branchen-Trends unter www.gtai.de +++ 10.9% Germany 7.9% Netherlands 7.4% France 6.0% Irish Republic 5.5% Belgium & Luxemburg Britische Regierung sorgt mit Energiemarktreform für Verunsicherung London (gtai) - Der Umbau des Energiemarktes im Vereinigten Königreich nimmt langsam Formen an. Der langerwartete Gesetzentwurf sieht dabei neue Einspeisevergütungen nicht nur für erneuerbare Energien, sondern auch für Atomstrom vor. Energieversorger kritisieren die fehlenden Details. Bereits im Februar 2012 hatten General Electric und Vestas angekündigt, ihre Pläne zum Bau von Windturbinenwerken auf der Insel vorerst "on hold" zu setzen. Die Kosten für neue Atomkraftwerke scheinen derweil zu explodieren. 13.3% USA 0 2 4 6 8 10 12 14 British imports 2011 Top countries 12.7% Germany 9.8% China USA 7.2% Netherlands 7.1% Norway 6.3% 5.8% France 0 2 4 6 8 10 12 14 Life costs less in Germany than next door Consumers in Germany get more for their euros than those in many of their neighbouring countries, apart from the Czech Republic and Poland. Germany’s neighbours to the south, north and west have higher cost of living expenses with Denmark topping the list with prices 42.2 percent above the EU average. In comparison, prices in Germany were lower than in other neighbouring countries, such as France (10.7%) and Austria (6.7%). Still, the price level in Germany was 3.4 percent higher than the average for the 27 EU member countries. (TheLocal.de) +++ BMW expands green venture with Toyota Germany’s BMW is expanding a tie-up with Toyota Motor on hybrid and fuel-cell vehicle technology as the global automakers push further into the “green” market. It marks the first time that Japan’s top car manufacturer will supply its fuel-cell technology, which relies on hydrogen to supply a vehicle’s battery, to a rival. BMW meanwhile will provide its expertise on light car bodies made from carbon fibre to Toyota. Under an earlier deal announced last year, the German automaker also agreed to provide diesel engines for Toyota as the Japanese firm looks to boost sales in Europe. (TheLocal.de) +++ More Business News from Germany: TheLocal.de This section is provided in co-operation with Germany Trade & Invest and TheLocal.de. German exports 2011 Top countries 9.6% France 7.0% USA 6.7% China (inc. Hong Kong) Netherlands 6.5% UK 6.2% 5.9% Italy 0 2 4 6 8 10 German imports 2011 Top countries Netherlands 9.1% China (inc. Hong Kong) 9.0% 7.4% France Italy 5.4% USA 5.4% 5.0% UK 0 2 4 6 8 10 15 r u o y e t s a w … e t Don’t s a w n o time Looking for advice and assistance with your environmental compliance in Germany? The German-British Chamber can help British exporters with: packaging waste compliance certificate of completeness audits (VE) the deposit scheme for drink containers waste electrical and electronic equipment (WEEE) compliance battery compliance • • • • • We work with many schemes and systems to ensure our clients have the most suitable and cost-efficient contracts in place that fit with their needs and obligations. So don’t waste your time, come to the experts for a complete service. Visit www.germanbritishchamber.co.uk for more information or contact Ian Wivell – [email protected] / tel: 020 7976 4150.