Germany Country Resources
About Germany
Germany, in the heart of Europe, is a global leader in politics, economics, and culture. It boasts a diverse economy in automotive, engineering, pharmaceuticals, and renewable energy. Known for its innovation and education, Germany shapes global trends and is crucial in international trade and technological advancement.
Germany: Country Resources
Currency:
Euro (EUR)
Capital:
Berlin
Language:
German
Ease of doing Business
Very Easy
Population
83.8M
VAT
19%
Go Global in Germany
Our multinational clients trust us to take care of international payments and compliance for employees, contractors and freelancers working in Germany.
You can use our Employer of Record (EoR) service to employ your team via our legal entity – onboarding your Top Talent quickly and with ease.
FAQ's
Public holidays in Germany vary by state, ranging from 10 to 13 days per year. These holidays are paid and are in addition to the statutory minimum paid vacation
Compensation details, including base salary, allowances, bonuses, special payments, and overtime, must be outlined in the employment contract. Employees are also entitled to sick pay, which is equal to their usual remuneration without overtime for up to six weeks, followed by reduced pay from health insurance for up to 72 weeks if the illness continues
Employees in Germany are entitled to several types of leave, including:
- Annual leave: Minimum of 20 working days per year for a five-day working week.
- Maternity leave: Six weeks before and eight weeks after childbirth, extended in certain cases.
- Parental leave: Up to three years, with possible extensions under certain conditions.
- Nursing care leave: Up to six months unpaid leave for caring for a close relative.
Employers in businesses with more than 10 employees can terminate employment only for valid reasons related to the employee’s personal circumstances, conduct, or urgent operational requirements. Notice periods vary based on the length of service, starting at four weeks and increasing with tenure. Immediate termination is possible for severe misconduct
Employees are mandatorily insured in the social security system, which includes pension, health, nursing care, unemployment, and occupational accident insurance. Contributions are typically shared between the employer and the employee