Companies and investors from the USA and Canada have a long tradition of doing business in Europe. Germany is an important focal point and a bridgehead to Europe. For the North American companies and investors operating here, as well as their European and German business partners, cooperation always presents a variety of challenges. Therefore, a local partner in a strong European and American network of service providers, who also knows the challenges on the German market and in German-American business cooperations, is important for a successful cooperation.
PKF Fasselt helps foreign companies and investors to be successful in Germany. Our particular expertise lies in advising North American companies that want to invest in Germany or have already invested or are developing or managing their activities in Europe from here. On the other hand, we support German companies that cooperate with North American companies and investors - be it in Germany, the USA, Canada, Europe or anywhere else in the world. We can offer all parties a comprehensive range of services from a single source.
Our personnel managers, IT specialists, economic auditors, tax consultants, lawyers and management consultants are at your side at all times, from the initial contact with potential investment partners, through transaction processes to the successful development of business activities.
Recap of the Second Annual German-US Summit
The second annual US-German Summit, hosted by PKF Hamburg, was held from 18-20 August 2019. Approximately 40 PKF members and guests attended, representing firms from Germany, the United States, Poland and Switzerland. The primary focus of the Summit was to promote German-US collaboration and identify necessary action steps to strengthen the German-US PKF relationship. The event kicked off on Sunday with a welcome reception at the PKF Hamburg office. Sightseeing opportunities following the reception included a visit to the Elbphilharmonie Plaza, a walk through the Alter Elbtunnel and a cruise through the Harbor on the historic state barge, Schaarhörn.
On Monday morning, PKF members presented updates on various German-US collaboration initiatives. The focus of presentations during the afternoon session was to grow PKF’s Star Network. In the evening, PKF had the honor of hosting keynote speaker Prof. Dr. Andreas Dombret, former member of the Executive Board of the German Federal Bank and Member of the Board at Atlantik-Brücke e.V., who discussed his perspectives of US-German relations in light of the changes in the technological and social environment. Following the keynote was a panel discussion including Prof. Dr. Dombret, Lars Heymann (PKF Fasselt), Thorsten Preisegger (PKF Fasselt) and Dave Nissen (PKF Mueller). In addition to the PKF members in attendance, several guests and invitees from Hamburg’s economy listened in on the keynote and participated in the Q&A sessions during the panel. The evening concluded with a flying dinner, which provided networking opportunities for all in attendance.
On Tuesday, PKF member presentations and breakout sessions continued and members came to a consensus on the actions steps. Before the event concluded, it was announced that PKF O’Connor Davies, LLP will host next year’s US-German Summit in New York.
PKF will shape your market entry
The US market is still one of the most interesting markets and offers companies various opportunities for growth and success. If you want to expand your business into the USA, we will be happy to assist you and enable a professional and efficient market entry into the USA.
US-German Summit Chicago 2018
PKF partners and business partners held their annual US-German Summit in August 2018. The 2-day summit focused on the specific consulting needs of German companies entering the US market. PKF Partners support companies with their diverse services and networking opportunities in the business community at the chosen investment location. The highlight was the report by Faber-Castell Cosmetics, a German company with more than 250 years of history, on the successful establishment of a production site in Elgin, IL, USA.
US PKF Partner on Tour in Europe
Partners of our PKF network from Atlanta, New York and Chicago regularly give lectures in German and English on tax, economic and legal topics for European companies entering the US market. Mike Withacre of PKF Frazier Deeter from Atlanta organises an annual roadshow on this topic in cooperation with a large number of IHKs in Germany. Partners from Chicago (David Nissen/Amy Chamoun from PKF Mueller) and New York (Ralf Ruedenberg/Head of German Desk at PKF O'Connor Davies) regularly participate in such information events and also attach importance to regular personal visits by their German clients.
German speaking German Desk at PKF O'Connor Davies in New York
PKF O'Connor Davies, LLP announced in November 2018 that Ralf Ruedenburg will act as Principal and Practice Leader of the new German Desk specializing in audit, tax and advisory services, merger and acquisition advice and tax structuring for U.S., German, Austrian and Swiss clients.
This growth is part of PKF O’Connor Davies’ ongoing strategic expansion initiative to solidify world-class services for international markets and answer the call from our clients to extend the Firm’s practice areas. The German desk will provide clients with international insights, technical expertise and a deep cultural understanding of German business needs and priorities.