Costly German Regulations: Top Ten Expensive Laws Unveiled
In a survey conducted by the Association of Family Entrepreneurs in June, it was revealed that excessive regulations are a significant deterrent to business investment in Germany. The survey, which polled primarily family entrepreneurs, found that 77% of respondents believed the federal government should primarily curb the flood of regulations to encourage companies to invest more in the country.
The survey results suggest that bureaucracy consistently tops the list of disadvantages of Germany as a business location, even ahead of high taxes, labor, and energy costs. The excessive regulations are perceived as a significant obstacle to efficient business operations, with JavaScript being required for important functions on NZZ.ch, a prominent news site, being one example. Users are advised to adjust their settings to allow JavaScript on NZZ.ch for optimal functionality.
The survey findings indicate a desire from companies for less regulation as a means to stimulate investment in Germany. The federal government is perceived by respondents as needing to address the excessive regulations in order to encourage companies to invest more in the country. The survey suggests that reducing regulations could potentially increase business investment in Germany.
The NZZ's Bureaucracy Check further highlights the specific regulations in Germany considered most burdensome for businesses. The report emphasises the heavy regulatory environment, particularly those impacting administrative procedures and public contract awards. The most burdensome regulatory areas include high levels of general regulation limiting business flexibility and efficiency and stringent administrative regulations for public procurement processes, especially in the defense sector.
These regulatory burdens collectively contribute to the perception of excessive bureaucracy that hampers business activities in Germany. The "too much regulation" theme is a broad consensus among business leaders and economists documented in various reports and position papers.
If you want more precise details from the NZZ Bureaucracy Check, you would likely need access to the original NZZ reports or summaries explicitly reporting on that study. Nonetheless, the overall emphasis is on the heavy regulatory environment and specific complexities in public contract awarding.
- Businesses could potentially increase their investment in Germany if the excessive regulations are reduced, as suggested by the survey results and the NZZ Bureaucracy Check.
- To stimulate more business investment in Germany, the federal government should consider simplifying administrative procedures and public contract awards, focusing on areas such as general regulation, business flexibility, and efficiency, as recommended by both the survey and the NZZ Bureaucracy Check.
