ZEDRA, a leading provider of corporate & global expansion services, is proud to announce the formation of a specialised taskforce dedicated to supporting the increasing number of companies from the DACH region (Germany, Austria, and Switzerland) as they expand into new international markets.

This strategic initiative aims to provide comprehensive support to businesses navigating the complexities of international growth, ensuring seamless transitions and sustained success in new territories.

As global markets become increasingly interconnected, companies from the DACH region are capitalising on opportunities for growth beyond their borders.

The US remains a key market for international growth, with local business accounting for more than 20% of global sales and profits for about a third of German companies. Despite the added complexities since Brexit, Germany still ranks as No. 4 in terms of FDI projects into the UK, and No, 2 after the US in terms of jobs created according to the Department for Business and Trade (DBT).

Recent reports highlight a growing confidence amongst companies in the DACH region according to J.P. Morgan’s fourth annual Germany Business Leaders Outlook Survey, with 78% of respondents expecting to see increases in revenue in the year ahead, up 9% from 2023.

In addition, 39% of respondents to the survey indicated that expanding into new international markets would be key to generating growth and staying competitive in 2024.

Likewise in neighbouring Switzerland, Deloitte’s H1 2024 Swiss CFO Survey showed that most respondents were optimistic about their company’s prospects over the next 12 months, rating the outlook as more positive than in H2 2023.

The newly established DACH Taskforce at ZEDRA comprises global expansion experts drawing on expertise across multiple key markets, who are equipped with a depth of industry knowledge in corporate administration, compliance, and strategic advisory.

This team offer tailored solutions to address the unique challenges faced by DACH companies, including entity management, payroll, HR, accounting and regulatory compliance.

ZEDRA’s DACH Global Expansion Taskforce services include:

  • Market Entry Strategy: Comprehensive analysis and strategic planning for entering new markets.
  • Regulatory Compliance: Ensuring adherence to local regulations and standards.
  • Corporate Governance: Streamlined administrative support to maintain robust corporate governance frameworks.
  • Operational Support: Assistance with day-to-day operations, including HR, payroll management, accounting and financial reporting.

Vadim Neumann, head of commercial - global expansion Germany, said: “Our dedicated DACH Taskforce underscores ZEDRA’s commitment to empowering DACH businesses to thrive on the global stage. We understand the complexities of international expansion and are dedicated to providing the highest level of support to ensure our clients' success. With our expert guidance, companies can focus on their core operations while we handle the intricacies of market entry and ongoing corporate administration.”