how to invest in Frankfurt stock exchange?

Question

If I were to invest in Frankfurt stock exchange, what are the procedures? Shall i have to open an account with the exchange?

How is the tax for investing in Germany (capital gain tax, dividend, any other tax)?

Answer 1

You need an account with a broker that offers trading on the Frankfurt stock exchange. As Germany is one of the three large financial centres in Europe most national brokers should be able to buy and sell German shares for you. You don't need to open an account with the Frankfurt exchange, the broker should already have one.

Germany has taxation treaties with most major countries in the world, including the US. Therefore you shouldn't have to worry about things like German capital gains tax, providing your broker registers you as a foreign investor. You may find the dividend is taxed before you receive it and you are unable to claim back but the German authorities will let you keep most of your gains.

Please bear in mind that if you buy German stocks you will be investing in Euros. Any movement in the Dollar/Euro exchange rate before you sell will affect your profits.

Answer 2

Frankfurt is a dynamic and international financial and business good city most abundant in imposing skyline in Germany and is one of many areas that you need to see, at least one time and that place hotelbye may help you. Frankfurt is really a town in the heart of Germany and Europe and is just a city that will offer several facets and different variety. In one's heart of Frankfurt's Old Town you may find a location effectively worthy, the Römerberg.The Römerberg is an irregularly shaped square with the Justice Fountain at their center. Not merely can it be Frankfurt's most picturesque community square, oahu is the city's busiest pedestrian region, home to varied tourist attractions from their many Kulturschirn (a kind of open-fronted store when common throughout the old town) to the Römer, a sophisticated of 11 attractive previous structures from the 15th to 18th generations including the Old Town Hall with its Imperial Hall, after the world of splendid banquets. Different significant buildings are the New Town Hall, the 14th-century Gothic Church of St. Leonhard, and St. Nicholas Church, notable for the carillon.

Answer 3

Open an account with a broking provider that supplies this provider (all the main ones do). yet why do you desire to? you will possibly lose funds on the foreign places funds conversion to USD once you acquire and lose on the conversion back to GBP once you bought. in case you haven't any longer have been given plenty funds, you are able to desire to be able to locate adequate opportunities in the united kingdom. to boot, many foreign places businesses are listed on the London substitute.

Answer 4

Call Deutsche Börse in Chicago at [phone]

You don't have to pay any taxes to the German Government.

NOTE: I asume you are not German.