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3,911 Employees

  • Third-party revenues


  • Related-party revenues


  • Total revenues


  • Profit before tax


  • Tax paid


  • Tax accrued


  • Tangible assets


  • Stated capital


  • Accumulated earnings


Main Business Activities

  • Downstream
  • Manufacturing
  • Chemicals
  • Trading and Supply
  • New Energies [A]
  • Upstream and Integrated Gas
  • Other support activities

Shell has been present in Germany since 1902. We operate an extensive retail network; refine and supply transport and heating fuels, aviation fuels, petrochemicals and bitumen; and supply lubricants, power and natural gas. The business is grouped together as Deutsche Shell Holding GmbH. Research and development are also undertaken by the Shell Technology Centre in Hamburg.

Country Financial Analysis

Shell companies in Germany are subject to a corporate income tax rate of 32%. In the period 2009-2016, Shell made no profits in Germany, resulting in a loss carry-forward position which has been used to partly offset taxable profits in 2017-2018. Shell also made a loss in 2019 and 2020. This was due to a number of reasons, including a surplus of fuel supply in Europe and a significant drop in demand and prices as a result of the COVID-19 pandemic. German tax law allows Shell to offset 60% of its yearly tax profits with a loss carry-forward and to pay a minimum tax on the remaining 40%. Shell in Germany continues with an overall loss carry-forward position.

[A] New Energies was rebranded to Renewables and Energy Solutions in 2021.

Corporate income tax
This is a direct tax imposed on companies’ profits. It is sometimes levied at a national level but can also be levied on a state or local basis.
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