Norderfriedrichskoog
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Norderfriedrichskoog ( da, Nørre Frederikskog) is a municipality in the district of
Nordfriesland Nordfriesland (; da, Nordfrisland; frr, Nordfraschlönj ), also known as North Frisia, is the northernmost district of Germany, part of the state of Schleswig-Holstein. It includes almost all of traditional North Frisia (with the exception o ...
, in
Schleswig-Holstein Schleswig-Holstein (; da, Slesvig-Holsten; nds, Sleswig-Holsteen; frr, Slaswik-Holstiinj) is the northernmost of the 16 states of Germany, comprising most of the historical duchy of Holstein and the southern part of the former Duchy of Sch ...
,
Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...
.


Former tax haven

In the 1990s, Norderfriedrichskoog became a popular 0% tax haven, and by 2003 the village, with a population of only 47, was home to over 500 companies, including
Deutsche Bank Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Sto ...
,
Eli Lilly and Company Eli Lilly and Company is an American pharmaceutical company headquartered in Indianapolis, Indiana, with offices in 18 countries. Its products are sold in approximately 125 countries. The company was founded in 1876 by, and named after, Colonel ...
,
Unilever Unilever plc is a British multinational consumer goods company with headquarters in London, England. Unilever products include food, condiments, bottled water, baby food, soft drink, ice cream, instant coffee, cleaning agents, energy drink, t ...
,
Lufthansa Deutsche Lufthansa AG (), commonly shortened to Lufthansa, is the flag carrier of Germany. When combined with its subsidiaries, it is the second- largest airline in Europe in terms of passengers carried. Lufthansa is one of the five founding m ...
and E.On. The tax regime was changed by the federal government in 2004 to enforce a minimum percentage rate, thus removing Norderfriedrichskoog's competitive advantage.


See also

* Eiderstedt Peninsula


References


External links

Municipalities in Schleswig-Holstein Nordfriesland {{Nordfriesland-geo-stub