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A gemeinnützige Gesellschaft mit beschränkter Haftung (gGmbH) is a special form of a limited liability company with a charitable purpose. Traditional foundations and gGmbHs in Germany do not have minimum annual giving requirements.
Apr 3, 2024 · A GmbH is a company legal form and is the peer of the AG ( Aktiengesellschaft = stock corporation) and the KGaA ( Kommanditgesellschaft auf Aktien = partnership limited by shares). The owner of a GmbH is called a Gesellschafter (shareholder or partner).
Apr 30, 2024 · GmbH is an abbreviation of the German phrase “Gesellschaft mit beschränkter Haftung,” which means “company with limited liability.” It’s a suffix used after a private limited company’s name...
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Apr 4, 2024 · GmbH stands for Gesellschaft mit beschränkter Haftung, which basically means “company with limited liability.” This abbreviation is mainly used in Germany to describe a specific type of business, similar to what you call a limited liability company (LLC) in other places.
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Oct 7, 2023 · GmbH, short for Gesellschaft mit beschränkter Haftung, is a legal company form in Germany that provides limited liability to its owners. It is a popular choice for businesses looking to establish a presence in Germany while minimizing personal liability risks.
Dec 1, 2023 · GmbH stands for “Gesellschaft mit beschränkter Haftung,” which translates to “company with limited liability” in English. In simple terms, a GmbH is a type of legal entity that can be formed in Germany, and it provides a limited liability structure for businesses.
Dec 5, 2019 · First and foremost, a GmbH is a legally independent entity and enables foreign investors to do business in Germany and Europe. Owners of the GmbH are the partners, but you can also create a GmbH as an individual person. One major characteristic is their limited liability.
It is, however, not possible to convert an existing GmbH into a UG (haftungsbeschränkt). By creating the UG (haftungsbeschränkt), legislators intend first and foremost to facilitate entrance into a GmbH at a later date for founders who have only low capital requirements.
