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The German government introduced the UG primarily to act as an alternative to establishing a traditional corporation. [1] A UG established under German law is not a new type of legal entity; rather, it is a limited liability company similar to a GmbH, with the exception that, unlike the GmbH, it is not required to meet the legally mandated €25,000 share capital required of a GmbH—a UG can ...
The same rule also applies when the general partner is a limited company incorporated outside Germany, for example: Limited & Co. KG: the general partner is a UK private company limited by shares; PLC & Co. KG: the general partner is a UK plc; ApS & Co. KG: the general partner is a Danish Anpartsselskab; LLC & Co. KG: the general partner is a ...
German company law (Gesellschaftsrecht) is an influential legal regime for companies in Germany. The primary form of company is the public company or Aktiengesellschaft (AG). A private company with limited liability is known as a Gesellschaft mit beschränkter Haftung (GmbH).
An LLC is a type of unincorporated association, distinct from a corporation. The primary characteristic an LLC shares with a corporation is limited liability, and the primary characteristic it shares with a partnership is the availability of pass-through income taxation. As a business entity, an LLC is often more flexible than a corporation and ...
Location of Germany. Germany is a federal parliamentary republic in central-western Europe. Germany has the world's 3rd largest economy by nominal GDP, and the 5th largest by PPP. As a global leader in several industrial and technological sectors, it is both the world's third-largest exporter and importer of goods.
Aktiengesellschaft (German pronunciation: [ˈaktsi̯ənɡəˌzɛlʃaft] ⓘ; abbreviated AG ⓘ) is a German word for a corporation limited by share ownership (i.e., one which is owned by its shareholders) whose shares may be traded on a stock market.
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Fresenius SE & Co. KGaA is a European multinational health care company based in Bad Homburg vor der Höhe, Germany. It provides products and services for dialysis in hospitals, as well as inpatient and outpatient medical care. The company is involved in hospital management and in engineering and services for medical centers and other health ...