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A GmbH is formed in three stages: the founding association, which is regarded as a private partnership with full liability of the founding partners/members; the founded company (often styled as "GmbH i.G.", with "i.G." standing for in Gründung – literally "in the founding stages", with the meaning of "registration pending"); and finally the fully registered GmbH.
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 ...
GmbH & Co. KG: the general partner is a GmbH; AG & Co. KG: the general partner is an AG; SE & Co. KG: the general partner is a societas Europaea; GmbH & Co. OHG: each of the general partners are a GmbH; The same rule also applies when the general partner is a limited company incorporated outside Germany, for example:
In Germany, through most of the 19th century the Kommanditgesellschaft (société en commandite in France) was the typical form of business organisation. A "KG" had at least one member with unlimited liability, but other investors' liability was limited to their contribution.
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 ...
sonnen GmbH (proprietary name and abbreviated form: sonnen) is a company in the energy industry headquartered in Wildpoldsried in the district of Oberallgäu, Germany. It produces home energy storage systems for private households and small businesses .
A Kommanditgesellschaft (abbreviated KG, pronounced [kɔmanˈdɪtɡəˌzɛlʃaft]; from Kommandite + Gesellschaft) is the German name for a limited partnership business entity and is used in German, Belgian, Dutch, Austrian, and some other European legal systems.
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.