Gesellschaft mit beschrunker Haftung


Gesellschaft mit beschrunker Haftung : The GmbH (German, meaning: "limited liability company") is a corporation with separate legal personality. Its shareholders participate in the original share capital with their initial contributions but are not liable to the company's creditors. One person alone can form a limited liability company but legal entities may also be shareholders. The firm name of a limited liability company must either be derived from the purpose of its business or -- as in the case of limited partnerships -- from the name of the shareholder or a combination of both. It must always state "with limited liability" (mbH)
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