Kommanditgesellschaft


Kommanditgesellschaft : KG (German, meaning: "limited partnership") differs from the general partnership in that only the general partner (Komplementaer) has full personal liability for the liabilities of the partnership while the remaining (limited) partners' (Kommanditist) liability is limited to the specific amount of their contribution. The company must carry the name of one personally liable partner with reference to the existence of a company. The name of the general partner with unlimited liability may not be left out
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