GmbH – Limited Liability Company

A GmbH is a limited liability company (Gesellschaft mit beschränkter Haftung) used in Germany and some other European countries to establish and operate businesses. The GmbH is a legally independent entity managed by one or more shareholders.

The shareholders are liable for the obligations of the GmbH only up to the amount they contribute as shareholders, which provides a certain limitation of liability compared to other company forms such as the stock corporation. The GmbH is therefore an attractive alternative for many entrepreneurs, as it offers a certain level of security while also allowing a degree of flexibility in terms of the structure and management of the company.

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