Limited Liability Company Reform: New Rules Governing The Incorporation , Sale Of Shares, And Change Of Administrative Seat

Mondaq Business BriefingGermany Law Articles in English (2008)

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Limited Liability Company Reform: New Rules Governing The Incorporation , Sale Of Shares, And Change Of Administrative Seat

Simplification of Rules Regarding Incorporation

Under current law, a limited liability company

("GmbH") must be established by notarial deed. The

reform law permits exceptions to this formal requirement if (i)

the founders use model articles of association, (ii) the GmbH

is incorporated by no more than three shareholders via a cash

contri...

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