Significant Changes For German Law On Limited Liability Companies

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Significant Changes For German Law On Limited Liability Companies

A new law bringing significant changes for limited liability

companies incorporated in Germany takes effect on November 1, 2008.

This article examines the business trends which inspired the new

law as well as how, going forward, the new law will affect the

formation and operation of a German limited liability company

(GmbH).

Background. In recent years, European corporate

structures other than the GmbH have arrived in the German market.

Comp...

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