Читать книгу The Limited Liability Company under German Law (the GmbH) - Dr Alexander Schröder-Frerkes - Страница 5

Preface

Welcome to The Limited Liability Company under German Law (the GmbH).

With over one million entities, by far the most common and, thus, the most important legal company form used in Germany is the limited liability company (the GmbH). The GmbH has a number of advantages: it limits shareholder liability, it can be adapted to the specific needs of shareholders and their business model, and it provides a platform for small businesses as well as for holding companies for international groups and not-for-profit organisations. Given its ample scope, and the fact that it can be very easily established and requires minimal administrative effort, the GmbH is also the most frequent legal form used by foreign investors in Germany.

Against this backdrop, this book explores the most relevant legal issues and topics for investors seeking to establish or acquire a GmbH in Germany and is aimed at readers with a legal background, as well as those without, focusing (where relevant) on the most important legal discussions without losing itself in lengthy academic argument.

In addition to providing an overview of the requirements of the formation process, this book demonstrates the GmbH’s inherent flexibility as well as helping legal practitioners (based in Germany and elsewhere) to decide on whether a GmbH is most suitable for their needs.

We would like to address a special thank you note to Lucinda Bowles for her great efforts in proofreading the volume and providing helpful advice in making the book easier to read.

Any comments or proposals are welcome. You may contact the authors via the contact details set out in the ‘About the authors’ section at the back of the book.

Dr Alexander Schröder-Frerkes

Dr Armin Göhring