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GmbH
(; ) is a type of legal entity in German-speaking countries. It is equivalent to a (Sàrl) in the French-speaking region of Switzerland and to a (Sagl) in the Italian-speaking region of Switzerland. It is an entity broadly equivalent to the private limited company (PLC) in the United Kingdom and many Commonwealth countries, and the limited liability company (LLC) in the United States. The name of the GmbH form emphasizes that the owners (, also known as members) of the entity are not personally liable for the company's debts. GmbHs are considered legal persons under German, Swiss, and Austrian law. Other variations include mbH (used when the term is part of the company name itself), and gGmbH () for non-profit companies. The GmbH has become the most common corporation form in Germany because the AG (), the other major company form corresponding to a stock corporation, was much more complicated to form and operate until recently. Requirements of formation A GmbH is formed ...
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Germany
Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total population of over 84 million in an area of , making it the most populous member state of the European Union. It borders Denmark to the north, Poland and the Czech Republic to the east, Austria and Switzerland to the south, and France, Luxembourg, Belgium, and the Netherlands to the west. The Capital of Germany, nation's capital and List of cities in Germany by population, most populous city is Berlin and its main financial centre is Frankfurt; the largest urban area is the Ruhr. Settlement in the territory of modern Germany began in the Lower Paleolithic, with various tribes inhabiting it from the Neolithic onward, chiefly the Celts. Various Germanic peoples, Germanic tribes have inhabited the northern parts of modern Germany since classical ...
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Aktiengesellschaft
(; abbreviated AG ) is a German language, German word for a corporation limited by Share (finance), share ownership (i.e., one which is owned by its shareholders) whose shares may be traded on a stock market. The term is used in Germany, Austria, Switzerland (where it is equivalent to a ''S.A. (corporation), société anonyme'' or a ''società per azioni'') and South Tyrol for companies incorporated there. In the United Kingdom, the equivalent term is public limited company, and in the United States, while the terms "Incorporation (business), incorporated" or "corporation" are typically used, technically the more precise equivalent term is "joint-stock company". Meaning of the word The German word ''Aktiengesellschaft'' is a compound noun made up of two elements: ''Aktien'' meaning an acting part or shares, share, and ''Gesellschaft'', meaning company or society. English translations include ''share company'', or ''company limited by shares'', or joint-stock company. In German, ...
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Entrepreneurial Company (Germany)
An entrepreneurial company with limited liability (in German: Unternehmergesellschaft (haftungsbeschränkt)) is a German form of a private limited company, usually established as an alternative to a German corporation or GmbH (limited liability) entity. Companies organized as an entrepreneurial company have the suffix ‘''UG (haftungsbeschränkt)''’ appended to their names. Background The German government introduced the UG primarily to act as an alternative to establishing a traditional corporation. A UG established under German law is not a new type of legal entity; rather, it is a limited liability company similar to a GmbH, with the exception that, unlike the GmbH, it is not required to meet the legally mandated €25,000 share capital required of a GmbH—a UG can be established with as little as one euro of paid-in capital. However, a UG is still a separate legal entity from its owners and is fully liable for paying corporation taxes and publishing annual financial stat ...
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Unternehmensregister
Business Register System (, abbreviated URS) is a statistical business register in Germany which provides structural data about economic sectors and serves as the essential source of information about entities which is needed for planning, preparation and implementation of statistical surveys. Legal basis Business Register System 95 (URS 95) operates according to EU Regulation (EEC European Economic Community) No 2186/93 on Community coordination in drawing up business registers for statistical purposes. URS also has a national legal basis: Statistical Register Law – StatRegG of 16 June 1998. URS Neu, newer register system operates according to the newer version of regulation No 177/2008 establishing a common framework for business registers for statistical purposes. References {{reflist Economic databases ...
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States Of Germany
The Federal Republic of Germany is a federation and consists of sixteen partly sovereign ''states''. Of the sixteen states, thirteen are so-called area-states ('Flächenländer'); in these, below the level of the state government, there is a division into local authorities (counties and county-level cities) that have their own administration. Two states, Berlin and Hamburg, are city-states, in which there is no separation between state government and local administration. The state of Bremen (state), Bremen is a special case: the state consists of the cities of Bremen (city), Bremen, for which the state government also serves as the municipal administration, and Bremerhaven, which has its own local administration separate from the state government. It is therefore a mixture of a city-state and an area-state. Three states, Bavaria, Saxony, and Thuringia, use the appellation ("free state"); this title is merely stylistic and carries no legal or political significance (similar t ...
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Federal Republic Of Germany
Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen constituent states have a total population of over 84 million in an area of , making it the most populous member state of the European Union. It borders Denmark to the north, Poland and the Czech Republic to the east, Austria and Switzerland to the south, and France, Luxembourg, Belgium, and the Netherlands to the west. The nation's capital and most populous city is Berlin and its main financial centre is Frankfurt; the largest urban area is the Ruhr. Settlement in the territory of modern Germany began in the Lower Paleolithic, with various tribes inhabiting it from the Neolithic onward, chiefly the Celts. Various Germanic tribes have inhabited the northern parts of modern Germany since classical antiquity. A region named Germania was documented before AD 100. In 962, the Kingdom of Germa ...
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Austrian Empire
The Austrian Empire, officially known as the Empire of Austria, was a Multinational state, multinational European Great Powers, great power from 1804 to 1867, created by proclamation out of the Habsburg monarchy, realms of the Habsburgs. During its existence, it was the third most populous monarchy in Europe after the Russian Empire and the United Kingdom of Great Britain and Ireland, United Kingdom, while geographically, it was the third-largest empire in Europe after the Russian Empire and the First French Empire. The empire was proclaimed by Francis II, Holy Roman Emperor, Francis II in 1804 in response to Napoleon's declaration of the First French Empire, unifying all Habsburg monarchy, Habsburg possessions under one central government. It remained part of the Holy Roman Empire until the latter's dissolution in 1806. It continued fighting against Napoleon throughout the Napoleonic Wars, except for a period between 1809 and 1813, when Austria was first allied with Napoleon ...
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German Empire
The German Empire (),; ; World Book, Inc. ''The World Book dictionary, Volume 1''. World Book, Inc., 2003. p. 572. States that Deutsches Reich translates as "German Realm" and was a former official name of Germany. also referred to as Imperial Germany, the Second Reich or simply Germany, was the period of the German Reich; . from the unification of Germany in 1871 until the German revolution of 1918–1919, November Revolution in 1918, when the German Reich changed its form of government from a monarchy to a Weimar Republic, republic. The German Empire consisted of States of the German Empire, 25 states, each with its own nobility: four constituent Monarchy, kingdoms, six Grand duchy, grand duchies, five Duchy, duchies (six before 1876), seven Principality, principalities, three Free imperial city, free Hanseatic League, Hanseatic City-state, cities, and Alsace–Lorraine, one imperial territory. While Prussia was one of four kingdoms in the realm, it contained about two-thirds ...
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Common Law
Common law (also known as judicial precedent, judge-made law, or case law) is the body of law primarily developed through judicial decisions rather than statutes. Although common law may incorporate certain statutes, it is largely based on precedent—judicial rulings made in previous similar cases. The presiding judge determines which precedents to apply in deciding each new case. Common law is deeply rooted in Precedent, ''stare decisis'' ("to stand by things decided"), where courts follow precedents established by previous decisions. When a similar case has been resolved, courts typically align their reasoning with the precedent set in that decision. However, in a "case of first impression" with no precedent or clear legislative guidance, judges are empowered to resolve the issue and establish new precedent. The common law, so named because it was common to all the king's courts across England, originated in the practices of the courts of the English kings in the centuries fo ...
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Private Company Limited By Shares
A private company limited by shares is a class of private limited company incorporated under the laws of England and Wales, Hong Kong, Northern Ireland, Scotland, certain Commonwealth jurisdictions, and the Republic of Ireland. It has shareholders with limited liability and its shares may not be offered to the general public, unlike those of a public limited company. "Limited by shares" means that the liability of the shareholders to creditors of the company is limited to the capital originally invested, i.e. the nominal value of the shares and any premium paid in return for the issue of the shares by the company. A shareholder's personal assets are thus protected in the event of the company's insolvency, but any money invested in the company may be lost. A limited company may be "private" or "public". A private limited company's disclosure requirements are lighter, but its shares may not be offered to the general public and therefore cannot be traded on a public stock exch ...
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Swiss Franc
The Swiss franc, or simply the franc, is the currency and legal tender of Switzerland and Liechtenstein. It is also legal tender in the Italian exclave of Campione d'Italia which is surrounded by Swiss territory. The Swiss National Bank (SNB) issues banknotes and the federal mint Swissmint issues coins. It is also designated through currency signs ''Fr.'' (in German language), ''fr.'' (in French language, French, Italian language, Italian, Romansh languages), as well as in any other language, or internationally as ''CHF'' which stands for Franc. This acronym also serves as the ISO 4217 currency code, used by banks and financial institutions. The smaller denomination, a hundredth of a franc, is a (Rp.) in German, (c.) in French, (ct.) in Italian, and (rp.) in Romansh. The official symbols ''Fr.'' (German symbol) and ''fr.'' (Latin languages) are widely used by businesses and advertisers, also for the English language. According to ''Art. 1 SR/RS 941.101'' of the federal law ...
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