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Apr 3, 2024 · GmbH & Co KG stands for Gesellschaft mit beschränkter Haftung & Compagnie Kommanditgesellschaft, or in English, ‘limited liability company & limited partnership’.
A limited liability company and limited partnership, abbreviated in German as GmbH & Co. KG, is a special form of limited partnership (KG). The GmbH & Co. KG combines two legal forms: the GmbH as a corporation and the KG as a partnership. There are two types of partners in a KG.
German Limited Partnerships (GmbH & Co. KG) The GmbH & Co. KG is a special form in German (and Austrian) law, which does not exist in most other states and is partially comparable with the USA’s Limited Liability Company (LLC).
The GmbH & Co. KG is a particularly attractive legal form for medium-sized businesses in Germany. It combines the advantages of a limited liability company (GmbH) with those of a limited partnership (KG), making it a flexible business structure with limited liability.
German Limited Partnership (GmbH & Co. KG) The GmbH & Co. KG is a special legal form which is partially comparable with the USA’s Limited Liability Company (LLC). This form of company unites the tax advantages and company law advantages of a corporation and a personal company.
A kind of hybrid between a partnership and a corporation, a limited partnership and company limited partnership (Gesellschaft mit beschränkter Haftung & Compagnie Kommanditgesellschaft - GmbH & Co. KG) is a special form of KG, in which the general partner is a GmbH.
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Nov 10, 2022 · The GmbH & Co. KG is a special form of limited partnership (KG). It is formed by a combination of a GmbH and at least one other – usually natural – person as a partner in the KG.