OHG, but it distinguishes between two types of partners: general partners and limited partners. General partners have unlimited liability with their private assets, similar to an OHG, while limited partners are only liable up to the amount of their investment. This netherlands phone data structure makes the KG particularly attractive for investors who want to limit business risk. Advantages: Limited liability for limited partners protects their private assets and makes the KG attractive for passive investors. Flexibility in the design of corporate governance and capital structure. Possibility of raising additional capital by taking on new limited partners. Disadvantages: Management structure can sometimes become complex. The risk for the general partners remains high because they have unlimited liability. partnership under civil law (GbR) A GbR is the simplest and most flexible form of partnership, which is often used in the catering industry for smaller or temporary projects , such as pop-up restaurants .
and there are no formal requirements for its formation, which makes this legal form particularly attractive for the catering industry. Advantages: Ideal for small projects or temporary events. Very low start-up effort and (practically) no costs. High flexibility without strict regulatory requirements. Disadvantages: Unlimited liability of all partners, similar to the general partnership. As the restaurant business grows, the lack of formal structure can cause problems. corporations In the catering industry, capital companies are ideal for medium to large businesses in which the founders want to protect their private assets from business risks through a clear separation of liability. Common forms are the limited liability company (GmbH), the entrepreneurial company (limited liability) (UG) and the stock corporation (AG). limited liability company (GmbH) The GmbH is one of the most popular legal forms for companies in Germany, including in the catering industry. The GmbH offers a clear separation between the private assets of the shareholders and the liabilities of the company. It requires a minimum share capital of 25,000 euros , which must be paid in full when the company is founded.
Advantages: Minimization of personal risk, as the shareholders are only liable up to the amount of their share capital. Capital increases by new shareholders are possible – shares can be freely sold and transferred. Managing directors do not have to be shareholders, which enables professional management by external experts. Disadvantages: The establishment of a GmbH is
It is not registered in the commercial register
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