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Definition | : | Gesellschaft mit beschränkter Haftung German [Limited Liability Company] |
Category | : | Business » Companies & Corporations |
Country/ Region |
: | European Union
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Popularity | : |
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Gesellschaft mit beschränkter Haftung (GmbH) is a type of legal entity very common in Germany and Central European countries. The name of the GmbH form emphasizes the fact that owners of the company are not personally liable for the company’s financial debts as long as the legal rules are being obeyed.
The full form of GmbH is Gesellschaft mit beschränkter Haftung
Gesellschaft mit beschränkter Haftung