GmbH-Recht

On January 1, 2008, the revision of the law governing limited liability companies (GmbH), which is of great practical significance, will come into force. Although the new law will bring GmbH law closer to stock corporation law, the GmbH will remain a corporation based on individuals. This allows the articles of association to take account of the specific circumstances and personal circumstances of the shareholders and to individually design the internal corporate structure. Further central are the changes in the formation regulations, in the shares and the share capital, the liability as well as with regard to the auditors. This commentary explains the revised legal provisions, taking into account the latest case law and literature. From formation and ongoing business operations to dissolution, the relevant aspects and potential problem areas are covered. The commentary will.