Gesellschaft Mit Beschränkter Haftung

Summary of Gesellschaft Mit Beschränkter Haftung

A common form of business organization in Germany, especially for small businesses or those with a limited number of shareholders. Identified by the letters G.m.b.H. in the company's name, this form of incorporation conveys limited shareholder liability. The company is formed by registration upon application of the management; a board of directors is optional.

(Main Author: William J. Miller)