GmbH

A GmbH is a German limited liability company. It is a popular business structure for small and medium-sized businesses in Germany.

To form a GmbH, you need to file articles of association with the commercial register. The articles of association must include the company's name, registered office, business purpose, and share capital.

The share capital of a GmbH must be at least EUR 100,000. The shares can be issued in cash or in kind.

The shareholders of a GmbH are not personally liable for the company's debts. However, they may be liable for any unpaid taxes or contributions.

The management of a GmbH is carried out by one or more managing directors. The managing directors are appointed by the shareholders.

The GmbH is a tax-paying entity. The company's profits are taxed at the corporate tax rate. The shareholders are taxed on any dividends they receive from the company.

The GmbH is a popular business structure for small and medium-sized businesses in Germany because it offers a number of advantages, including:

* Limited liability for shareholders
* Simple formation process
* Low tax rates
* Strong legal protection