The limited liability company (GmbH) is the most popular legal form in Germany and is also highly regarded internationally.
As the name suggests, it is limited by liability: liability covers only the company assets and not the private assets of the partners. This ensures lower personal risk for the founders.
At the same time, the GmbH also communicates reliability to the outside world, since the share capital of a GmbH is at least €25,000. This money guarantees solvency and signals security to banks and investors.
A starting capital of 12,500 euros is sufficient for foundation, which is increased over time to the full amount of the share capital. This can help to simplify your business financing.
The rights and obligations of the partners, the amount of the respective capital contributions, and other regulations are defined in the articles of association.
Do you need to draw up your articles of association? Simplify this step by downloading our free and lawyer-checked template for your GmbH partnership agreement. You can then easily adapt it to your needs with our guide.