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entrepreneur checklist
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Legal forms overview
Single enterprise with this legal form is the company originator called “Alleininhaber”. However, his entrepreneurial freedom has a catch: opposites is liable business partners and sponsors he guarantees with his entire private money. An registration in the register of companies is not necessary. Regularly at the payment transactions with alterations, as soon as a company employs several co-workers, participates and expects very high turnovers, the registration must take place into the register of companies. In this downfall, the general rules then are necessary to produce annual balances for merchants of the code of commercial law, like approximately the duty.
Persons companies central point of this business form are the originators. If at least two people announce a trade together, so they are a BGB Gesellschaft. They remain natural people and are liable as such with their private money. They are among the persons companies: • company of civil right (GbR) also with this simplest form of the persons company recommends experts a contract for the partners. Neither a mandatory least capital, nor the entry into the register of companies hinders the foundation process.
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