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Community Council | Posts: 1,669 | Thanked: 10,225 times | Joined on Nov 2014 @ Lower Rhine
#118
Originally Posted by olf View Post
Are you sure, and do you have a reference for that?
If the all-knowing Trash Heap is right, absolutely!
Thanks for asking and destroying my attempt to sound competent by copying the first sentence from a wikipedia article

From personal experience, i know that the german GmbH is often announced as Ltd. to foreigners so they comprehend the implications of the legal relationship instead of confusing them with local company terms.

This is not a legal advice, consult your attorney for further clarification and legal implications

EDIt:
The difference between countries is mainly the amount of capital you have to put upfront to create this legal entity. Mainly as safety buffer to pay for are major failure.
In germany it is at least 25000€, the more the higher the crdibility against big customers and debitors.
England is famous for the 1 Pound Ltd. you can click yourself online and wait for the paperwork to arrive

Last edited by mosen; 2018-04-24 at 20:25.
 

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