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The limited company is used, when you will limit the personal liability of the commercial activity. This form is accepted in every business relationship.
The ordinary capital is only 25.000 EUR.
The limited company is, in comparison with a joint stock company, less complicated in the administration and is applicable when there are not too many partners and when there is no frequent change in the partnership. It is also sufficient, when there is only one partner.
» Further information about the GmbH
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