This is basically a partnership but provides a limitation of liability on behalf of some of the partners. A KG bears two kinds of partners: 1) the general partner (Komplementär), who has an unlimited liability extending to his or her personal assets, and 2) the limited partner (Kommanditist) whose liability extends only to his or her nominal holdings in the company.
HOW WE CAN HELP YOU
- Consultinghouse puede ayudar a las empresas en expansión en el proceso de fundación
- Registro en el registro mercantil y en la oficina local de comercio
- Ayudamos a alinear las comunicaciones con las autoridades alemanas
- Ayudamos a mantener la conformidad al hacer negocios en Alemania
Resumen
| Liability | The general partners are unlimitedly, jointly and severally liable for the partnership’s liabilities. The Limited Partners are only liable with their capital contribution to the company. |
| Statutory capital | Not required |
| Corporate bodies |
Only the General Partners are entitled to represent the company. The Limited Partnership is not a corporate entity. The partners represent the company. General Partnership is not a corporate entity. |
| Company taxation |
EBIT – Trade tax on profit of 12% – 13% income tax (only for individuals). No dividend withholding tax. |
