Solutions
The General Partnership
In contrast to a GmbH and an AG, the partners in an OHG have unlimited liability. Every partner is legally obliged to participate actively in operating the business unless the articles of partnership (Gesellschaftsvertrag) provide otherwise. The OHG can sue or can be sued in a court of law. For internal matters decisions should be made unanimously, but articles of partnership usually allow decisions by a majority of votes.
Company Details
| Liability | All partners are personally liable without limitation. |
| Statutory capital | Not required |
| Corporate bodies | Board of directors, supervisory board, shareholders’ meeting |
| Financial Statements | The partners represent the company. A General Partnership is not a corporate entity. |
| Income taxation |
EBIT – Trade tax on income of 12% – 21% nEach partner’s portion is subject to his personal income tax or corporate income tax. Credit of trade tax on income only against the partners’ personal income tax (only for individuals). No dividend withholding tax. |
How We Can Help You
- Consultinghouse can support expanding companies in the foundation process
- Registration to the commercial register and to the local trade office
- We help to align communications with German authorities
- We help to stay compliant when doing business in Germany
Further German Company Forms
The German GmbH
The "Mini" GmbH
The GmbH & Co.KG
The Joint Stock Company
The Limited Partnership
The General Partnership
The German branch office
The German permanent establishment
The German representative office
Let Us Be a Part of Your Success Story
Stefan Grönke
Owner/Tax Advisor
WHY US?
- Strong experience in supporting foreign companies to develop their business in Germany
- Our clients success is our success. Our objective is to grow along our clients
- Entrepreneurial thinking, forward-looking advice, practical solutions, and sustainable success
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Turnaround
TurnaroundTo Learn More About How We Can Add Value to Your Business in Germany, Please Do Not Hesitate to Contact Us Today!
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To learn more about our services and how we can create value for our international clients when doing business in Germany, please contact us by filling out the following form.