Germany: Types Of Company
Joint Stock Company (AG)
A start up capital of EUR50,000 is required for setting up a Joint Stock Company (Aktiengesellschaft). An individual may set up a Joint Stock Company and may list the company shares on the stock exchange. The founding shareholder(s) must appoint a first auditor and a supervisory board and the appointments must be notarised. The supervisory board in turn appoints the first management board. The shareholders’ liability is limited to their capital contribution. Notary certification is required for articles of association and the company becomes a legal entity once it is registered into the Register of Companies.