Germany: Types Of Company
Limited Partnership with a Limited Liability Company as a General Partner (GMBH & CO KG)
This is a separate form of the Limited Partnership where the general partner is not an individual but a Limited Liability Company, thereby minimising the financial risk to the individual. It is advisable to have a written partnership agreement between the general partner and the limited partners. Usually the shareholders of the Limited Liability Company are identical to those of the limited partners of the Limited Partnership.