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Germany: Types Of Company

Civil Law Partnership (GBR)

A minimum of two partners is required to establish a Civil Law Partnership. All partners have unlimited liability for debts incurred by the company. A written partnership agreement is not required by law but is recommended. A Civil Law Partnership must register with the local trade office if it is to carry out a small trade business. If annual turnover exceeds EUR250,000 or there are profits of more than EUR25,000, it is classified as a commercial business and must be entered into the commercial register and thereby automatically becomes a General Commercial Partnership (oHG).



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