Gesellschaft put beschränkter Haftung
A Gesellschaft put beschränkter Haftung (of the German meaning literally “limited liability company”), also known under the Sigle GMBH , is a form of Moral person to Responsabilité limited existing in the German Droit of the businesses since 1892, then extended to other countries of Central Europe such as the Austria in 1906 or the Suisse.
Name of a GMBH
In Germany, this type of entity is governed by a federal Loi, GMBH-Gesetz or GmbHG (“law GMBH”). This law imposes that the name of each GMBH included the mention “Gesellschaft put beschränkter Haftung” or “any other generally comprehensible abbreviation”.
In practice, by convenience, the choice is generally made on an abbreviation, generally in the form of the Sigle “GMBH”. This last, with or without points, is thus placed after the name of the company, for example in “of Mass Frankfurt GMBH” . If the name of the company includes/understands already the word “of Gesellschaft” (“company”), the abbreviation loses “G” corresponding, for example in “of Theaterservicegesellschaft mbH” .
One also finds “GesmbH”, in Austria; and “gGmbH”, first “G” meaning “gemeinnützige” (“non-profit-making”).
References
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