Where does the word GmbH come from in German?
GmbH is an abbreviation of the German phrase “Gesellschaft mit beschränkter Haftung,” which means “company with limited liability.” It’s a suffix used after a private limited company’s name in Germany (versus AG, which is used to indicate a public limited company).
What does Gesellschaft mit beschrankter Haftung mean?
Gesellschaft mit beschränkter Haftung. more… A Gesellschaft mit beschränkter Haftung ( [ɡəˈzɛlʃaft mɪt bəˌʃʁɛŋktɐ ˈhaftʊŋ], abbreviated GmbH [ɡeːʔɛmbeːˈhaː] and also GesmbH in Austria), meaning “company with limited liability”, is a type of legal entity very common in Germany, Austria, Switzerland
What does GmbH stand for in investment banking?
Amy Drury is an investment banking instructor, financial writer, and a teacher of professional qualifications. What Is GmbH? GmbH is an abbreviation of the German phrase “Gesellschaft mit beschränkter Haftung,” which means “company with limited liability.”
Can a GmbH be incorporated in Austria or Switzerland?
Germany, Austria, and Switzerland all have their own legal provisions for the GmbH designation in their country. There are many details on incorporating as a GmbH in Austria, as well as incorporating as a GmbH in Switzerland. Germany also allows for a GmbH & Co. KG designation, a mini-GmbH, and a gGmbH.
What is the abbreviation for company in Germany?
GmbH is a business extension primarily known for its use in Germany. Like most countries, Germany has two distinct classifications for companies: publicly traded and privately held. The acronym ‘GmbH’ is used to designate certain private entities and is written after a company’s name.
What do you call a limited liability company in Germany?
GmbH is the equivalent of “Ltd.” (limited) used in the U.K. and is the most common form of incorporation in Germany. GmbH is a German abbreviation for “Gesellschaft mit beschränkter Haftung,” meaning, “company with limited liability.” GmbH—equivalent to Ltd. used in the U.K. or Inc. in the U.S.—is the most common form of incorporation in Germany.