Gesellschaft mit beschränkter Haftung (pronounced[gəˈzɛlʃaft mɪt bəˈʃʁɛŋktɐ ˈhaftʊŋ], abbreviated GmbH[geː ʔɛm beː haː], in Austria also GesmbH or Ges.m.b.H.), which is German for "company with limited liability", is a type of legal entity
very common in Germany, Austria, Switzerland and Liechtenstein. The name of the GmbH form emphasizes the fact that the owners (Gesellschafter, also known as members) of the entity are not personally liable for the company's debts.GmbHs are considered legal persons under German and Austrian law. Other variations include mbH (used when the term Gesellschaft is part of the company name itself), and gGmbH (gemeinnützige GmbH) for non-profit companies.
The GmbH has become the most common corporation form in Germany, since the AG (Aktiengesellschaft), the other major company form corresponding to a stock corporation, was much more complicated to form and operate until recently.
The laws governing this type of legal entity were adopted in Germany in 1892, and in Austria in 1906. The concept of limited liability created by these laws inspired the legal establishment of the limited liability company form in other countries, although the concept of a limited liability company already existed in the United Kingdom.
Read full article. 1 April 2021, 8.49 am183;1-min read. The company registered sales volume of growth of 0.43% to 16,40,353 ton in FY21 from 16,33,310 ton recorded in FY20, despite Covid-19 disruptions ...Source. Capitalmarket.com. TRENDING. 1 ... 2 ... 3 ... 4. NIOInc ... 5. Blockchains Strengthens Decentralized Identity Capabilities with Acquisition of evan GmbH. .
Read full article. News181 April 2021, 7.30 am183;2-min read ... Here are some of the changes which one needs to know before entering into the new financial year.. 1. Option to choose new tax regime ... 2. EPF investments ... 3. Income Tax rule on TDS ... 4. Change in LTC scheme ... Blockchains Strengthens Decentralized Identity Capabilities with Acquisition of evan GmbH.
CryptoNinjas � Stargate launch enables cross-chain IBC protocol on Cosmos-SDK blockchains. Cosmos, an interoperable blockchain ecosystem, has announced the launch of Stargate, a set of upgrades that brings significant new capabilities and performance improvements to blockchains built with the Cosmos software developer kit (SDK).
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