GmbH

Definition : Gesellschaft mit beschränkter Haftung German [Limited Liability Company]
Category : Business » Companies & Corporations
Country/Region : European Union European Union
Popularity :

What does GmbH mean?

Gesellschaft mit beschränkter Haftung (GmbH) is a type of legal entity very common in Germany and Central Europeans countries. The name of the GmbH form emphasizes the fact that owner's of the company are not personally liable for the company’s financial debts as long as the legal rules are being obeyed.