PM&M / Resources / Vocabulary :

Gesellschaft m.b.H.

as well as Ges.m.b.H. and G.m.b.H. are all abbreviations of the German company form Gesellschaft mit beschränkter Haftung, a company with limited liability. It is a type of legal entity and the most common company form in Germany, Austria and Switzerland; the owners of the entity are not personally liable for the company's debts.

There are various forms of this business type (e.g. G.m.b.H. & Co.), the most common however is the G.m.b.H. & Co. K.G. which represents a limited partnership with the sole general partner being a limited liability company, combining the advantages of a partnership with those of the limited liability of a corporation.

Even if the abbreviation is quite similar, a G.m.b.H. should not be confused with the business form ⇒e.G.m.b.H. which has a completely different background.

 


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