Comparison of the "Gesellschaft mit beschränkter Haftung", the "British limited company" and the "Societas Privata Europaea"

Seminar Paper , 2010 , 11 Pages , Grade: 3,0

Didactics for the subject English - Pedagogy, Literature Studies

My personal conclusion is that all these three forms of organization have advantages and disadvantages for nearly everyone who might be interested in incorporate a business. On the one side the GmbH could be used for every business and it is proven. But you need not less than 25.000 € to start your business under this legal structure.
Moreover the Limited is also proven, but there is the problem that you need a registered office probably far away from your generally business location. But the advantage of this legal structure is that there is no need to have any initial capital.
The SPE is maybe a great legal structure but nobody could know this because it is not tested. The idea of this form of organization in my opinion is a quite good brainchild.
Now it depends on you, than all these legal structures are for capital companies and they are generally used for low and mid-level business. The most important fact is that your responsibility is limited.

Inhaltsverzeichnis (Table of Contents)

• Introduction
  • Way of looking at the problem
  • Ambitions
• Gesellschaft mit beschränkter Haftung (GmbH)
  • Fundamentals
  • Foundation
  • Advantages
  • Disadvantages
• British Limited Company
  • Fundamentals
  • Foundation
  • Important Elements of the British limited company
    • Shareholders
    • Board of directors
    • The company secretary
    • Registered office
  • The Ltd. In Germany

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This document aims to compare and contrast the legal structures of the German GmbH, the British Limited Company, and the Societas Privata Europaea (SPE). It explores the advantages and disadvantages of each structure, outlining the key considerations for individuals or businesses looking to incorporate in Germany or Great Britain.

• Legal structures for company formation in Germany and Great Britain
• Comparison of GmbH, British Limited Company, and SPE
• Key elements of company formation and operation
• Liability limitations and capital requirements
• Tax implications and regulatory frameworks

Zusammenfassung der Kapitel (Chapter Summaries)

The introduction provides an overview of the legal structures that will be discussed, outlining the key considerations and the author's ambition to highlight the best options for company formation. The first chapter delves into the German GmbH, explaining its fundamentals, foundation process, advantages, and disadvantages. The second chapter focuses on the British Limited Company, detailing its structure, formation requirements, key elements such as shareholders and directors, and its operation in Germany.

Schlüsselwörter (Keywords)

This document explores key legal structures for company formation, including GmbH, British Limited Company, SPE, liability limitations, capital requirements, tax implications, and regulatory frameworks. The focus is on providing a comprehensive comparison of these structures, highlighting their key features and considerations for individuals or businesses seeking to incorporate in Germany or Great Britain.

• College: AKAD University of Applied Sciences Leipzig
• Grade: 3,0
• Author: Steve Brause (Author)
• Publication Year: 2010
• Pages: 11
• Catalog Number: V173763
• ISBN (eBook): 9783640942015
• ISBN (Book): 9783640942251
• Language: English
• Tags: GMBH, limited, societas Privata europaea