Top 5 advantages and disadvantages of public limited company, limited liability company, general partnership, limited partnership, and sole proprietorship at a glance
When founding a company in Germany, choosing the right legal form is crucial. Different company structures such as AG (public limited company), GmbH (limited liability company), OHG (general partnership), KG (limited partnership), and sole proprietorship each come with specific advantages and disadvantages that must be considered. The decision not only affects liability and tax aspects but also the flexibility in business operations. According to a study by KfW, almost every structure has its own challenges: about 50% of [...]
