
Published online:
19 January 2012
Published in print:
08 December 2011
Online ISBN:
9780199919307
Print ISBN:
9780199795208
Contents
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8 The Last Treatise: Project and Person (Reflections on Martti Koskenniemi’s From Apology to Utopia)
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A. The GmbH: A Role Model for Privately Held Companies World-Wide A. The GmbH: A Role Model for Privately Held Companies World-Wide
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B. Of Traditions and Change B. Of Traditions and Change
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I. Formalities—Especially Formation I. Formalities—Especially Formation
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II. Handling of Shares and Membership Rights II. Handling of Shares and Membership Rights
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III. Internal Organization of the GmbH III. Internal Organization of the GmbH
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IV. Moving to a Better Place IV. Moving to a Better Place
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C. The Fixed Capital System in Reform C. The Fixed Capital System in Reform
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I. Understanding the Fixed Capital System I. Understanding the Fixed Capital System
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II. The Reform II. The Reform
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1. Minimum Capital and Unternehmergesellschaft 1. Minimum Capital and Unternehmergesellschaft
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2. Rules on Raising Capital 2. Rules on Raising Capital
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3. Capital Maintenance 3. Capital Maintenance
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4. Shareholder Loans 4. Shareholder Loans
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5. Further Safeguards 5. Further Safeguards
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D. Summary and Outlook D. Summary and Outlook
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Chapter
16 The Reform of the German Private Limited Company: Is the GmbH Ready for the Twenty-First Century?
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Pages
203–222
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Published:December 2011
Cite
Beurskens, Michael, and Ulrich Noack, 'The Reform of the German Private Limited Company: Is the GmbH Ready for the Twenty-First Century?', in Russel A. Miller, and Peer C. Zumbansen (eds), Comparative Law as Transnational Law: A Decade of the German Law Journal (2011; online edn, Oxford Academic, 19 Jan. 2012), https://doi.org/10.1093/acprof:oso/9780199795208.003.0030, accessed 28 Apr. 2025.
Abstract
The Gesellschaft mit beschränkter Haftung (GmbH—Private Limited Company) is the most popular organizational form for businesses in Germany—there were almost one million such entities in 2007. Not only is the GmbH popular for entrepreneurs, but it also serves a role in company groups, and can be more or less easily upgraded to an Aktiengesellschaft (AG—public corporation). Few changes have been made to the statute since its inception in the late 19th century. This chapter discusses the reform of the GmbH.
Subject
Public International Law
Collection:
Oxford Scholarship Online
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