Varied Intended Uses of the German Limited Liability Company
GRP Rainer Lawyers Tax Advisors, Cologne, Berlin, Bonn, Bremen, Düsseldorf, Essen, Frankfurt, Hamburg, Hanover, Munich, Nuremberg, Stuttgart and London www.grprainer.com/en explains: The intended use of a German limited liability (GmbH) does not necessarily have to be based on generating profit. A multitude of other determinations are conceivable. Lawyers, tax advisors and engineers are now also able to manage a GmbH, the so-called “freelancer-GmbH” (Freiberufler-GmbH). The fiscal authorities are also often happy to embrace the advantages of the GmbH, since they...
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