Aktiengesellschaft AG / Stock Corporation
The Aktiengesellschaft AG is a public limited company. It is always a trading company and hence a merchant within the meaning of the German Commercial Code (Handelsgesetzbuch HGB). This is true regardless of the actual field of economic activity of the AG. The AG has rights and obligations and can therefore sue and be sued. The legal basis of an AG is the Aktiengesetz AktG (law on stock corporations). The share capital of the company should be at least € 50,000 and is divided into a number of shares. The owners of the shares are the AG shareholders. An AG is liable for its obligations to the full extent of its company assets. Its shareholders are therefore not personally liable for the liabilities of the AG, however they bear the risk of the loss of the value of their shares.
The primary agents of an AG are its executive board, supervisory board and the general meeting.
The AG as such generally enjoys a good reputation because it is deemed to be particularly serious. This fact can also be taken into account when choosing the form of the company by setting up a business.
GRP Rainer lawyers and tax advisors will advise you about the opportunities and risks inherent in an AG. Because an AG is closely aligned within the legal wording of the AktG and variations thereof are only allowed conditionally, it is important to obtain legal advice beforehand. To do this, use a lawyer who is “at home” with company law.
But also in the case of problems with an existing AG, our lawyers are the right contacts. We will advise you of your rights and obligations as a member of the management board and the supervisory board or your role as a shareholder.
Our lawyers will provide competent and comprehensive advice, so that you will be able to take advantage of the diverse possibilities offered by an AG. Thus we offer advice on setting up a company, the articles of association, change of partners as well as - if necessary - the dissolution of the company.