Kommanditgesellschaft KG / Limited Partnership

The Kommanditgesellschaft KG / Limited Partnership is a business partnership. It can be compared in legal terms to the general partnership (OHG). However, one major and important difference from the OHG is, that there should be at least one general partner, and also at least one limited partner. While the general partner is personally and fully liable for the liabilities of the company, the limited partner is only liable in the amount of a fixed liability.

The general partner’s liability in respect to the company's obligations is personal and unlimited. However, the limited partner’s amount of liability is limited. It often corresponds to the contribution that he provides upon entering the company.

The number of general and limited partners in a partnership is not limited. Therefore, a theoretically unlimited number of partners can participate in a single KG partnership. The limited partnership is subject to the regulations of the German Civil Code and the Commercial Code.

If you intend to set up a KG partnership, a conclusion of articles of association is necessary. In order to fulfill all the legal requirements it is important to put your KG in responsible hands from the outset. A lawyer from the GRP Rainer law firm is available for this. Our lawyers will advise you of the multifaceted possibilities, but also about any potential difficulties arising from the establishment of a KG partnership.

In order to keep your personal risk especially as a limited partner to a minimum, a lawyer from our firm can advise you.

Furthermore, it is important to survey your personal liability risks as a general partner, in order to be able to decide whether to enter into an existing company or to set up a new company. The decision for entering into a KG requires a review of your personal needs.

If any problems arise within an existing company, we are your reliable partner. We will advise you about solutions and their possible implementation.

Our lawyers can help you with setting up a KG, the articles of association, a change of partners and - if necessary - the dissolution of the company.

We advise on Kommanditgesellschaft KG / Limited Partnership in Germany.

Make an appointment at one of our locations in Cologne, Berlin, Dusseldorf, Frankfurt, Hamburg, Munich or Stuttgart! For International inquiries, please contact us at our offices in London or Singapore!
Locations
GRP Rainer Rechtsanwälte Steuerberater Köln
Gürzenich-Quartier
Augustinerstraße 10
50667 Köln
+49 221 2722750
+49 221 27227524
Details
GRP Rainer Rechtsanwälte Steuerberater Berlin
Kurfürstendamm 21
10719 Berlin
+49 30 544459880
+49 30 544459885
Details
GRP Rainer Rechtsanwälte Steuerberater Bonn
Friedrich-Ebert-Allee 13
53113 Bonn
+49 228 929599890
+49 228 929599895
Details
GRP Rainer Rechtsanwälte Steuerberater Düsseldorf
Königsallee 92a
40212 Düsseldorf
+49 211 993399920
+49 211 993399925
Details
GRP Rainer Rechtsanwälte Steuerberater Frankfurt
Skyper Villa
Taunusanlage 1
60329 Frankfurt am Main
+49 69 172979670
+49 69 172979675
Details
GRP Rainer Rechtsanwälte Steuerberater Hamburg
HafenCity
Am Kaiserkai 1
20457 Hamburg
+49 40 422369430
+49 40 422369435
Details
GRP Rainer Rechtsanwälte Steuerberater München
Maximilianstraße 35a
80539 München
+49 89 211298800
+49 89 211298805
Details
GRP Rainer Rechtsanwälte Steuerberater Stuttgart
Königstraße 10c
70173 Stuttgart
+49 711 988099810
+49 711 988099815
Details
Do you have any questions?
Make an appointment at one of our locations in Cologne, Berlin, Dusseldorf, Frankfurt, Hamburg, Munich or Stuttgart! For International inquiries, please contact us at our offices in London or Singapore!