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General Partnership („Offene Handelsgesellschaft – OHG“)

The general partnership (equals approximately to the German “Offene Handelsgesellschaft”) consists of two or more partners. The legal relationships between the partners are fixed by means of a partnership agreement. According to the Commercial Code (HGB), each partner otherwise disposes of unrestricted management functions and unrestricted power of representation in business connections.

Essential character of the general partnership is the liability with the assets of the partnership as well as to the extent of the private means of all partners.

You do not need any minimum capital in order to start a general partnership. The general partnership is led by business principles and has to be listed on the Register of Companies.

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URL: www.go-to-do.com /content_eng/gruendung/rechtsformen/ohg.html

Last modified: 19.08.2005 | © Wirtschaftsförderung Dortmund | Email: go-to-do@stadtdo.de