Persons who independently and in a continued manner, i.e. for an extended duration, participate in commercial trading with the intention of making profits are deemed to be engaged in a commercial enterprise. Agriculture, forestry and freelance activities are excepted.
We offer advisory services for all types of companies:
- Sole proprietorship
- GbR (partnership under civil law)
- OHG (general partnership)
- KG (limited partnership)
- Limited (UK Ltd)
- GmbH (German limited company)
- GmbH & Co. KG
- AG (stock company)
Choosing the right legal form for an enterprise is extremely important, not least because it is a decisive factor in how a company will be taxed. After deciding which type of entity presents the optimal legal form for the company, it is important to regularly review this initial decision, for as a company develops its requirements may change and it may thus be better served by a different legal form. We also provide comprehensive advice on changing legal form.