Two types of partners:
Useful for raising capital while limiting risk for investors.
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GmbH ((Gesellschaft mit beschränkter Haftung))
UG (haftungsbeschrank)
AG ( Aktiengesellschaft)
GbR (Gesellschaft bürgerlichen Rechts).
Ongoing compliance requirements include annual financial statements, tax filings, shareholder meetings (for Gmbh), and the maintenance of proper accounting records.