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|German to English translations [PRO]|
Bus/Financial - Law: Contract(s)
|German term or phrase: Gesellschaftsvertrag|
|Dissolution of the company|
b) Erhöhung des Stammkapitals
c) Änderungen des Gesellschaftsvertrages
d) Änderungen des Gegenstands der Gesellschaft
This is more of a general question. There is are two companies which are forming a joint venture company. One is a KG, it isn't clear what the other is. I'm unsure what words to use because, of course, different words would be used to refer to GmbH's and AG's. So I guess the question is whether a joint venture company is always an AG or a GmbH? Or is that up to the discretion of the companies? I just want to get the wording right (articles of partnership vs. articles of association, partners' resolution vs. shareholders' resolution, etc.)
Vielen Dank for any enlightenment.
Okay, here's the low down. There are different kinds of company in Germany - partnerships and limited companies. The limited companies are again broken down into two categories - GmbHs and AGs.
Of these three categories, partnerships and GmbH have a "Partners' Agreement", "Partnership Agreement" or even "Deed of Partnership" (depending on which dictionary you look in) for their Gesellschaftsvertrag. The "Satzung" is the equivalent for an AG (i.e., a public limited company), which is the Articles of Incorporation (or Association in the UK).
It doesn't matter what kind of companies are forming the joint venture - be they KGs, GbRs, AGs or whatever. What matters is the type of company being formed. I strongly suspect that it would either be a KG or a GmbH, in which case you need to use "Partnership Agreement" here.
Selected response from:
Local time: 11:26
|I guess I unleashed a "heftige Debatte."|
In any event, thanks, Allison.
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3 hrs confidence: peer agreement (net): -2