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///Marwan
01-12-1999, 06:05 PM
What on earth is Gmbh????<p><p><p><p>///Marwan

BillK
01-12-1999, 08:01 PM
<i>: What on earth is Gmbh????<p>German abbreviation for "wholly owned subsidiary," as opposed to "AG" which is short for "stock company".<p>BMW AG is a publicly-traded company; BMW M GmbH is a wholly-owned motorsports subsidiary of BMW AG.<br></i>

Patrick FitzGerald
01-13-1999, 09:57 AM
GmbH stands for Gesellschaft mit bestraekter Haftung, which in English is a limited liability company. Most subsidiaries of stockholder owned companies (AG = Aktiengesellschaft) are set up as GmbH, but independent firms may also be limited liability in nature.

lwr
01-15-1999, 09:58 PM
<i>: GmbH stands for Gesellschaft mit bestraekter Haftung, which in English is a limited liability company. </i><p>Almost. GmbH stands for "Gesellschaft mit<br><b>beschraenkter</b> Haftung", but you're right<br>about the rest: it is a company with limited<br>liability, and is a common way for wholly owned<br>subsidiaries to be structured in Germany.<br>


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