Re:Germany Tries to Catch Up with Startup World
by adwn on Tuesday March 28, 2017 @04:20AM
(#13974969)
Care to elaborate?
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Re:Germany Tries to Catch Up with Startup World
by Mo3 on Tuesday March 28, 2017 @04:46AM
(#13975068)
You are personally responsible and liable for anything that happens. I've nearly gone to jail over this and so has another member here.
Re:Germany Tries to Catch Up with Startup World
by adwn on Tuesday March 28, 2017 @05:15AM
(#13975170)
> You are personally responsible and liable for anything that happens.
So? You are personally responsible and liable for a nearly everything you do in life. Typically, you'll only "go to jail" if you do something seriously wrong, and then the limited liability of a GmbH won't save you (whether you're an owner or an employee).
The limited liability of a GmbH refers mostly to financial liabilities in case of bankruptcy, not to, e.g., criminal negligence.