The Handelsgesetzbuch (HGB, in English Commercial Code) contains the core of the commercial law in Germany. It regulates the legal relations of merchants and therefore it is also designated as "the special private law for merchants".
The Bürgerliches Gesetzbuch (BGB) (English Civil Code) is only subsidiary applied to merchants beside the HGB. Beside that the HGB contains the regulations for the Offene Handelsgesellschaft (OHG) (English General partnership), the Kommanditgesellschaft (KG) (English Limited partnership) and the Stille Gesellschaft (stG) (English Dormant partnership).
The Bürgerliches Gesetzbuch, abbreviated BGB, is the civil code of Germany. In development since 1881, it became effective on January 1, 1900, and was considered a massive and groundbreaking project.
HGB provides regulation to accounting for limited companies.
HGB also has a few penal provisions.
The Hanseatic League was a commercial and defensive confederation of merchant guilds and market towns in Northwestern and Central Europe. Growing from a few North German towns in the late 1100s, the league came to dominate Baltic maritime trade for three centuries along the coasts of Northern Europe. Hansa territories stretched from the Baltic to the North Sea and inland during the Late Middle Ages, and diminished slowly after 1450.
Business is the activity of making one's living or making money by producing or buying and selling products. Simply put, it is "any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors."
A civil code is a systematic collection of laws designed to deal with the core areas of private law such as for dealing with business and negligence lawsuits and practices. A jurisdiction that has a civil code generally also has a code of civil procedure. In some jurisdictions with a civil code, a number of the core areas of private law that would otherwise typically be codified in a civil code may instead be codified in a commercial code.
A limited partnership (LP) is a form of partnership similar to a general partnership except that while a general partnership must have at least two general partners (GPs), a limited partnership must have at least one GP and at least one limited partner.
A Kommanditgesellschaft is the German name for a limited partnership business entity and is used in German, Belgian, Dutch, Austrian, some other European legal systems as well as in Japan where it is called as Gōshi Kaisha (GSK)合資会社.
The law of Germany, that being the modern German legal system, is a system of civil law which is founded on the principles laid out by the Basic Law for the Federal Republic of Germany, though many of the most important laws, for example most regulations of the civil code were developed prior to the 1949 constitution. It is composed of public law, which regulates the relations between a citizen/person and the state or two bodies of the state and the private law (Privatrecht) which regulates the relations between two people or companies. It has been subject to a wide array of influences from Roman law, such as the Corpus Juris Civilis, to Napoleonic law, such as the Napoleonic Code.
Emil Moritz Rathenau was a German entrepreneur, industrialist, mechanical engineer. He was a leading figure in the early European electrical industry.
A company, abbreviated as co., is a legal entity made up of an association of people, be they natural, legal, or a mixture of both, for carrying on a commercial or industrial enterprise. Company members share a common purpose, and unite to focus their various talents and organize their collectively available skills or resources to achieve specific, declared goals. Companies take various forms, such as:
Same-sex marriage in Austria has been legal since 1 January 2019, following a decision of the Constitutional Court on 4 December 2017. The country has allowed registered partnerships since 1 January 2010.
German company law (Gesellschaftsrecht) is an influential legal regime for companies in Germany. The primary form of company is the public company or Aktiengesellschaft (AG). A private company with limited liability is known as a Gesellschaft mit beschränkter Haftung (GmbH). A partnership is called a Kommanditgesellschaft (KG).
German labour law refers to the regulation of employment relationships and industrial partnerships in Germany.
An "eG" or eingetragene Genossenschaft is a "registered cooperative society" under German Law. Unregistered cooperatives are also possible in Germany but practically never used in practice. In 2004 there were 5470 registered cooperative societies.
A voluntary group or union is a group of individuals who enter into an agreement, usually as volunteers, to form a body to accomplish a purpose. Common examples include trade associations, trade unions, learned societies, professional associations, and environmental groups.
Andreas von Tuhr (1864–1925) was a Russian-German jurist, whose work on the fundamental conceptions of private law within the civilian tradition has been of lasting significance.
LGBT rights in the European Union are protected under the European Union's (EU) treaties and law. Same-sex sexual activity is legal in all EU states and discrimination in employment has been banned since 2000. However EU states have different laws when it comes to any greater protection, same-sex civil union, same-sex marriage and adoption by same-sex couples.
A partenreederei is a type of partnership under German and German-influenced maritime law for the joint ownership of a merchant vessel. Each partner, or partenreeder, functions as an equity partner, sharing proportionately in the proceeds, as well as the corporate debt of the business—this liability is not limited. This form of ownership is related to the Dutch partenrederij system that ultimately gave rise to joint-stock companies, and dates back to the Middle Ages.
The Sparkasse zu Lübeck AG, based in Lübeck, is one of five free public savings banks that still exist in Germany.
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