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A one man company is a union of all shares (or common shares in the case of the GmbH) in one hand. The one man company replaces the missing institution of the sole proprietorship with limited liability and has the effect of separating the assets of a single person into private assets and as an independent sole proprietorship as a legal entity.

Term-Nr.: 616

German: One man company (584)

Source: LK-Lötscher, 11.05.2020

Notice: The contents of this terminology collection Lawpedia® with a focus on business law (especially financial market law) have been researched with great care and compiled on the basis of an extensive flash card, training materials and literature. The various sources (as far as they could be found) can be found in the abbreviations and source references. References to other sources are welcome. Despite the care taken, the provider cannot accept any liability for the accuracy, completeness and topicality of the information provided. The information is of a general nature in particular and does not constitute legal advice in individual cases.

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