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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

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