GmbH & Co. KG
Business & Finance abbreviation · Company Type
| Stands for | GmbH & Compagnie Kommanditgesellschaft (limited partnership whose general partner is a limited company) |
|---|---|
| Categories | Business & Finance |
GmbH & Co. KG stands for GmbH & Compagnie Kommanditgesellschaft (limited partnership whose general partner is a limited company), a company type abbreviation.
German hybrid business form in which a GmbH serves as the general partner of a limited partnership, so that no individual has unlimited liability while the business keeps partnership tax treatment. It is extremely common among German family-owned Mittelstand companies.
Example: The supplier's full legal name, ending in GmbH & Co. KG, must appear on every invoice and order form.
Usage notes
The GmbH, often called the Komplementär-GmbH, manages the partnership, while family members typically hold the limited partner interests. German courts accepted the structure in the early twentieth century, and it became widespread for tax and liability reasons. Variants include AG & Co. KG and SE & Co. KG.
Related abbreviations
More company type abbreviations
- DBA – Doing business as
- e.V. – Eingetragener Verein (registered association)
- FZCO – Free zone company
- FZE – Free zone establishment
- GK – Gōdō kaisha (limited liability company)
- GmbH – Gesellschaft mit beschränkter Haftung (company with limited liability)
- GP – General partnership
- Inc. – Incorporated
- JSC – Joint-stock company
- Kft. – Korlátolt felelősségű társaság (limited liability company)
- KG – Kommanditgesellschaft (limited partnership)
- KGaA – Kommanditgesellschaft auf Aktien (partnership limited by shares)