Earlier quoted context omitted.
In Switzerland and Germany there's a difference between an AG (Aktiengesellschaft) and a GmbH (Gesellschaft mit beschränkter Haftung). Both have more or less the same tax and structural advantage (like limited liability, a far easier time to get acknowledged by social security, etc) The main difference is capital requirements and more formality for the AG. For example: The law requires yearly external audits for an A…
> It could be different in Germany. Nice overview(s) for Germany and most other countries with comparisons where appropriate. Regarding the AG in Germany and required regular external auditing, in my university course where I learned about the charasteristics of the most common German legal entities [0], there was no such requirement listed or talked about, maybe that's only for Switzerland? The GmbH on the other han…
Forgot to insert the following link after the above sentence and can't edit anymore:
https://en.wikipedia.org/wiki/List_of_legal_entity_types_by_...