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New legal form focuses on sustainable value creation

Is it coming or not? It is still only available as a draft law, but it's soon to become reality: the new legal form of company adopted by the current coalition government, the limited liability company with tied assets, or GmbH-gebV for short.  The background: A growing number of companies - established family businesses as well as start-ups - want to ensure the independence and continued existence of their companies in terms of sustainable value creation and want a family-independent form of responsible ownership. But the details of the law are still unclear.

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