DE_4956 (CDQ)
DataModel:CDQ/Business Partner/Legal Form/DE 4956
| Property | Value |
|---|---|
| A technical identifier, unique in a certain context. Technical key | DE_4956
|
| Code for a legal form which is defined by the ISO standard ISO 20275:2017. ELF code (ISO 20275) | DE_4956
|
| The country a linked concept is active or generally relevant for. Country scope | DE (Germany) |
| Language-specific name. Monolingual name | Unternehmensgesellschaft (de) |
| Language-specific main abbreviation. Monolingual main abbreviation | U.G. (de) |
| Abbreviation which is also valid and used in practice. Alternative abbreviation | Unternehmergesellschaft (haftungsbeschränkt), UG (haftungsbeschränkt), UG |
| Informal and comprehensive human-readable definition of a concept. Description | An entrepreneurial company with limited liability is a simplified variant of the GmbH requiring as little as one euro in initial share capital, designed to lower barriers for startups and small entrepreneurs. In Germany it must accumulate reserves from annual profits until reaching the standard GmbH minimum capital of €25,000, serving as an accessible entry point for new businesses seeking limited liability protection with minimal founding costs. |
| Category to group legal forms with a similar purpose, beside country-specific aspects. Legal form category | Limited Company |
Mapped controlled vocabulary terms
| Category:ReferenceDataTerm | Technical name | Data source | Description | Parent concept |
|---|---|---|---|---|
| 63KS (LEI) | 63KS | LEI (data source) | Unternehmergesellschaft (German) | entityLegalFormCode (LEI) |