DE_7653 (CDQ)

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DataModel:CDQ/Business Partner/Legal Form/DE 7653
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A technical identifier, unique in a certain context. Technical key DE_7653
Code for a legal form which is defined by the ISO standard ISO 20275:2017. ELF code (ISO 20275) DE_7653
The country a linked concept is active or generally relevant for. Country scope DE (Germany)
Language-specific name. Monolingual name Kommanditgesellschaft (de)
Language-specific main abbreviation. Monolingual main abbreviation KG (de)
Abbreviation which is also valid and used in practice. Alternative abbreviation K.G.
Informal and comprehensive human-readable definition of a concept. Description A limited partnership combines one or more general partners with unlimited liability managing the business with limited partners whose risk is capped at their capital contribution. In Germany it is the second most common business form after the GmbH, favored by family businesses, trading companies and professional practices for its tax transparency, flexible profit distribution and operational simplicity while offering limited liability protection to passive investors.
Category to group legal forms with a similar purpose, beside country-specific aspects. Legal form category Limited Partnership

Mapped controlled vocabulary terms

Category:ReferenceDataTermTechnical nameData sourceDescriptionParent concept
8Z6G (LEI)8Z6GLEI (data source)Kommanditgesellschaft (German)entityLegalFormCode (LEI)