DE_7653 (CDQ)
DataModel:CDQ/Business Partner/Legal Form/DE 7653
| Property | Value |
|---|---|
| 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:ReferenceDataTerm | Technical name | Data source | Description | Parent concept |
|---|---|---|---|---|
| 8Z6G (LEI) | 8Z6G | LEI (data source) | Kommanditgesellschaft (German) | entityLegalFormCode (LEI) |