(not a legal expert, no guarantees ;)) There are different forms of companies in Germany (GbR, UG, GmbH,...) some of which require personal liability and some

(not a legal expert, no guarantees ;)) There are different forms of companies in Germany (GbR, UG, GmbH,...) some of which require personal liability and some which don't (to some degree). E.g. a GmbH is a limited-liability (at least 25k €). BUT the CEO has to act with diligence. Otherwise (e.g. acting with negligence) they are liable with all of their personal assets. In my non-expert eyes, the CEO of this company would be liable even under the shield of a GmbH.