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LLC - Limited liability company GmbH - Society with limited liability (german, translated) This liability shield is by design.
by throwawayqqq11 1y ago
LLC - Limited liability company
GmbH - Society with limited liability (german, translated)
This liability shield is by design.
- genocidicbunny 1y agoAnd yet, we still have the ability to pierce the liability veil. Heck, it's even in the name, "limited liability". Not "no liability".
- zufallsheld 1y agoThe ceo (Geschäftsführer) is liable when they when they intentionally break the law so the limited liability is not applicable then.
- account42 1y agoLimited liability doesn't mean no liability. It means that you don't personally pay for damages due to mistakes not that you get to wantonly do crime without personal consequences.