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Legal Forms of Companies

Private Limited Liability Company (LTD)

Number of partners: Minimum 1 shareholder, maximum 50 shareholders.
Capital (max/min): Approx. EUR 1,165 minimum with at least 20% to be paid upon subscription.
Shareholders and liability: The liability of the partner is limited to the amount of the capital contributed.

Public Limited Liability Company

Number of partners: Minimum 2 shareholders, maximum 50 shareholders.
Capital (max/min): EUR 47,000 minimum with at least 25% to be paid upon subscription.
Shareholders and liability: The liability of the partner is limited to the amount of the capital contributed.

Sole Trader

Number of partners: 1 partner
Capital (max/min): No minimum capital required.
Shareholders and liability: The liability of the partner is unlimited.

General Partnership

Number of partners: Minimum 2 partners, maximum 20 partners.
Capital (max/min): No minimum capital required.
Shareholders and liability: Each partner is personally and indefinitely responsible for the debts and other commitments on behalf of the company.

Limited Partnership

Number of partners: Minimum 2 partners, maximum 20 partners.
Capital (max/min): No minimum capital required.
Shareholders and liability: At least one of the partners is responsible personally and indefinitely for the debts and other commitments on behalf of the company. Sleeping partners' liability is limited to ther contribution.