Limited Liability Company (GmbH)
As the name suggests, with a limited liability company (GmbH) the proprietors only assume limited liability (share capital, not their personal assets).
A limited liability company, LLC (GmbH) is a company with its own legal personality formed by at least one or more individuals or companies with a predetermined capital (nominal capital). Each partner participates by paying in an initial share of the capital. The partner's liability is limited to the predetermined nominal capital.