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A company (v. lat: firmare = authenticate, fasten; shortened: Company) is in the sense of right the name, under which a buyer operates its business, carries its signatures out and complains under whom he and can be sued.

Colloquially company is used also as synonym for enterprises.

The company is a substantial component of the Corporate Identity of companies and larger medium-size enterprises. With an assumption of an enterprise the company can be maintained, if the previous owner agrees.

German right

For the guidance of a company only buyers are entitled after German commercial law. Other manufacturing one can a business designation lead. Such a trade must be registered into the trade register. The company must contain the legal form as additive in each case. The right of the company is regulated in Germany in "§"§ the 17 FF. the commercial code (HGB).

Firm principles

Legal form additive in each case must contain the company an additive, which indicates the legal form of the company, e.g. of e." K., Moon AG, sample GmbH firm truth for outstanding ones must be recognizable, who company owner is and which kind of enterprise is present. No wrong data concerning kind and extent of the company may be indicated. Firm excludingness each company must differ from other companies, which are registered in the trade register already and are in the same district court district. Firm stability around confounding to avoid, can be sold with delivery of the company not alone the name; this is purchasable only if the industry is maintained. Firm public each buyer must let its company register into the trade register. In each business letter the company with legal form additive, setable address must be called and further data.

Firm kinds

Person company as a company indicates a single buyer the name one to his pre and surnames or a society or several partners, e.g. Handle KGaA after the enterprise founder Fritz handle special company as a company is essentially described the activity of the enterprise, e.g. Banking share society mixing companies a combination of person, Fantasie and special company, e.g. Tchibo - Carl Tchilling Hiryan Kaffeebohnen Fantasiefirmen as a company is possibly selected an expression freely, e.g. Infineon

How also with label names used increased internationally functioning art terms become in the course of the globalization, which are out speechable on the one hand in as much as possible languages, on the other hand however in each language positive associations e.g. wake. Novartis that latin the expressions for new and art unites.

Firm additives

Laws, for example the HGB, prescribe that a company must contain an additive, from which the legal form of the enterprise to be seen are.

In Germany there are the following legal form additives:

e." K.registered buyer or registered Kauffrau
e." Kfm.registered buyer
e." Kfr.registered Kauffrau
OHG/oHGOpen commercial company
KgLimited partnership
GmbHLimited company
AGCorporation
SEEuropean corporation (Societas Europaea)
VVaGCooperative insurance company on mutuality
EECregistered cooperative
eGmbHregistered cooperative with limited liability (become outdated)
eGmuHregistered cooperative with unlimited liability (become outdated)
KGaALimited partnership on shares
GmbH & CO. KgLimited partnership with a limited company as
AG & CO. KgLimited partnership with a corporation as
GmbH & CO. KGaALimited partnership on shares with a limited company as
AG & CO. KGaALimited partnership on shares with a corporation as
gGmbHnon-profit limited company

Other additives, e.g. geographical data, are voluntary.

Austrian right

Firm principles

see firm principles (German right)

Firm kinds

see firm kinds (German right)

Firm additives

In Austria the most important legal form additives read:

Form of business organizationLegal form additiveLegal form additive starting from the entry into force of the commercial law reform on 1 January 2007
Single buyer (current) and/or Einzelunternehmer (in the future)no legal form additive" " " more e.U.eingetragener entrepreneur-registered Unternehmerin
Open commercial company (current) and/or open society (in the future)OHG and/or no legal form additiveOG
Limited partnershipKg and/or no legal form additiveKg
Open acquisition companyOEG becomes the open commercial company
Kommandit ErwerbsgesellschaftKEGbecomes the limited partnership
Limited company" " " GmbHGmbH
CorporationAGAG
Cooperativeregistered cooperative" " " registered cooperative
European economic interest combinationEWIVEWIV

See also

  • Marketing
  • Image
  • Etymologie of enterprise names

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