GmbB
GmbB is a German abbreviation standing for "Gesellschaft mit beschränkter Berufshaftpflicht". This translates to "Company with limited professional liability". It is a legal form specifically designed for certain liberal professions in Germany, such as lawyers, doctors, architects, and tax advisors.
The primary characteristic of a GmbB is that it combines elements of a partnership (like a GmbH
The GmbB structure aims to provide a corporate framework for professional practices while maintaining the traditional