Handelsgesellschaft

A Handelsgesellschaft, or commercial partnership, is a business formed by two or more individuals or entities agreeing to work together for profit. They share responsibilities, liabilities, and profits according to their agreement. It's a legal arrangement recognized under German law, designed to facilitate joint commercial activity, such as running a store, manufacturing, or other trade. The key feature is that the partners pool resources and efforts while being personally responsible for the company's debts and obligations, depending on the partnership type. It provides a structured way for multiple parties to collaborate in business while defining their roles and liabilities.