A Gesellschaft mit beschränkter Haftung, meaning "company with limited liability", is a type of legal entity very common in Germany, Austria, Switzerland, and Liechtenstein. It is an entity broadly equivalent with the private limited company in the United Kingdom and many Commonwealth countries, and the limited liability company (LLC) in the United States. The name of the GmbH form emphasizes the fact that the owners of the entity are not personally liable or credible for the company's debts. GmbHs are considered legal persons under German, Swiss, and Austrian law. Other variations include mbH, and gGmbH for non-profit companies.
