Laws, courts and authorities
HGB
Abbreviation for Handelsgesetzbuch
In short and in plain language
The HGB is the German law for merchants and trading firms.
It covers, for example, the firm name, the trade register and bookkeeping. It also says who is liable when someone takes over a firm.
This can matter for a firm. Think of the details that must be in emails, or of passing a firm on.
Definition
The HGB is the German Commercial Code for merchants and trading companies. Among other things, it governs company names, the commercial register, bookkeeping and liability when a business is taken over. For a business it can matter for mandatory details in emails or for a business succession.