Business, tax and funding
KG
Abbreviation for Kommanditgesellschaft
In short and in plain language
A KG is a German limited partnership.
At least one partner is fully liable. The others are liable only up to what they put in.
There is also a special form. In it, a firm with limited liability takes on the full liability.
The legal form is, as a rule, part of the firm's name. It is also on the legal page and in the firm's mails.
Definition
A KG is a German limited partnership: at least one partner is fully liable, the others only up to their contribution. A special form is the GmbH & Co. KG, in which a limited company takes on the personal liability. The legal form suffix is usually stated in the company name, the legal notice and business emails.