Not an easy thing is often German entrepreneurs in the United States business law. It should be for start-ups but not a book with seven seals. Finally, also the type of company they founded decides the possibilities, one then has with the company or not just. The LLC & co. KG is a special form of the company.
In principle, it is a limited partnership under German law, whose Komplementar is an American limited liability company (LLC). For the founder of the company is”the advantage of the corporate form in it, Max Karagoz by the service provider for business start-ups ALTON LLC (www.us-corporation.org) reveals that he secures additional donors, without losing too much sovereignty as managers”. KG and GmbH & co. KG an LLC & co. KG is a special variant of the limited partnership (KG) in principle. Limited partnerships consist of at least two shareholders: a general partner and a Limited partners.
Complementary are called also trader, because they stick with their private assets to liabilities of the company. They control the company and must not share their sovereignty with the other shareholders: the limited shareholders. Limited partners participate financially in the company and in the company’s success. They can have little influence on enterprise policy and are liable for only each with their deposits, which is why they are called Teilhafter. Would you take the risk not as an entrepreneur, to stick with his private fortune as a trader of a limited partnership you can opt for a GmbH & co. KG. In this case, to set up a company with limited liability (GmbH). This company then takes the position of the general partner of a limited partnership rather than the contractor. Trader of the partnership is a different society, whose Haftung is limited. The assets of the founder of the company is protected. The founding a limited liability company assumes the role of GmbH with the partnership of LLC & Co KG LLC & co.