By: Rechtsanwalt (Attorney) Carsten Lexa, LL.M. In November 2008 Germany introduced a new type of company – the so-called “Business Company (with limited liability)” (“Unternehmergesellschaft (haftungsbeschränkt)” – UG). Essentially, this is a variation of the highly successful German “Limited Liability Company” (“Gesellschaft mit beschränkter Haftung” – GmbH), and therefore the regulations regarding the Limited Liability Company, set out in the