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Limited Liability Company (LLC) is the most widely used legal form for companies in Germany. This type of legal form is often used by international companies that decide to establish a subsidiary in Germany; also local entrepreneurs choose this organizational and legal form for their small and medium-sized businesses. It combines a relatively small number of commitments with a high degree of flexibility, which allows it to be used in any sector of the economy. The limited liability company is subject to corporate income tax, trade tax and solidarity surcharge. The minimum authorized capital of an LLC is 25,000 euros, with at least 12,500 euros must be confirmed in the bank account at the time of company registration. As the name of this organizational and legal form suggests, shareholders are only responsible for their invested capital, without risking their personal property. http://www.confiduss.com/en/info/blog/article/german-llc-application/