Gesellschaft mit beschränkter Haftung

Gesellschaft mit beschränkter Haftung (pronounced [gəˈzɛlʃaft mɪt bəˈʃʁɛŋktɐ ˈhaftʊŋ], abbreviated GmbH [geː ʔɛm beː haː], in Austria also GesmbH or Ges.m.b.H.), which is German for "company with limited liability", is a type of legal entity very common in Germany, Austria, Switzerland and Liechtenstein. The name of the GmbH form emphasizes the fact that the owners (Gesellschafter, also known as members) of the entity are not personally liable for the company's debts.GmbHs are considered legal persons under German and Austrian law. Other variations include mbH (used when the term Gesellschaft is part of the company name itself), and gGmbH (gemeinnützige GmbH) for non-profit companies.

The GmbH has become the most common corporation form in Germany, since the AG (Aktiengesellschaft), the other major company form corresponding to a stock corporation, was much more complicated to form and operate until recently.

History

The laws governing this type of legal entity were adopted in Germany in 1892, and in Austria in 1906. The concept of limited liability created by these laws inspired the legal establishment of the limited liability company form in other countries, although the concept of a limited liability company already existed in the United Kingdom.

Musik

Musik may refer to:

Musik (song)

"Musik" (English translation: "Music") was the Austrian entry at the Eurovision Song Contest 1971, performed in Viennese (a dialect of German spoken in Vienna) by Marianne Mendt.

The song was performed first on the night (followed by Malta's Joe Grech with "Marija l-Maltija"). At the close of voting, it had received 66 points, placing it 16th in a field of 18.

The song is about the ubiquity of music, although as Mendt sings, "it is often sold as something else".Orchestration-wise, the lyrics "feel the beat" referred to the birds flying over the lake and "feel the drum" referred to the plane flying overhead.

The song was succeeded as Austrian representative in the 1972 Contest by Milestones performing "Falter im Wind".

Musik (album)

Musik is the second studio album by the Canadian electronic music artist Richie Hawtin as Plastikman. It was released on November 8th, 1994 through Plus 8 records and Novamute records. Musik was released to wide critical acclaim and is considered by many to be Richie Hawtin's best album as Plastikman. It presents both his bass driven ambiance and his stripped down beat experiments.

Track listing

References

Personnel