A GmbH’s shareholders may resolve on all resolutions

There is no need to observe any
formal notice periods, provided the other shareholders agree. Indeed, there is
no need to hold a meeting at all, unless one of the shareholders insists on doing
so. A proposed resolution can be circulated among the shareholders, and
becomes valid when the last shareholder signs. Individually, the shareholders
of a GmbH may request any information from its directors. The directors may
not refuse the request unless it is made outside working hours or is otherwise
manifestly unreasonable.

The shareholders of a GmbH may also word the
articles of the company to specify transactions or types of transaction that
the directors may only conclude with their approval.