Capital of a GmbH is not issued in the form of
By contrast, the capital of a GmbH is not issued in the form of
certifcates. Shareholders can acquire several shares, the par
value of the shares (with the exception of the minimum amount
of € 1) and the number of shares can be determined at liberty.
The share in a GmbH may be transferred by assignment or upon
inheritance. Any contractual transfer of ownership must be
notarized and can be made conditional upon the consent of the
GmbH or other holders of shares or any other restriction stipulat-
ed in the articles of association.
Any changes in the composition
of shareholders holding shares or in the number of shares they
hold are effective for the corporation only after they have been
added to the list of shareholders in the commercial register.