Articles Of Association Of A Limited Liability Company Template for Germany

1. Advisory Board: Provisions for establishing and operating an advisory board, used when additional oversight is desired

2. Supervisory Board: Required for larger GmbHs with 500+ employees, optional for smaller ones

3. Non-Competition: Restrictions on shareholders' competing activities, used when protecting company interests

4. Tag-Along Rights: Minority shareholder protection provisions, used in companies with multiple shareholders

5. Drag-Along Rights: Majority shareholder exit provisions, useful for future sale scenarios

6. Deadlock Resolution: Procedures for resolving shareholder disputes, important for companies with equal shareholders

7. Additional Capital Contributions: Rules for additional funding requirements, useful for companies expecting future capital needs

8. Virtual Shares: Provisions for employee participation programs, used when planning employee incentives

1. List of Shareholders: Detailed information about shareholders including names, addresses, and shareholdings

2. Initial Business Plan: Initial business concept and financial projections (optional but common)

3. Specimen Signatures: Signature specimens of initial managing directors

4. Shareholders' Contributions: Detailed description of initial contributions, especially for non-cash contributions

5. Powers of Managing Directors: Detailed list of actions requiring shareholder approval