Limitation of liability

This sub-category deals with limited liability. Limited liability is a key concept in corporate law that limits the personal financial responsibility of entrepreneurs and investors. It explains how different corporate forms limit the liability of their owners to the capital contributed to the company, thereby protecting personal assets. This category highlights the mechanisms of Limitation of liability in different legal formstheir advantages and disadvantages as well as the legal requirements and limits. It is particularly important for entrepreneurs who want to minimize the financial risk of their business activities and offers insights into the balance between entrepreneurial freedom and legal responsibility.