Partnership company (Partnerschaftsgesellschaft, PartG)
Also: Partnerschaftsgesellschaft, PartG, PartG mbB, Partnerschaft, professional partnership
In short
The partnership company (PartG) is a company in which members of the liberal professions join together to practise their professions, entered in the Partnerschaftsregister. For professional errors, only the partner who handled the engagement is liable alongside the company.
Partnership company (Partnerschaftsgesellschaft, PartG) explained
Only natural persons can be partners, and the PartG does not carry on a commercial business (Sec. 1 (1) PartGG). Otherwise, the rules of the GbR largely apply. For other debts, such as office rent, all partners are liable as joint and several debtors (Sec. 8 (1) PartGG). Liability for professional errors, by contrast, is concentrated on the partners who handled the engagement, except for contributions of minor importance (Sec. 8 (2) PartGG). If the partnership maintains statutory professional liability insurance, only the company is liable for professional errors; its name then carries the suffix "mbB" (Sec. 8 (4) PartGG). Whether a profession may use the PartG is governed by its professional rules.
