GmbH stands for Gesellschaft mit beschränkter Haftung.  It is one of the possible ways to register a company in Germany.

Companies that are formed as GmbH have one or more Geschäftsführer.  They have a limited liability which is declared when the company is founded and entered into the Handelsregister.

AG stands for Aktiengesellschaft.  It is another way to register a company in Germany.  It is roughly equivalent to a PLC (public limited company) in the UK, or a Corporation in the USA.

An AG has a Vorstand and an Aufsichtsrat – the board of directory and the supervisory board.

To hear a simple explanation and a short discussion in German, listen to the podcast:

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