MoMiG

2. Introducing a ‘model’ articles of association – simplified templates that combine the articles, the appointment of directors and the shareholders’ list into one document;
3. Accelerating registration of companies;
4. Transferring administration headquarters abroad – increase the ability of German companies to do business outside of Germany and provide an attractive option for them to manage their foreign subsidiaries within the GmbH form;
5. Increasing importance of shareholder list – only those persons who are on the shareholder list filed will be considered shareholders of a GmbH and be entitled to voting and dividend rights;
6. Acquiring shares in good faith – the shareholder list filed with the register will also become the basis for a bona fide acquisition of shares;
7. Facilitating cash pooling – a return to the balance sheet view;
8. Deregulating the law on shareholder loans – all shareholder loans can repaid during a financial crisis but prior to insolvency, and during insolvency will be subordinated to other creditors’ claims;
9. Suppressing abuse – provisions against abuse of company law.