Limited Liability Instead of the Freelancer Loophole
Most web service providers in Ravensburg are individual freelancers, sole proprietorships, or general partnerships (GbR). This works fine until the day comes—then you’re left high and dry. A limited liability company (GmbH) has a succession plan, business liability insurance, and a requirement to prepare financial statements. This is a serious consideration when dealing with B2B clients who have multi-year maintenance contracts.