German Asset-Locked Company Plan Draws Succession Expert Warning
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Bonn – November 03, 2026 -- Germany's planned "Gesellschaft mit gebundenem Vermögen" would lock company assets into the entity permanently and make that decision irreversible, according to a framework concept presented in March 2026. Succession adviser Thorsten Luber of Luber Consulting warns that the model could erode flexibility, innovation incentives and access to financing.
Framework concept bars profit distribution and share transfers
Under the federal government's draft, profits generally could not be distributed to members. Membership would be personal and, as a rule, neither freely transferable nor inheritable. A later lifting of the asset lock would be excluded.