161. Commercial Law Reform

KPMG Germany Webpage
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A major reform of German commercial law was enacted in June 1998. The Law Reforming the Law of Merchants and Company Names and Amending other Provisions of the Commercial Code and Company Law of 22 June 1998 took effect by and large on 1 July 1998. There are detailed transition provisions or different effective dates in many areas, however.

A German language summary of the changes made is found in the August/September 1998 issue of KPMG-Mitteilungen (pp. 2 ff.).

The following is a highly selective list of amendments which may be of interest to certain taxpayers.