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From our daily practice as scholars, consultants and entrepreneurs
we know how critical it is to make the right decisions that can
shape the future of a company. One of the earliest of such
decisions is surely the selection of the appropriate legal form as
it is hardly reversible and has major implications on the running
business. Accordingly, we can nd a wealth of information about the
pros and cons of speci c legal forms. However, so far there is only
scarce information available once you decide to enter a foreign
market. There are offerings, e.g. from the Chambers of Commerce and
you can search the Internet. When information is provided in the
local language, comprehension becomes dif cult. Furthermore, the
material that is available today only seldom allows for a
structured analysis and comparison of legal forms in different
countries. From discussions with entrepreneurs we know that this
situation has not only been cumbersome for us, but actually
everybody who is thinking about starting up a business or widening
the operations across country borders is faced with the complex
task of deciding on a legal form.
From our daily practice as scholars, consultants and entrepreneurs
we know how critical it is to make the right decisions that can
shape the future of a company. One of the earliest of such
decisions is surely the selection of the appropriate legal form as
it is hardly reversible and has major implications on the running
business. Accordingly, we can nd a wealth of information about the
pros and cons of speci c legal forms. However, so far there is only
scarce information available once you decide to enter a foreign
market. There are offerings, e.g. from the Chambers of Commerce and
you can search the Internet. When information is provided in the
local language, comprehension becomes dif cult. Furthermore, the
material that is available today only seldom allows for a
structured analysis and comparison of legal forms in different
countries. From discussions with entrepreneurs we know that this
situation has not only been cumbersome for us, but actually
everybody who is thinking about starting up a business or widening
the operations across country borders is faced with the complex
task of deciding on a legal form.
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