Ag which country

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Products and Services At AgCountry Farm Credit Services, we work hard to meet the unique financial needs of farmers, ranchers and agribusinesses by providing competitive credit and financial services products. Shareholders' liability is limited to their investment. The shareholders are not responsible for the company's debts, and their assets are protected in case the company becomes insolvent.

Aktiengesellschaft is a German term made up of words meaning share and corporation. An AG is a business owned by shareholders which may be traded on a stock marketplace. Shareholders exercise power over controlling policies at regularly scheduled general meetings. The managing board decides on all operational matters, and the supervisory board carries them out. German companies that are publicly traded are designated as such by the letters 'AG' after the company name.

AG companies trade publicly on stock exchanges with the majority of companies trading on the DAX. Some of the largest German AG corporations include its automotive manufacturers:. Setting up an AG requires five or more members. The business owner will enlist the services of an attorney or bank in preparing documentation for registration. A court or notary will authenticate the articles of association. The required capital is deposited into a banking account, and the notarized documents and signed application submitted to the Commercial Registry Office.

The AG will become a legal entity within seven days if all materials are in order. The Office will issue a certificate of registration, and publish news of the establishment in the Swiss Official Gazette of Commerce. An AG has a managing board of one or more members appointed by and reporting to, the supervisory board of three or more members. An AG employing over workers will have employee representatives occupying one-third of the supervisory board.

If the employee number exceeds 2,, employee representatives will fill half of the board. Also, the articles of association may limit the number of members. GmbH is another common business extension primarily known for its use in Germany. Like most countries, Germany has two distinct classifications for companies: publicly traded and privately held.

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