12 July 2023Vienna

Legal Perspectives: Flex(Kap) - (R)evolution of the limited liability company?

A draft law on flexible corporations (flexible Kapitalgesellschaften) and employee participation is currently causing quite a stir in both the start-up and legal scene.

 

 

On Wednesday, July 12, 2023 CERHA HEMPEL invited to another event of the Legal Perspectives event series at the Bel Etage. This time, the main topic focused on the draft legislation of the flexible corporation ("FlexKapG" or "FlexCo") as a new type of company supposed to be particularly attractive for startups as well as innovative small and medium-sized enterprises.

The evening was kicked off by CERHA HEMPEL Managing Partner Clemens Hasenauer.

Afterwards the CERHA HEMPEL experts Lorenz Pracht (Partner), Benjamin Twardosz (Partner) and Tobias Tangl (Senior Associate) presented the the key aspects of the draft legislation from a corporate and tax law perspective, including the opportunities it presents and potential pitfalls,

This was followed by a lively panel discussion with Martin Rohla (Founder and CEO Goodshares), moderated by CERHA HEMPEL partner Heinrich Foglar-Deinhardstein.