• Mehr als 3 Millionen Wörter Inhalt
  • |
  • info@itmedialaw.com
  • |
  • Tel: 03322 5078053
Rechtsanwalt Marian Härtel - ITMediaLaw

No products in the cart.

  • en English
  • de Deutsch
  • Informationen
    • Ideal partner
    • About lawyer Marian Härtel
    • Quick and flexible access
    • Principles as a lawyer
    • Why a lawyer and business consultant?
    • Focus areas of attorney Marian Härtel
      • Focus on start-ups
      • Investment advice
      • Corporate law
      • Cryptocurrencies, Blockchain and Games
      • AI and SaaS
      • Streamers and influencers
      • Games and esports law
      • IT/IP Law
      • Law firm for GMBH,UG, GbR
      • Law firm for IT/IP and media law
    • The everyday life of an IT lawyer
    • How can I help clients?
    • Testimonials
    • Team: Saskia Härtel – WHO AM I?
    • Agile and lean law firm
    • Price overview
    • Various information
      • Terms
      • Privacy policy
      • Imprint
  • Services
    • Support and advice of agencies
    • Contract review and preparation
    • Games law consulting
    • Consulting for influencers and streamers
    • Advice in e-commerce
    • DLT and Blockchain consulting
    • Legal advice in corporate law: from incorporation to structuring
    • Legal compliance and expert opinions
    • Outsourcing – for companies or law firms
    • Booking as speaker
  • News
    • Gloss / Opinion
    • Law on the Internet
    • Online retail
    • Law and computer games
    • Law and Esport
    • Blockchain and web law
    • Data protection Law
    • Copyright
    • Labour law
    • Competition law
    • Corporate
    • EU law
    • Law on the protection of minors
    • Tax
    • Other
    • Internally
  • Podcast
    • ITMediaLaw Podcast
  • Knowledge base
    • Laws
    • Legal terms
    • Contract types
    • Clause types
    • Forms of financing
    • Legal means
    • Authorities
    • Company forms
    • Tax
    • Concepts
  • Videos
    • Information videos – about Marian Härtel
    • Videos – about me (Couch)
    • Blogpost – individual videos
    • Videos on services
    • Shorts
    • Podcast format
    • Third-party videos
    • Other videos
  • Contact
Kurzberatung
  • Informationen
    • Ideal partner
    • About lawyer Marian Härtel
    • Quick and flexible access
    • Principles as a lawyer
    • Why a lawyer and business consultant?
    • Focus areas of attorney Marian Härtel
      • Focus on start-ups
      • Investment advice
      • Corporate law
      • Cryptocurrencies, Blockchain and Games
      • AI and SaaS
      • Streamers and influencers
      • Games and esports law
      • IT/IP Law
      • Law firm for GMBH,UG, GbR
      • Law firm for IT/IP and media law
    • The everyday life of an IT lawyer
    • How can I help clients?
    • Testimonials
    • Team: Saskia Härtel – WHO AM I?
    • Agile and lean law firm
    • Price overview
    • Various information
      • Terms
      • Privacy policy
      • Imprint
  • Services
    • Support and advice of agencies
    • Contract review and preparation
    • Games law consulting
    • Consulting for influencers and streamers
    • Advice in e-commerce
    • DLT and Blockchain consulting
    • Legal advice in corporate law: from incorporation to structuring
    • Legal compliance and expert opinions
    • Outsourcing – for companies or law firms
    • Booking as speaker
  • News
    • Gloss / Opinion
    • Law on the Internet
    • Online retail
    • Law and computer games
    • Law and Esport
    • Blockchain and web law
    • Data protection Law
    • Copyright
    • Labour law
    • Competition law
    • Corporate
    • EU law
    • Law on the protection of minors
    • Tax
    • Other
    • Internally
  • Podcast
    • ITMediaLaw Podcast
  • Knowledge base
    • Laws
    • Legal terms
    • Contract types
    • Clause types
    • Forms of financing
    • Legal means
    • Authorities
    • Company forms
    • Tax
    • Concepts
  • Videos
    • Information videos – about Marian Härtel
    • Videos – about me (Couch)
    • Blogpost – individual videos
    • Videos on services
    • Shorts
    • Podcast format
    • Third-party videos
    • Other videos
  • Contact
Rechtsanwalt Marian Härtel - ITMediaLaw

Establish a blockchain limited liability company? Does that

1. February 2023
in Blockchain and web law, Corporate
Reading Time: 2 mins read
0 0
A A
0
blockchain g1d8414e2b 1920
Key Facts
  • Blockchain technology poses major challenges for lawyers in Germany, particularly with regard to tokens and smart contracts.
  • The final report of the Federal Ministry of Justice examines the use of blockchain in company law.
  • Discussion about the possibility of a blockchain GmbH, but notarial involvement is required.
  • Freedom of organization in the internal relationship of the GmbH could enable blockchain models for investors without making them shareholders.
  • Internal use of blockchain for voting rights and smart contracts could automate future processes
  • Legislators could change processes to facilitate the use of blockchain for the shareholder list
  • The possibilities of blockchain seem futuristic, but are promising for lawyers and start-ups.

What is it all about?

Content Hide
1. What is it all about?
2. Blockchain and limited liability company law?
3. Blockchain for internal use?
4. Conclusion
4.1. Author: Marian Härtel

As we have often read here on the blog, blockchains (no matter from which provider and on which technical basis), their technology and ideology pose major challenges for us lawyers in Germany. This starts with tokens and the question of whether and which supervisory law is now applicable, continues with the exciting questions of how exactly “smart contracts” are actually to be treated or what legal nature NFTs have, and ends with highly complex legal problems surrounding DAOs.

I encountered a similarly funny problem when I read the just published final report of the Federal Ministry of Justice on “THE APPLICATION OF BLOCKCHAIN TECHNOLOGY IN CORPORATE AND GOVERNMENT LAW”. You can find the full document here. The report explores many intriguing questions about what corporate law matters could be mapped onto a blockchain (or using DLT in general).

Blockchain and limited liability company law?

Among other things, it is being discussed whether something like a blockchain limited liability company would be possible. Now, most readers are probably aware that a limited liability company can only be established, amended and, in the broadest sense, administered with the assistance of a notary public. A transfer of shares by handing over a security, for example, is not provided for. This would possibly only be possible with a stock corporation, which I will deal with soon. However, there is extensive freedom of design for the regulations in the internal relationship of the GmbH pursuant to §§ 46 et seq. GmbHG (German Limited Liability Companies Act). Things like third-party participation, e.g., via trust constructions or silent partnerships, which can also influence the voting rights of shareholders entered in the commercial register, would therefore be perfectly mappable on a blockchain. At least if one initially disregards the problem of registration in the transparency register or regulatory issues such as the German Investment Act.

So for startups, this could be quite interesting to tie investors to the company without making them full-fledged shareholders. Business partners could also be tied to the company in this way, e.g. influencers/streamers at an influencer agency (note: I am currently evaluating something similar with a client).

But the other list of shareholders could also be kept on a blockchain, even if the law would not – yet – exempt the managing directors from the obligation to create it. However, the legislature could change this. This could be useful because, for example, an authorization in the previous submission to the notary could be solved using blockchain technology.

Blockchain for internal use?

It is exciting that the final report addresses the internal usability of blockchain technology in a limited liability company. In addition to the voting rights mentioned there, the use of a charter in the form of a smart contract would also be entirely conceivable. Ultimately, things such as profit distribution, responsibilities within the framework of rules of procedure, internal financial limits of a managing director or shareholders’ meetings (including invitations to these) + voting rights could be mapped automatically and securely. Even though we are probably still a few years away from implementation here, this is highly exciting.

Conclusion

The possibilities mentioned in the final report may still sound very futuristic to seasoned corporate lawyers. As a “legal nerd”, however, I find the possibilities very exciting and am convinced that both legislators and lawyers – and, of course, startups – should take a serious look at the possibilities.

Marian Härtel
Author: Marian Härtel

Marian Härtel ist Rechtsanwalt und Fachanwalt für IT-Recht mit einer über 25-jährigen Erfahrung als Unternehmer und Berater in den Bereichen Games, E-Sport, Blockchain, SaaS und Künstliche Intelligenz. Seine Beratungsschwerpunkte umfassen neben dem IT-Recht insbesondere das Urheberrecht, Medienrecht sowie Wettbewerbsrecht. Er betreut schwerpunktmäßig Start-ups, Agenturen und Influencer, die er in strategischen Fragen, komplexen Vertragsangelegenheiten sowie bei Investitionsprojekten begleitet. Dabei zeichnet sich seine Beratung durch einen interdisziplinären Ansatz aus, der juristische Expertise und langjährige unternehmerische Erfahrung miteinander verbindet. Ziel seiner Tätigkeit ist stets, Mandanten praxisorientierte Lösungen anzubieten und rechtlich fundierte Unterstützung bei der Umsetzung innovativer Geschäftsmodelle zu gewährleisten.

Tags: BlockchainBlogCommercial registerContractCorporateInfluencerInvestorNerdSecuritiesSmart contractStartupsTestVerträge

Weitere spannende Blogposts

Cancellation button must be possible without login

Online services: Don’t forget the cancellation button!
24. September 2024

In its final judgment of 30.07.2024 (Ref. 3 U 2214/23), the Nuremberg Higher Regional Court made important clarifications regarding the...

Read moreDetails

Telefonica must pay out 225,000 euros in Easy Money credit to customers

Telefonica must pay out 225,000 euros in Easy Money credit to customers
7. November 2022

The 8th Senate of the Munich Higher Regional Court ruled that a Telefonica Germany customer should receive 224,840.02 euros plus...

Read moreDetails

Meanwhile: more than 1000 articles on IT/IP legal issues on the blog

Meanwhile: more than 1000 articles on IT/IP legal issues on the blog
6. September 2019

In the meantime, there are more than 1000 articles on IT legal issues, in particular on competition law, copyright, trademark...

Read moreDetails

Blockchain gaming and the French Jonum Law

Blockchain in computer games – a new playing field for lawyers?
13. August 2024

Blockchain Gaming and the French Jonum Law in the light of the EU MiCAR Regulation On itmedialaw.com, I don't normally...

Read moreDetails

Online marketplaces will be liable for VAT in 2019. of their sellers

Choice of law by general terms and conditions not surprising per se
20. December 2018

Operators of marketplaces on the Internet should remember an important change in the VAT Act from 1 January 2019. With...

Read moreDetails

Energy suppliers may not only offer direct debit online

No more free tissues at the pharmacy?
7. November 2022

Energy suppliers must offer consumers various payment options before they order an electricity rate online - including a payment method...

Read moreDetails

BGH: Amazon is not liable for errors of affiliates

Purchased reviews on Amazon
26. January 2023

The Federal Court of Justice has ruled that the operator of an affiliate program is not liable for the misleading...

Read moreDetails

Navigating AI Generators: Liability, disclosure, and the need for regulation

Navigating AI Generators: Liability, disclosure, and the need for regulation
25. May 2023

Introduction In my daily work as a technology and media law attorney, I come into contact with various forms of...

Read moreDetails

GAME founds exploitation company!

GAME founds exploitation company!
31. May 2023

In an exciting but certainly trend-setting development, the GAME Bundesverband, the leading association of the German computer games industry, has...

Read moreDetails
Eigentum an Software – Wem gehört eigentlich der Code?
Copyright

Eigentum an Software – Wem gehört eigentlich der Code?

14. July 2025

Während ich an meinem eigenen WordPress-Plugin code, taucht immer wieder eine Frage auf: Gehört mir diese Software wirklich? Im Alltagsverständnis...

Read moreDetails
Startup ohne Entwickler?

Startup ohne Entwickler?

8. July 2025
Keine stillschweigende AGB-Änderung – Schweigen gilt nicht als Zustimnung

Keine stillschweigende AGB-Änderung – Schweigen gilt nicht als Zustimnung

7. July 2025
So langsam nimmt der Shop Form an

So langsam nimmt der Shop Form an

3. July 2025
Dark Patterns: UX-Tricks im Visier von Gesetzgeber und Gerichten

Dark Patterns: UX-Tricks im Visier von Gesetzgeber und Gerichten

2. July 2025

Podcastfolge

Auf der dunklen Seite? Ein Rechtsanwalt im Spannungsfeld innovativer Startups

Auf der dunklen Seite? Ein Rechtsanwalt im Spannungsfeld innovativer Startups

25. September 2024

In dieser persönlichen und fesselnden Episode taucht der erfahrene IT- und Medienrechtsanwalt tief in die Grauzone seiner beruflichen Tätigkeit ein....

Read moreDetails
Leben als IT-Anwalt, Work-Life Balance, Familie und meine Karriere

Leben als IT-Anwalt, Work-Life Balance, Familie und meine Karriere

25. September 2024
Das Metaverse – Rechtliche Herausforderungen in virtuellen Welten

Das Metaverse – Rechtliche Herausforderungen in virtuellen Welten

25. September 2024
eda7ba83 c559 4e68 8441 41159a0751f3

Blitzskalierung und rechtliche Herausforderungen: Der Balanceakt für Startups

20. April 2025
Die Romantisierung des Prinzips ‘Fail Fast’ in Startups – Wann wird Scheitern zur Täuschung gegenüber Beteiligten?

Die Romantisierung des Prinzips ‘Fail Fast’ in Startups – Wann wird Scheitern zur Täuschung gegenüber Beteiligten?

20. April 2025

Video

Mein transparente Abrechnung

Mein transparente Abrechnung

10. February 2025

In diesem Video rede ich ein wenig über transparente Abrechnung und wie ich kommuniziere, was es kostet, wenn man mit...

Read moreDetails
Faszination zwischen und Recht und Technologie

Faszination zwischen und Recht und Technologie

10. February 2025
Meine zwei größten Herausforderungen sind?

Meine zwei größten Herausforderungen sind?

10. February 2025
Was mich wirklich freut

Was mich wirklich freut

10. February 2025
Was ich an meinem Job liebe!

Was ich an meinem Job liebe!

10. February 2025
  • Privacy policy
  • Imprint
  • Contact
  • About lawyer Marian Härtel
Marian Härtel, Rathenaustr. 58a, 14612 Falkensee, info@itmedialaw.com

Marian Härtel - Rechtsanwalt für IT-Recht, Medienrecht und Startups, mit einem Fokus auf innovative Geschäftsmodelle, Games, KI und Finanzierungsberatung.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Informationen
    • Ideal partner
    • About lawyer Marian Härtel
    • Quick and flexible access
    • Principles as a lawyer
    • Why a lawyer and business consultant?
    • Focus areas of attorney Marian Härtel
      • Focus on start-ups
      • Investment advice
      • Corporate law
      • Cryptocurrencies, Blockchain and Games
      • AI and SaaS
      • Streamers and influencers
      • Games and esports law
      • IT/IP Law
      • Law firm for GMBH,UG, GbR
      • Law firm for IT/IP and media law
    • The everyday life of an IT lawyer
    • How can I help clients?
    • Testimonials
    • Team: Saskia Härtel – WHO AM I?
    • Agile and lean law firm
    • Price overview
    • Various information
      • Terms
      • Privacy policy
      • Imprint
  • Services
    • Support and advice of agencies
    • Contract review and preparation
    • Games law consulting
    • Consulting for influencers and streamers
    • Advice in e-commerce
    • DLT and Blockchain consulting
    • Legal advice in corporate law: from incorporation to structuring
    • Legal compliance and expert opinions
    • Outsourcing – for companies or law firms
    • Booking as speaker
  • News
    • Gloss / Opinion
    • Law on the Internet
    • Online retail
    • Law and computer games
    • Law and Esport
    • Blockchain and web law
    • Data protection Law
    • Copyright
    • Labour law
    • Competition law
    • Corporate
    • EU law
    • Law on the protection of minors
    • Tax
    • Other
    • Internally
  • Podcast
    • ITMediaLaw Podcast
  • Knowledge base
    • Laws
    • Legal terms
    • Contract types
    • Clause types
    • Forms of financing
    • Legal means
    • Authorities
    • Company forms
    • Tax
    • Concepts
  • Videos
    • Information videos – about Marian Härtel
    • Videos – about me (Couch)
    • Blogpost – individual videos
    • Videos on services
    • Shorts
    • Podcast format
    • Third-party videos
    • Other videos
  • Contact
  • en English
  • de Deutsch
Kostenlose Kurzberatung