I have a JDG - I want to limit my liability

Running a sole proprietorship (JDG) involves serious risks to the private assets of the entrepreneur. In this legal form, there is no separation between business and private assets, which means that in the event of financial problems of the business, creditors can reach for all the owner's assets - not only those related to the business, but also private savings, real estate or even joint marital assets. This situation becomes particularly dangerous during periods of economic downturn or in the event of unforeseen fortuitous events that can shake the financial stability of the company.

However, there are effective legal methods to protect the private assets of an entrepreneur. Our law firm will assist you in selecting and implementing an appropriate asset protection strategy tailored to the specifics of your business. We can advise on the conversion of a JDG into another legal form, such as a limited liability company, or propose other legal solutions to minimise the risk of personal liability. It is particularly important to take precautionary measures early enough before any problems arise. Legal adviser Monika Waluk-Zalewska, who specialises in legal advice for sole proprietorships, will help you to effectively secure your personal assets.