Regulatory Framework

  • Jens LowitzschEmail author
  • Sophie Dunsch
  • Iraj Hashi


SLs are subject to the 2015 Law on Worker-Owned and Participatory Companies and to regular company law. In general, non-owner workers may not work more than 49% of the hours worked by worker-owners. When a worker-owner leaves the company, his or her shares must be offered for sale internally, with non-shareholding employees having priority. A SL must also allocate 10% of its annual net profit to a Special Reserve Fund; a SL which has allocated 25% may apply for modest tax exemptions and depreciations. Independently, general fiscal incentives for SMEs and newly founded businesses introduced in 2013 also apply to the SL. Government grants facilitate the integration of unemployed persons as worker-owners as well as technical assistance and training; investment in fixed assets and the reimbursement of loan interests are supported by aids and subsidies.


legal framework 2015 reform Social security Fiscal incentives Technical Assistance and Training CONFESAL ASLE 

Copyright information

© The Author(s) 2017

Authors and Affiliations

  1. 1.Europa Universität ViadrinaFrankfurt (Oder)Germany
  2. 2.Business School (Stoke Campus)Staffordshire UniversityStoke on TrentUK

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