Law and data protection
HGB
Abbreviation for Handelsgesetzbuch
In short and in plain language
The HGB is the German code of law for merchants and trading companies.
It covers trade books and bookkeeping, among other things. The accounts at the end of the year are part of it too.
For shops it is a point of reference. This is the case for business records and how long they are kept.
Definition
The HGB is the German Commercial Code for merchants and commercial companies. Among other things it governs commercial books, bookkeeping and annual financial statements. For shops it is a point of reference, for example for business records and retention.