What is a GmbH? The most popular German limited liability company explained
Summary The GmbH (Gesellschaft mit beschränkter Haftung) is a German limited liability company form that protects shareholders by limiting liability to the company’s assets. It requires a minimum share capital of €25,000, of which at least €12,500 must be paid in before registration. The formation process includes a notarisation, registration in the Commercial Register as …
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Cost of setting up a UG in Germany: How much do you need?
Summary Setting up a UG (haftungsbeschränkt) typically costs between €540 and €1,200. The main factors influencing the total are the formation type (standard vs. custom articles), your chosen share capital, and the number of founders and managing directors. Small adjustments can quickly increase your bill, so it’s smart to plan a buffer for unexpected fees. …
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How to register a UG in Germany: Checklist for founders
Summary An Unternehmergesellschaft or UG offers limited liability that requires minimal start-up capital. Unlike a Gesellschaft mit beschränkter Haftung (GmbH), you can set up a UG with as little as €1 in share capital. Using standard articles can further reduce costs and effort. The formation process includes determining a registered office and company name, depositing …
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