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I don't remember the exact reasons. Possibly due to our share split agreement or just wishing to have a "real" company, but my co founders opted for GmbH over U

I don't remember the exact reasons. Possibly due to our share split agreement or just wishing to have a "real" company, but my co founders opted for GmbH over UG. In any case it's a relatively small hurdle either way, but still something you have to work out and decide during the early days.

germanier 11y ago
An UG is legally exactly the same as a GmbH (they share most of the laws) with three differences: * No required minimum capital * Different name (which signals business partners that you didn't put down the minimum for a GmbH) * You have to leave 25% of the company's earnings in the company until you reach 25k Everything else, including all possible agreements between the owners is the same.