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Other reasons why you want to avoid a UG if possible: - Sooner or later you will have to convert your UG into a GmbH anyways - Most banks don't offer bank acco
by hobofan 9y ago
Other reasons why you want to avoid a UG if possible:
- Sooner or later you will have to convert your UG into a GmbH anyways
- Most banks don't offer bank accounts for UGs, and those that do often under really shitty conditions
- Xylakant 9y agoYou don't have to convert your UG to a GmbH. You may once the capital reaches 25k EUR, but you're not obligated to. Until the Stammkapital of the UG reaches 25k you're obliged to keep 25% of the yearly earnings. Bank accounts for UGs are available at the same conditions as for a newly formed GmbH (no credit line, no credit card, ...). Generally speaking, bank accounts for newly formed businesses have shitty conditions.