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I am not an accountant. What if you setup GmbH and accumulate wealth there with no limits? Then it can pay you a small salary for private expenses to match you
by imhoguy 5y ago
I am not an accountant.
What if you setup GmbH and accumulate wealth there with no limits? Then it can pay you a small salary for private expenses to match your student grant limit. I think the grant should not limit you to be company owner/shareholder, unless you earn dividends.
- adithyasrin 5y agoA GmbH needs a capital of 25.000€. An UG might be a better option.
- nikokre 5y agoI wouldn't be able to renew the grant because it limits personal assets to 7.500€ (Bafög), which would be exceeded by having the equity stake in the company.