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That’s exactly what the UG (haftungsbeschränkt) does, you can set one up with (theoretically) 1€ (though in practice it’s more like 250€), and you then have a G
by lucakiebel 4y ago
That’s exactly what the UG (haftungsbeschränkt) does, you can set one up with (theoretically) 1€ (though in practice it’s more like 250€), and you then have a GmbH with lower liability
- harha 4y agoYeah but pay many thousands per year for filing taxes etc and spend years to dissolve. Along with all the personal liability as director. UG is a massive scam in that sense, definitely not what’s advertised.
- pantalaimon 4y agoAnd that’s exactly why a UG doesn’t look trustworthy to most business partners