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You can start of with a GmbH but it will be just a little extra stone in your seedphase you should have in your way. Investors will talk to you - but how much
by andreasklinger 15y ago
You can start of with a GmbH but it will be just a little extra stone in your seedphase you should have in your way.
Investors will talk to you - but how much effort would you put in if your goal is to invest let's say 50k-100k as a seedround. You are rather worried about the upcoming series of investment therefore you push into a LTD or similar entities. If you invest only 50-100k how much will you really bother holding hands while the founders change their entity
Btw… Changing a legal entity is a very cost intense procedure.
I might be wrong but i experienced exactly that first hand.
- shin_lao 15y agoIt changes from country to country. In France changing from SARL (not VC friendly) to SAS (VC friendly) hardly exceeds 10 000 €. For a business angel, you might even stick to SARL which has got some advantages regarding partner's compensation (less taxes, more flexibility).