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You're missing the point. Strong or weak has nothing to do with it. If you want to be protected then don't do business with undercapitalized counterparties. Eve

by nradov 4mo ago

You're missing the point. Strong or weak has nothing to do with it. If you want to be protected then don't do business with undercapitalized counterparties. Everyone can make their own decision on acceptable level of financial risk. It's stupid for governments to dictate this.

margalabargala 4mo ago
How do you know if your counterpart is undercapitalized, though?
- nradov 4mo ago
  You're welcome to ask them for whatever evidence you like before agreeing to do business.
- tpm 4mo ago
  Look up the business registry, debt registry etc., it should be all there, at least it is in our country.
FLHerne 4mo ago
So the OP can create a UG with €1 capitalization. They can be cheerfully undercapitalized and counterparties, seeing that it's an undercapitalized UG rather than a GmbH, can make their own decision on financial risk. > And the cheap door has a price of its own: to some clients, “UG” reads as “not serious,” and they would rather deal with a GmbH. ...turns out the OP doesn't like that.