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UG in Germany seems like a totally pain in the ass. I was looking at it for side projects to limit liability, but 25% of the profit have to remain in the compan
by thesimon 12y ago
UG in Germany seems like a totally pain in the ass. I was looking at it for side projects to limit liability, but 25% of the profit have to remain in the company until 25k€.
And you can't just pay yourself a salary which varies every month, you can change it once a year. You can pay yourself a variable bonus, but it can be a maximum of 35% of the salary. So paying yourself $1 salary a year and the rest as a bonus doesn't work.
UG is quite good if you have a stable business, but for everything else it seems a bit complicated.