Hacker News new | ask | show | jobs
by lucakiebel 1478 days 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
2 comments

Yeah 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.

And that’s exactly why a UG doesn’t look trustworthy to most business partners