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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
harha
1478 days ago
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.
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pantalaimon
1477 days ago
And that’s exactly why a UG doesn’t look trustworthy to most business partners
link
UG is a massive scam in that sense, definitely not what’s advertised.