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by b-mmxx 437 days ago
Can you elaborate on what you mean by that?

Annual admin costs very much depend on how complex the business is, no? The primary recurring obligation for a UG is the mandatory retention of 25% of annual net profits until the share capital reaches €25k, enabling tax-neutral conversion to a GmbH.

What I could think of for UG with idea on converting to GmbH, you could have:

- UG setup cost (fairly low compared to GmbH)

- UG/GmbH accounting & tax compliance

- Commercial register updates

- Notary fees for structural changes, and eventually the conversion process