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by b-mmxx
437 days ago
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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 |
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