Founding a UG in Germany

If you want to incorporate as a start-up or small-scale business the entrepreneurial company, Unternehmergesellschaft (haftungsbeschränkt)" or with its acronym "UG" will be your best choice.

Founding a German UG

Requirements for a UG

Founding a UG in Germany is easy but only when you fund the company with cash.

  • minimum share capital for a UG is € 1,
  • minimum number of shareholders is one,
  • minimum number of directors is one,
  • physical address is required,
    which can be realized with a virtual office,
  • legal description of the line of business,
  • the notarization of the articles of association,
  • appointment of the first director(s),
  • the application to the commercial registry,
  • the shareholder and the director have to sign deeds on the incorporation before a German notary,
    However, this can be realized with a special representative with notarized and legalized power of attorney. This set-up constitutes a "remote founding".
  • the director has to open a bank account,
  • t.b.a.

After the incorporation, the company has to be registered with

  • tax office (incl. VAT ID),
    and
  • as a rule the trade office

as a minimum. Depending on your company's line of business, you might need a permit. In seldom cases, you need the permission first before you may have the company registered. We will keep an eye on this detail and inform you of a required permission before it's too late.

 

Basic Offer

Our standardized offer for setting up your UG instantly:

  • testing legitimacy of your selected company name,
  • fine-tuning and testing legitimacy of the line of business for the articles of association,
  • drafting the bilingual company formation documents, which you will be requested to approve prior to the notary appointment,
  • organizing the notary appointment in your vicinity, exception: remote founding,
  • introducing you to up to two banks.

 

Are you in a Hurry?

If you are in hurry, you may want to consider buying a ready-made company. What is the difference? May I first ask you another question? How urgently do need to write the first domestic invoices? With the founding process it takes about 2.5 months until you receive your VAT-ID. With a ready-made company you can start with German and non-European sales or services right after visiting the notary! We can arrange a notary appointment in approx. one week.

 

Fees (ex VAT)

  Individual
UG
Standard
UG
Basic Fee Instant Company Formation – as above 480 € 380 €
Surcharge for Optional Services
Considering more than three Persons – per Person 20 €
Corporate Founder 250 €
Trade Registration – full service 150 €
Trade Registration – budget service 50 €
Trade Registration – urgent service 300 €  
Registration with Tax Office 600 €
Payroll Set-up 300 €
Applying for a VAT-ID 50 €
Remote Founding 1170 € 530 €
Interpreting @ Notary 300 €
Additional Fee installing Alexander as your company's proxy director 50 €
Additional Fee registration at IHK 30 €
Applying for EORI Number – normal processing 40 €
Applying for EORI Number – urgent application 60 €

When you click on the button below and fill out and submit the form, you are accepting the standard terms and conditions, and assure that you are acting as a business!

If you still have questions, please visit our FAQs on incorporation by clicking this sentence.

 

Order your company right here and now !
Click here to start ordering your company by filling out the form!

 

process of founding a UG

 


Get your readymade company with a virtual office from BeamIf you really want to start business quickly, then consider buying a readymade company right off the shelf !

Do you want to have a business address without renting physical space? Take out a virtual office!

Beam my Presence to Berlin UG (limited liability) is our associate business partner in providing virtual offices for your business in Germany. This approach keeps your private life outside of business.