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.

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 480 € 380 €
Additional Fee for Corporate Founder 250 €
Additional Fee for Trade Registration – full service 150 €
Additional Fee for Trade Registration – budget service 50 €
Additional Fee for Trade Registration – urgent service 300 €  
Additional Fee for Registration with Tax Office 800 € 700 €
Additional Fee for Payroll Set-up 800 € 700 €
Additional Fee for Remote Founding 1170 € 530 €
Additional Fee for Interpreting @ Notary 300 €
Additional Fee installing Alexander as your company's proxy director 50 €
Additional Fee registration at IHK 30 €
Additional Fee for Applying for EORI Number – normal processing 40 €
Additional Fee for 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