Do employment contracts also transfer to the GmbH after the conversion?
As a rule: Yes. In the event of a spin-off, employment contracts are usually transferred to a limited liability company. This transfer relates to all liabilities and claims arising [...]
Is it also possible to convert the company into a UG?
The direct conversion of a sole proprietorship into a UG is unfortunately not possible due to certain regulations. While contributions in kind are permissible in the case of a [...]
What costs are incurred when converting a sole proprietorship into a limited liability company?
In the case of the conversion of a sole proprietorship into a GmbH, the total costs for the services of the mandatory notary are roughly the same, regardless of [...]
Do I need a partnership agreement for a UG under the simplified procedure?
My bank wants such a contract! When founding an entrepreneurial company in the so-called simplified procedure, the model protocol replaces the articles of association. This follows directly from the [...]
Does a shareholder from abroad have to travel to Germany for incorporation?
Incorporation with a shareholder abroad is possible. There are two alternatives: Alternative 1: You have the deed notarized by a notary abroad. For this notary, you also need a [...]
What are the costs for the notary and the registry court when incorporating a UG & Co. KG?
The notary fees are for up to 5.000 EURO share capital: for one shareholder approx. 190,00 EURO with 2-3 partners approx. 290,00 EURO Additionally for the notarization of the [...]
What happens to the contracts concluded before the incorporation of the company?
Can I subsequently "limit liability" and take over these contracts from my old company? No. It is not possible to transfer old contracts from the sole proprietorship to the [...]
What are the costs of the notary and the registry court for a GmbH & Co. KG incorporation?
The notary costs amount to with 25.000 EURO share capital: with one shareholder approx. 800,00 EURO with more partners approx. 860,00 EURO additionally for the notarization of the commercial [...]
What are the risks from non-profit status?
One of the most common risks is that an organization does not comply with the principle of altruism, which states that it must use all profits for charitable purposes [...]
What is the liability of a non-profit GmbH and its management?
A non-profit GmbH is a legal entity that has unlimited liability to third parties and is obliged to pay damages in the event of liability. This means that the [...]
Do employment contracts also transfer to the GmbH after the conversion?
As a rule: Yes. In the event of a spin-off, employment contracts are usually transferred to a limited liability company. This transfer relates to all liabilities and claims arising [...]
Is it also possible to convert the company into a UG?
The direct conversion of a sole proprietorship into a UG is unfortunately not possible due to certain regulations. While contributions in kind are permissible in the case of a [...]
What costs are incurred when converting a sole proprietorship into a limited liability company?
In the case of the conversion of a sole proprietorship into a GmbH, the total costs for the services of the mandatory notary are roughly the same, regardless of [...]
Do I need a partnership agreement for a UG under the simplified procedure?
My bank wants such a contract! When founding an entrepreneurial company in the so-called simplified procedure, the model protocol replaces the articles of association. This follows directly from the [...]
Does a shareholder from abroad have to travel to Germany for incorporation?
Incorporation with a shareholder abroad is possible. There are two alternatives: Alternative 1: You have the deed notarized by a notary abroad. For this notary, you also need a [...]
What are the costs for the notary and the registry court when incorporating a UG & Co. KG?
The notary fees are for up to 5.000 EURO share capital: for one shareholder approx. 190,00 EURO with 2-3 partners approx. 290,00 EURO Additionally for the notarization of the [...]
What happens to the contracts concluded before the incorporation of the company?
Can I subsequently "limit liability" and take over these contracts from my old company? No. It is not possible to transfer old contracts from the sole proprietorship to the [...]
What are the costs of the notary and the registry court for a GmbH & Co. KG incorporation?
The notary costs amount to with 25.000 EURO share capital: with one shareholder approx. 800,00 EURO with more partners approx. 860,00 EURO additionally for the notarization of the commercial [...]
What are the risks from non-profit status?
One of the most common risks is that an organization does not comply with the principle of altruism, which states that it must use all profits for charitable purposes [...]
What is the liability of a non-profit GmbH and its management?
A non-profit GmbH is a legal entity that has unlimited liability to third parties and is obliged to pay damages in the event of liability. This means that the [...]