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Form a UG at a fixed price
With Recht 24/7 , you can set up your UG quickly, easily and online. Directly from the lawyer: As a German law firm, we offer you the highest quality and legal security. With completely transparent prices and all services included - without "packages", "intermediaries" and hidden costs.
Since 2003, we have been helping founders to start their business legally secure and without bureaucracy. Awarded "FOCUS highest customer satisfaction" in the field of online legal advice in 2023 and 2024.
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Founding a UG (haftungsbeschränkt) online - the most important facts in brief
What is a UG (haftungsbeschränkt)?
A UG (haftungsbeschränkt) is a legal form for a company. UG is the abbreviation for Unternehmergesellschaft. It is often also referred to as 1-Euro GmbH. In contrast to a partnership, the UG (haftungsbeschränkt) is a corporation. This means that the company is always liable with its "capital" (therefore also a corporation) and not the shareholder behind it personally. As with a GmbH, the company's liability is therefore limited to the paid-up share capital.
Advantages of a UG (haftungsbeschränkt)
The advantages of company formation a company in the legal form of an entrepreneurial company (haftungsbeschränkt) can be summarized as follows:
- Liability minimization: Liability is limited to the share capital
- In contrast to a GmbH, no high share capital is required
- the start-up costs are low
You can start a company formation with Recht 24/7 today.
What share capital is required?
There are no legal requirements for the share capital required for an Unternehmergesellschaft (haftungsbeschränkt). Theoretically, you can also set up a company with one euro, which is why this legal form is often referred to as a 1-euro GmbH. In practice, however, the vast majority of notaries will only certify a share capital of EUR 500.00 or more and we therefore recommend at least this amount.
The reason for this is that - in the opinion of these notaries - an insolvency situation already exists with a share capital of EUR 1 with the company formation . This is because the company has various financial obligations after the company formation . If there is only 1 euro in the account, it is no longer possible to pay the outstanding debts right from the start and would have to file for insolvency. Of course, this does not apply to companies that have ongoing income and there is no legal basis for this practice.
Executive bodies - who does what in a UG (haftungsbeschränkt)?
A UG (haftungsbeschränkt) consists of the shareholders and the managing directors. You can also set up a UG (haftungsbeschränkt) on your own without any problems. This is referred to as a one-man company or a one-man UG. The founder is then both a shareholder and a managing director. If there are several participants, the entrepreneur is free to choose who is to be a partner and who is to be a managing director.
The positions can best be compared to a car: The shareholders sit in the back and own the car. The managing director sits at the wheel and drives. If the shareholders say he has to drive to the airport, then the managing director must do so as the driver. Because as the owners, they set the pace.
Partnership agreement and model minutes - what's the difference?
A UG (haftungsbeschränkt) can be founded either with a partnership agreement or a model protocol. The main difference is the notary fees for these two variants: The notary fees are approx. 500.00 euros more expensive for a partnership agreement. Many notaries therefore also recommend a partnership agreement. However, this is only worthwhile if you want to deviate from the model protocol and this is actually advisable. Examples of this are
- Start-ups with more than three shareholders
- Individual regulations on pre-emption rights
- Start-ups with more than one managing director
We prepare the incorporation documents in such a way that the lowest notary fees are incurred and coordinate everything directly with a local notary's office.
How does company formation work?
The online companycompany formation a UG is as simple as possible with us: In a first step, you send us all the information online. We then use a lawyer to create all the necessary formation documents individually. So you don't receive any forms or bureaucracy to fill out yourself, but we take care of everything from a single source. After you have reviewed everything, we will arrange a notary appointment at your location for notarization according to your wishes. Throughout the entire company formation process, our lawyers will be available to answer all your questions about the company formation and all legal issues. We will also prepare the entry in the commercial register and company register.
Questions and answers about UG company formation
Recht 24/7 has been incorporating companies since 2003. We are the original and ensure that you incorporate quickly and professionally.
You will receive all the necessary documents, prepared by a lawyer according to your requirements. All within 24 hours.
Unlimited legal advice from a lawyer is included in the price. All services required for company formation are included. You pay nothing extra for legal "formation advice" or a management contract. You receive advice from a lawyer and not from a "formation consultant" without legal qualifications.
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You will receive your incorporation documents individually prepared by a lawyer within 24 hours. If you are in a hurry, we can also arrange a notary appointment within this period. After notarization, the company is capable of acting as a UG in company formation.
The notary fees are as follows if the model protocol is used and the share capital is up to EUR 7,000:
- for one shareholder approx. 190.00 Euro
- with 2-3 partners approx. 290,00 Euro
The notary fees for the use of individual articles of association are the same as for a GmbH:
- for one shareholder approx. 800.00 EURO
- with more shareholders approx. 860.00 EURO
The notary will invoice the new company after notarization.
The registry court costs amount to EUR 300.00 and will be invoiced to the new company approx. 10 days after notarization. The costs consist of EUR 150.00 for the registration and EUR 50.00 for the retrieval of the documents.
A "UG" stands for entrepreneurial company. The correct company name is "UG (haftungsbeschränkt)". It is a so-called corporation. This means that company formation creates a new "legal" entity that, like a GmbH, assumes all of the entrepreneur's liability.
Only the company - i.e. the UG - is liable and no longer the entrepreneur. The provisions of the GmbH Act apply to the UG. Like a GmbH, the UG therefore offers significant liability relief. There is a significant advantage in the area of insolvency: here only the company is liable and never the entrepreneur personally.
The UG combines the advantages of a GmbH with a cost-effective company formation.
No, the model protocol allows for a maximum of one managing director and three shareholders.
If you have two or more managing directors, we will draw up individual articles of association for you. Please note that the notary fees for notarization will increase by approx. 600 EURO.
Up to a share capital of EUR 25,000.00, 25% of the annual profit must be retained to form reserves. The remainder may be distributed to the shareholders.
The costs of operating a UG are made up of the following items:
- Costs for the fulfillment of accounting and tax obligations
- Costs for compulsory membership of the IHK/HWK
For a UG with a turnover of 50,000.00 euros, these costs are around 600.00 euros per year. If your UG is active and has a high turnover, these costs will increase in accordance with the tax consultant fee ordinance and the IHK/HWK fee schedule.
With Recht 24/7 , you receive all services at a fixed price, no hidden costs, no packages with additional costs. Our fixed-price offer includes everything you need for professional, smooth UG company formation .
at a fixed price of 219.00 EURO net
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