TKEG Expat™ (DE)
FlagLegal Entity Comparison

Germany GmbH vs UG

GmbH is a legal entity in Germany, its full name is Gesellschaft mit beschränkter Haftung, abbreviated as GmbH. It is a form of corporation with limited liability. Unlike other legal entities, GmbH is not allowed to participate in the public market. According to German company law, GmbH requires at least one shareholder, but can have multiple shareholders. Additionally, GmbH must have at least one director to manage the company's affairs. Unlike legal entities in other countries, German GmbH requires the appointment of a legal representative, but non-Germans can serve as directors. Furthermore, GmbH does not require a company secretary. According to German company law, the minimum registered capital for GmbH starts at 25,000 euros and 50% of the registered capital must be paid before the company is established. In summary, GmbH is a limited liability company suitable for entrepreneurs who wish to operate business in Germany.
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GermanyFlag of GermanyGermany

Germany Legal Entity Comparison

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Basic Information

Flag of GermanyGmbH
Flag of GermanyUG
Ownership:
Consolidated Ownership
Ownership:
Consolidated Ownership
Limited Liability:
Positive
Limited Liability:
Positive
Publicly Participates In Capital Market:
Negative
Publicly Participates In Capital Market:
Negative

Shareholder / Director / Secretary Requirements

Flag of GermanyGmbH
Flag of GermanyUG
Requirements For Shareholders:
At least one shareholder
Requirements For Shareholders:
At least one
Requirements For Directors:
At least one
Requirements For Directors:
At least one
Legal Representative Not Mandatory:
Negative
Legal Representative Not Mandatory:
Negative
Local Directors Not Mandatory:
Positive
Local Directors Not Mandatory:
Positive
Local Secretaries Not Mandatory:
Positive
Local Secretaries Not Mandatory:
Positive

Registered Capital Requirement

Flag of GermanyGmbH
Flag of GermanyUG
Minimum Registered Capital Requirement:
1. Starting from 25,000 euros.
Minimum Registered Capital Requirement:
1. Starting from 1 euro in principle;
2. YCapital suggests a minimum of 100 euros. This will make the company registration, tax number application, and account opening process much smoother.
Capital Injection Not Required:
Negative
Capital Injection Not Required:
Negative
Capital Injection Requirement:
1. 50% needs to be paid before the establishment of the company.
Capital Injection Requirement:
The company must put one quarter of each year's net profit, less any loss carried forward, into a statutory reserve until its share capital reaches 25,000 euros; the reserve can only be used to increase capital or cover losses.

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TKEG Expat™ (DE) General Germany Incorporation Service

TKEG Expat™ (DE) General Germany Incorporation Service

TKEG Expat™ (DE) Overseas Company Incorporation, Accounting, and Consulting Services

A Full-Service Consulting Firm Backs You Up

TKEG Expat™ (DE) is your trusted overseas business partner. TKEG Expat™ (DE) is a member of the TKEG Group, as is THE KEITH & EVEN GROUP, a Hong Kong-based global consulting agency with access to 50 markets covering approximately 72 percent of global GDP.
With the TKEG Group's strategic advantages, TKEG Expat™ (DE) connects customers to opportunities worldwide and serves them in 21 industries.

Learn More About THE KEITH & EVEN GROUP >
A Full-Service Consulting Firm Backs You Up
Corporate Clients Overseas Expansion
Corporate Clients

Do You Represent A Big Corporation Or Already Have 10 Million USD In Revenue?

If you represent a big corporation, or if your company already has more than $10 million USD in revenue, you may be interested in the enterprise solutions provided by THE KEITH & EVEN GROUP.

Enterprise Solutions >
TKEG Expat™ (DE) provides overseas company incorporation, bank account opening, and tax advisory service.
TKEG Expat™ (DE) belongs to the TKEG Holdings Group

Please refer to "TKEG Holdings"'s website for more information.
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