The Family's Legal Building Blocks
The Family's Legal Building Blocks
📜

Articles of Association

🏁 It all starts with the articles of association

They are the Constitution for the company, they are public, and they are mandatory. ✍🏽

You have two options and the choice is fairly simple. If you have €25,000 that you want to put into the company right now, create a Gmbh! 😎

If you don’t have €25,000 burning a hole in your pocket, go with the cheaper and simplified version: the UG (mini-GmbH), which only requires €350 in capital. The only downside to the UG (haftungsbeschränkt) is its name. “haftungsbeschränkt” means limited liability

And don’t worry, you can always upgrade to a GmbH later when the company’s earning revenue. 💸

Here are the articles of association for both - choose your adventure 😘 

Gmbh - Articles of Association50.9KB

Learn more about how this document works! ⤵️