How to open an individual entrepreneur and start a business

To simplify matters, we assume in this article that the Stammkapital (share capital) is less than €7,000 and that the company is founded with only one managing director, as the notary fees remain constant up to this limit. After that, it becomes somewhat more expensive for founders. The UG is still a GmbH, which means some notary fees are pro-rata – using the minimum business value of a “large” GmbH (€30,000) regardless of the actual Stammkapital.

To simplify matters, we assume in this article that the Stammkapital (share capital) is less than €7,000 and that the company is founded with only one managing director, as the notary fees remain constant up to this limit. After that, it becomes somewhat more expensive for founders. The UG is still a GmbH, which means some notary fees are pro-rata – using the minimum business value of a “large” GmbH (€30,000) regardless of the actual Stammkapital.

Related articles
How much does it cost to set up a UG?

The formation costs for a UG consist of several items: Notary fees, official fees, tax. An important factor for the total amount is the type of formation: founders can save several hundred euros...