Formation
Questions and answers about the management:
We would like to realise our business idea as quickly as possible and would like to incorporate a company for this purpose. Would it be advantageous for us to purchase a company, which has already been incorporated?
The purchase of a pre-incorporated company (Shelf Company) is the right way for anyone wishing to take business action as quickly as possible with as little financial, time and organisational effort as possible. In the purchase of a Shelf Company, one saves time by avoiding the lengthy registration process and purchases instead a company, which has already been registered in the commercial registry. The purchase of a Shelf Company enables one to enter into a position of having limited liability as quickly as possible. Such a transaction also has the benefit of fixed and transparent costs.
What are your fee rates for the purchase of a Shelf Company in Germany?
You would be able to purchase a Shelf Company for a fixed price of 3.500,00 EUR (please refer to our ReadyCo service). In the event that you require individual or specific advice in addition to our ReadyCo services, this advice would be charged on an hourly rate. You would be able to find further information on our hourly rates in our price list.
What is the minimum capital requirement in a GmbH? Should the shareholders inject the whole sum of the paid up capital at the beginning?
The minimum capital requirement for a GmbH amounts to 25.000,000 EUR. Upon the purchase of a Shelf Company at Herfurth & Partner, you would be obliged to make payment of full capital sum. Since the end of 2008, it is also possible to incorporate a GmbH with a paid-up capital, which amounts to only 1 EUR. This variation of the GmbH is called the Business Company with Limited Liability (?UG?). A UG, which has been incorporated by Herfurth & Partner has a paid-up capital amounting to 1.000,00 EUR. Of all the profits made by a UG within a year, 25% of the amount has to be reserved. When the reserved profits amount in totoal to 25.000,00 EUR, it would be possible for the shareholders to transform the UG into a GmbH and to rename the company to become a GmbH.
Do you have shelf companies available at the moment?
Yes.
What kind of information do you need for the purchase of a Shelf Company?
We furnish our clients with a checklist, which needs to be filled up. This checklist would contain all the information, which we would need.