You acquire an UG (Unternehmergesellschaft (limited liability)), which has been entered in the commercial register and registered officially as a Readymade company with the tax office, which means that it has a tax number. The company has not conducted any previous business. You will see that only bank fees have been deducted from the company’s bank account. The full share capital is available upon purchase. Because our companies are officially registered as readymade companies, you do not have a VAT number.
The advantage of an UG is its low share capital. This also keeps our fees and the notary’s fees low. If you require a GmbH instead of an UG, the notary can certify it during the same purchasing appointment – the UG becomes a GmbH.
If this needs to happen quickly, the future managing director must be present during the appointment with the notary. In contrast, it is not as important for the purchaser and the vendor of the company to be present.
We recommend the participation of a tax accountant at the notary appointment. He or she will have already prepared the documents that the new CEO must sign in order to receive a VAT number as soon as possible, and he or she will submit the necessary application forms to the authorities that same day.