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A comment on How I would start my next startup in Germany without a GmbH (2020). Parent comment

Re:How I would start my next startup in Germany without a Gm... by Aulig on Saturday June 04, 2022 @11:12AM (#31621235)
Because of personal liability? Looking less legitimate to other businesses? Or what other reasons are you thinking of?
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Re:How I would start my next startup in Germany without a Gm... by hef19898 on Saturday June 04, 2022 @11:35AM (#31621561)
Mainly liability, a UG is liable for whatever amount it was founded with, a GmbH for 25k. A person is liable for, well, an unlimited amount. Which can suck, e.g. you run eCommerce and sales crash. A GmbH is liable for 25k of ooen invoices (or whatever assets the company currently has), a person would owe the full amount.

Plus, a GmbH is a professikbal business, the looks cannot be under estimated.

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