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.
