The fastest way to start a UG or GmbH in Germany
Focus on growing your business right from the start.
- Get your business up and running in as quick as 7 days
- Form your company with help and advice from professionals
- Receive ongoing support from dedicated experts
Your company foundation. With packages that are made for you.
Receive advice on how to form your company from a lawyer, notary and tax advisor. Take advantage of everything being coordinated by your personal dedicated Penta agent.
Sample documents and checklists
Get support by a lawyer for choosing the suitable legal form of your company. Get contract templates for employees (full time, part-time, freelancer), managing directors as well as advice on drafting your website terms and conditions, and more!
Legal advice by phone
80% of questions can be solved with just one phone call. With the packages you get the possibility to speak to a lawyer and have 3 calls or 5 calls for advice on your needs.
Save time and money
Save time registering and opening your company. Save time and money with lawyers as well! An initial consultation with a lawyer costs up to 250€ according to the German Lawyers’ Fees Act (RVG). With our service you save yourself expensive and complex processes.
Incorporation Process – Explained
Choose your package
Penta Kompass offers two packages to help you open your company: Express and Advisory. The main difference being that with Advisory you will get additional legal support.
Receive all relevant documents and advisory support
Once you sign up, the process can begin. We will send you the legal package that’s supplied by our partner JurPartner, that includes employment contracts, FAQ about forming a company, tax and accounting information as well as other contracts.
Go to the notary
We introduce you to a notary in your city. This allows you to certify your foundation and the partnership agreement with the list of shareholders. As soon as you have a sealed copy of the documents from your notary, you can open your business account and pay in the share capital.
Open your bank account and deposit your share capital
Once you finish with your notary, we will guide you through the process of opening a bank account. One day after depositing your share capital in your business bank account, you can download your bank statement, send it to the notary and complete your incorporation process directly. There are additional steps here that you will receive from the Handelsregister*.
Register with the Tax Office and Build your Business
After this, we will then introduce you to a tax advisor to register you with the tax office so that you can get your VAT number, as well as other important steps that your tax advisor will help you setup, including best practices for accounting and bookkeeping.
- Guidance on opening your UG or GmbH
- 3 calls with lawyers, including legal support and advice
- Full set of legal documents, including foundation documents, various contracts, Q&A and more
- Guidance, help and introductions to notaries and tax advisors
- 1 month Penta Advanced inclusive
- Stripe & AWS Credits (worth €5,000)
- Everything included in the Express
- Premium telephone support from Penta
- 2 additional calls (5 in total) with a lawyer, including legal support and advice
- 3 months Penta Advanced inclusive
- Support throughout the entire process
You will get a dedicated process consultant from Penta to navigate through German bureaucracy. You also get a competent contact person for all legal questions via our partner, JurPartner. Receive support in the legally compliant drafting of contracts, general terms and conditions, or in drawing up invoices. This means that you can concentrate completely on setting up your own business, while we handle the rest, together with our partners. And with Penta you also get the perfect business account.
Jurpartner is a subsidiary of ROLAND Rechtsschutz-Versicherungs-AG – a premium legal insurance provider with 60 years of experience – and is the online marketplace for conflict resolution and avoidance in all life situations. Jurpartner has a mission: to provide everyone with easy and affordable legal support.
Penta does not provide legal advice of any kind. Penta works together with Jurpartner. Jurpartner provides our clients (you) with a digital platform that allows you to obtain legal advice from a lawyer specialized in the relevant field. A contract for legal advice (mandate) is concluded exclusively between the respective lawyer and you.
Please note that Penta Fintech GmbH or its associated companies do not provide legal advice in any way. Penta Fintech GmbH works together with Jurpartner, who provides legal advice and documents. Specifically, Jurpartner provides you with a digital platform that allows you to seek legal advice from a lawyer specialized in a relevant field. A contract for legal advice (mandate) is only concluded between the respective lawyer and you. Penta Fintech GmbH will only help in guiding you through the process of opening and registering a company in Germany. Penta Fintech GmbH, will not advise you on any legal or financial matters.