Business, tax and funding
UG
Abbreviation for Unternehmergesellschaft (haftungsbeschränkt)
In short and in plain language
The UG is a special form of German limited firm.
You can start it with very little share capital. As with the normal form, liability is, as a rule, limited to the firm's money.
The legal page names the legal form with its suffix. It also names the person who may act for the firm.
Definition
The UG is a special form of the German limited liability company that can be founded with very little share capital. As with a GmbH, liability is generally limited to the company's assets. The legal notice usually states the legal form with its suffix and the authorised representative.