Establishing an AG
(German stock corporation)

The AG limits the liability of the shareholders to the minimum nominal value of the share capital, which must be at least €50,000 (€12,500 of which must be paid at the time of formation.) Compared to a GmbH, the AG is subject to higher ongoing administration costs and can be structured less freely, due to numerous formal stipulations. However, these disadvantages have been alleviated by the introduction of the so-called “small” AG, which even a single individual may found. With an AG, outside capital can be more easily obtained through the sale of shares, which can be done either on- or off-exchange. Given the fewer official restrictions on an AG, even small companies may be well advised to adopt this legal form right from the beginning. For example, this could help them avoid the high cost of converting into an AG at a later time, once the need arises to raise capital by selling shares.

Prices:  
„Normal“ AG 1200,00 €
Plus notary costs
(with € 50,000 paid-in capital)
700,00 €
   
„Small“ AG 900,00 €
Plus notary costs
(with € 50,000 paid-in capital)
700,00 €