UG (Mini Ltd) shelf company
Available for immediate acquisition. We guide you through the entire purchase process.
- Immediately available
- Bank account of your choice
- Location of your choice
Our shelf UGs are lawfully established, entered in the commercial register, and free of any liabilities. The share capital of EUR 300 has been paid in full into a bank account already set up for the company. Once you take over the company, it is ready for immediate use.
from EUR 2,800
Shelf company bank account
All of our shelf companies come with a bank account with full paid up share capital. We offer our companies with different account models.
Shelf companies with a transferable bank account have a bank account that can continue to serve as the company's operating account. The new management has the option to either take over the company's account or have it closed.
Our banks:
- BW-Bank
- Commerzbank
- Deutsche Bank
- HypoVereinsbank
- Nord/LB
- Oberbank
- Qonto
- Sparkasse
To take over the account, the new management must complete a KYC/identification process with the bank. We cannot guarantee the success of this process.
If the KYC process is unsuccessful, the bank account will be closed and any funds paid in will be transferred to a bank account of your choosing.
Advantages:
- Once KYC/identification with the existing bank has been completed successfully, you will have an operating account in place.
- We provide guidance on the account transfer, including direct contacts at the bank.
- You can close the account and switch to a different bank at any time.
We also offer shelf companies with a cheque model. The existing account is used solely for paying in the share capital. Such an account cannot be continued as an operating account.
After the purchase of a shelf company with such an account, the new management receives an order cheque from us in the amount of the share capital paid in (for a shelf GmbH, this is a cheque for EUR 25,000).
You can then open an account for the shelf company at your existing bank or at another bank of your choice, and pay in the cheque there. Once the cheque has been paid in, the shelf company's old bank account is automatically closed.
Advantages:
- You can take your time contacting a bank of your choice to open a new account.
- If the bank has already identified you, KYC/identification for the newly established company account tends to proceed quickly, based on our experience.
- No account closure fees apply.
The choice of bank account is a critical point. You can put a shelf company to legal use immediately after acquiring it. However, taking over the bank account is a separate matter, and a particular challenge.
The right choice of bank largely depends on the nationality and place of residence (or registered office) of the buyer and the new management. Please share these details with us, and we will support you in selecting a suitable bank.
Advantages of shelf companies
Purchasing a shelf UG is an alternative to setting up a new company: the company is already entered in the commercial register, the share capital of EUR 300 has already been paid up, and it becomes capable of acting once the transfer has been notarised.
- Reservation
- Notarial acquisition
- Business use
Duration: < 24 hours
M&A Ready
We operate in situations that demand the highest level of professionalism – the acquisition of a German target company, the restructuring of an investment fund, the sale of a real estate portfolio, the market entry of a foreign company, or the takeover of a German Mittelstand company by an international investor. Whether in a bilateral trade sale, a structured bidding process, or a public deal – our managing directors take on responsibility as part of our corporate services offering: lawfully, discreetly, and with relevant expertise in M&A, finance, and corporate law.
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Corporate Services
We offer a comprehensive range of corporate services – for companies at every stage of their development. We assist you with ongoing administration as well as transaction-related tasks – regardless of whether this involves the purchase of a shelf company.
More information
The process mirrors that of the shelf GmbH: confirm availability, receive the documents, secure payment of the purchase price, and notarise the sale and assignment agreement and the change of management. The UG is already registered and equipped with fully paid-in capital, so it is able to act from the notary appointment. The seller's power of attorney and the documents are sent by express courier.
A shelf UG costs EUR 2,800 at Blitzstart, including the fully paid-in share capital of EUR 300. Also included are the registered, unencumbered company with a bank account, the articles of association in German and English and the complete documentation. Notary and court fees for the transfer are added.
Buyers can be domestic and foreign natural persons and legal entities, for example companies, investors or founders, often through an advising law firm. The identification documents of the future shareholders and managing directors are required for the transfer.
Buying provides an immediately operational UG, already entered in the commercial register, without waiting for registration and account opening. Particularly with the low-capital UG, the effort of a new incorporation is disproportionately high, which the shelf solution avoids.
No. The tax registration is a one-off step that takes place after the acquisition for the activity taken up; before the acquisition the tax offices do not issue a tax number. On request, Blitzstart applies for the tax number and the VAT identification number within the tax service and handles the correspondence with the tax office.