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What are the costs factors when founding a GmbH or UG?

Prospective business founders will always want to plan ahead as much as possible for the costs of founding. How much a business costs to found, however, is unique to each business, and dependent on a range of factors. Below we lay out the most major and decisive in...

Model Protocol or Partnership Agreement

Copyright Photo: Cytonn Photography /www.pexels.com When you decide to start a GmbH or UG, you need to decide whether to use model protocol or standard establishment with a partnership agreement/articles of association. At Q-found we almost always advise our clients...

What is share capital and what can it be used for?

Copyright Photo: Pixabay / Pexels.com How can you leverage share capital? It is a widespread misconception that a UG/GmbH's share capital must never be used to run a business. This is wrong. In fact, you can leverage share capital in many ways. Some include: Operating...

How does the payment of share capital take place?

Copyright Photo: Engin Akyurt / www.pexels.com   Here is our guide to the dos and don'ts of the payment of share capital in Germany. If you're unsure about how you can use your share capital, get in touch with us for some expert advice. If the articles of...

The Future of Online Company Foundation: what does the implementation of EU Directive 2019/1151 mean for founders?

Online company formation is coming The resolution of the "company law package" by the European Parliament brings new possibilities for online company formation. They will roll into Germany by August 2021 at the latest. Importantly for founders from abroad, it will be...

The advantages and disadvantages of the Mini-GmbH – also known as the UG, small GmbH, or 1-Euro-GmbH

Copyright Photo: airdone / depositphotos.com   Are you considering just starting small with a Mini-GmbH? Here’s an overview of the factors which might influence your decision. What is a Mini-GmbH? In Germany, an entrepreneurial company with limited liability is...

What to expect when you move to Germany

Copyright Photo: Niki Nagy / pexels.com   When I moved to Berlin from London six months ago I wasn’t sure what to expect. Here are some things about professional and personal life that I wish I had known before the move to Germany. by Alice Strasburger, Paralegal...

What are articles of association?

Copyright Photo: Pixabay In this article you will learn something about: What are articles of association? Significance of articles of association Minimum components - The following information must contain the articles of association. Additional regulation options -...

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Withdrawal

Cancellation policy

Right of cancellation

You have the right to cancel this contract within 14 days without giving reasons.

The cancellation period is 14 days from the date of conclusion of the contract.

In order to exercise your right of cancellation, you must inform us:

Q-Found Schleicher + Steltzer Partnership of lawyers
Otto-Suhr-Allee 27
10585 Berlin
FAX: +49 (0) 30 627 23 285
info@q-found.de

by means of a clear declaration (e.g. a letter, fax or e-mail sent by post) of your decision to withdraw from this contract. You can use the attached model withdrawal form, but this is not mandatory. In order to comply with the revocation period, it is sufficient that you send the notice of the exercise of the cancellation right before the expiry of the cancellation period.

Consequences of revocation

If you revoke this contract, we will repay you all payments which we have received from you immediately and at the latest within fourteen days from the day on which we received notification of your revocation of this contract. We will use the same means of payment used by you in the original transaction for such refund unless expressly agreed otherwise with you. Any transaction costs shall be borne by the customer.

Special note

Our online offer is aimed exclusively at entrepreneurs. However, according to § 9 of our General Terms and Conditions, we voluntarily grant our clients a right of revocation of 14 days. If, at the time of revocation, our service has already been provided in full or in part, the amount to be returned shall be reduced by the part of the remuneration corresponding to the proportion of the service already performed.