Tag Archive for: Competence

Unternehmergesellschaft / UG (haftungsbeschränkt) – Foundation, Financing, Liability & Co.

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Unternehmergesellschaft / UG (haftungsbeschränkt) – The Unternehmergesellschaft (haftungsbeschränkt) is a German legal form based on the legal form of the Gesellschaft mit beschränkter Haftung (GmbH). It is considered to be the little sister of the GmbH and is therefore often referred to as the “mini-GmbH”. Basically, there are only minor differences between the UG (haftungsbeschränkt) […]

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Quorum (WEG) of a condominium owner

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Quorum (WEG) – The competence of the condominium owners to pass resolutions in the owners’ meeting is defined by law. The quorum is a prerequisite for passing effective resolutions. The manager must check the quorum of the participants at each owners’ meeting in order to ensure the validity of a resolution. Quorum (WEG) at a […]

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