He wanted to go all out and maximise "company form". Same as optimizing your website for hundred of thousands of visitors even if you have only like one hundred visitors...

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Aurornis 5 hours ago | parent | next [-]

If the parent comment is correct and this form is necessary for personal financial protection, I wouldn’t consider that “all out”.

That’s the bare minimum consideration for a viable company structure.

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valzam 5 hours ago | parent | next [-]

OP wanted to set up a nested copmany structure. Instead of Person -> LLC it goes Person -> Limited Partnership --> LLC. The in between company is only for tax-efficiency and has nothing to do with limited liability.

	▲	kuschku 3 hours ago \| parent [-]
		Even then you'd usually go with a Person -> Holding UG -> Startup UG structure. That's a few hours and less than a thousand Euros.

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dgellow 3 hours ago | parent | prev | next [-]

It’s not necessary. They did something completely overkill

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mpweiher 5 hours ago | parent | prev [-]

It's not.

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earcar 6 hours ago | parent | prev [-]

You get one chance at getting your company form right. Any other new chance costs a ton of money in restructuring. Software is malleable, companies are less so.

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WaitWaitWha 5 hours ago | parent [-]

I am not familiar with German business entity structures, so this is very interesting.

So, if I started a sole proprietorship, it is not possible to convert it to a full blown, privately held corporation in Germany?

	▲	saltmate 4 hours ago \| parent [-]
		It is obviously possible, the process is probably very similar in effort and expenses to founding it in that form directly.