Sections Overview
(1) The company’s share capital must amount to no less than 25,000 euros.
(2) The nominal value of each share must be a full euro amount. A shareholder may subscribe to several shares upon formation of the company.
(3) The amount of the nominal values of the individual shares may be variously determined. The sum total of the nominal values of all the shares must equal the amount of the share capital.
(4) If contributions in kind are to be made, the object of the contribution in kind and the nominal value of the share to which the contribution in kind refers must be specified in the articles of association. The shareholders are required to set forth in a report on company formation on the basis of contributions in kind the material circumstances which establish the appropriateness of the payments for contributions in kind and, where an enterprise is transferred to the company, to state the annual results of the two previous financial years.
Author & Law firm
Rechtsanwalt Dr. Thomas Wülfing
Lehmweg 17
20251 Hamburg
Tel.: +49 40 480 63 9 – 0
Thomas.Wuelfing@WZR-Legal.com
WZR Insolvenz GbR specializes in insolvency administration, corporate recovery and counseling of creditors.
Our cross-sectoral working insolvency experts call on many years of experience, have profound knowledge in insolvency administration and have been appointed in more than 3,000 insolvency proceedings since our company’s incorporation.
About the author:
- Lawyer licensed in Germany
- Certified Specialised lawyer – corporate and commercial law
- Certified Specialised lawyer - tax law
- Chartered accountant
Dr. Thomas Wülfing is not only WZR's managing partner and one of the law firm's founding partners, but he also is the partner in charge of corporate, commercial and tax law matters. Moreover, he also is the managing director of WZR Wirtschaftsprüfungsgesellschaft mbH (accounting firm) and WVS Steuerberatungsgesellschaft mbH (tax advisory firm).
He provides national and international corporate law advice and counsel to managing directors, executive boards, and partners and shareholders of renowned enterprises. When it comes to matters involving finding solutions for intercorporate conflicts, implementation of complex corporate transactions or development of strategies to maximise tax benefits, he is a most valued advisor.
As a lawyer specialised in corporate and tax law matters, and especially as the initiator of the international network of lawyers, GERMELA, he is most familiar with the various legal and non-legal issues that German enterprises will encounter when venturing abroad.
Dr Wülfing also puts his business experience to use on various supervisory boards, advisory committees or boards of trustees of foundations. The realisation of various charitable projects is a matter close to his heart.
He has authored various articles on corporate, commercial and tax law issues. He also holds lectures on topics concerning international tax law, and he is frequently consulted about current legal developments by a leading German business magazine.
It is WZR Insolvenz GbR’s philosophy to efficiently execute each proceeding independent of its size with full dedication, due diligence and to the benefit of all involved parties. For these purposes our insolvency administrators are supported by a highly qualified and experienced team of 40 staff members across the offices who take care of the list of creditors, the collection of debts, accountancy, matters of employees and taxes as well as the distribution of dividends.
Berlin, Cologne, Essen, Frankfurt on the Main, Gütersloh, Hamburg, Hamm, Munich, Münster, Rostock, Schwerin, Sao Paulo, Peking, Dubai, Teheran
- WVS Steuerberatungsgesellschaft mbH
- MedAdvisors GmbH
- WZR Wirtschaftsprüfungsgesellschaft mbH
- WZR Sportadvisors GmbH
To Commentary for lawyers
on Section § 5 Stammkapital; Geschäftsanteil
Relevance for legal relations