Hannekum & Partner Rechtsanwälte & Notarin
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Legal Services

Corporate Law & Contracts

Legal support for companies and entrepreneurs on contracts, corporate structures and business decisions – from formation through to succession.

Our approach

Structure decides the matter before a dispute begins.

Most corporate disputes arise not from bad faith but from gaps: a legal form that no longer fits, articles of association without an exit mechanism, a supply agreement without a limitation of liability.

We advise founders, shareholders and managing directors on the choice of legal form, the drafting of their agreements and the decisions in between – and we represent them if a dispute arises after all.

Formation advice

Forming a GmbH or UG: legal support

When you form a GmbH (limited liability company) or a UG (haftungsbeschränkt), the articles of association determine how decisions are made, how profits are shared and – if it comes to that – how the shareholders part ways. As attorneys, we advise founders on the legal structure of their company before it is notarially recorded. Legal advice and notarial recording are two separate activities.

Legal advice on formation

Our advice is addressed to the founders themselves and is aligned with their interests.

  • Choice of legal form and the legal structure of the formation
  • Articles of association beyond the statutory model protocol (Musterprotokoll)
  • Shareholder agreements: vesting, tag-along rights, non-compete obligations
  • Managing director service agreements
  • Participation of co-founders and investors
  • Contracts for the start: general terms and conditions, customer and supplier agreements

Notarial recording

The articles of association of a GmbH or UG must be notarially recorded (Section 2 GmbHG). The recording is an independent official act and not a continuation of the legal advice.

  • The German civil-law notary (Notarin) is independent and impartial and explains the legal implications to all parties involved.
  • Notarial fees are set by statute (GNotKG) and are not negotiable.
  • Once individual parties have received legal advice in the same matter, the recording by the notarial office of the same firm is excluded by law (Section 3(1) no. 7 BeurkG) – we clarify this at the outset.
  • More about the notarial office in Ahrensburg

01

Inquiry

You briefly describe your formation project: who is forming the company, with which business model and on what timeline.

02

Assessment and quote

After reviewing your matter, we will inform you of the expected scope of services and the fees.

03

Structure and agreements

We discuss the formation structure and draft the articles of association and the shareholder agreement.

04

Recording and launch

The articles of association are notarially recorded; this is followed by the application for registration in the commercial register and the contracts for day-to-day business.

Request an individual quote

Services

How we support you

01

Formation & choice of legal form

We advise on the appropriate legal form – GmbH (limited liability company), UG (entrepreneurial company with limited liability), GbR (civil-law partnership), OHG (general commercial partnership) or Partnerschaftsgesellschaft (professional partnership) – and guide the formation from the articles of association to registration in the commercial register. The decisive factors are liability, capital requirements and how the business is expected to develop.

02

Articles of association & shareholder agreements

We draft and review articles of association, shareholder agreements and participation arrangements – including vesting, voting rights, compensation on exit and exit clauses. Clear rules now avoid the need for an expert opinion later.

03

Contracts & general terms and conditions

We draft and review commercial contracts – supply, commercial agency and franchise agreements, service and cooperation agreements – as well as general terms and conditions (AGB). Our focus is on liability, deadlines and how matters are resolved in the event of a conflict.

04

Acquisitions & restructuring

We advise on share and business acquisitions (share deals and asset deals), mergers, demergers and changes of legal form – from drafting the agreements through to closing. In doing so, we work closely with your tax advisors.

05

Management & compliance

We draft managing director service agreements, advise on the duties and liability risks of corporate officers, and set up compliance structures proportionate to the size of the company.

06

Shareholder disputes & receivables

In conflicts among shareholders we represent your interests – out of court and in court. This includes the recovery of receivables where unpaid invoices are weighing on liquidity.

Legally precise. Commercially minded.

A contract is only good if it also survives a dispute.

We do not write contracts for the ideal case. What matters is what happens when a shareholder leaves, a customer does not pay or a commitment is not honored. That is why we test every arrangement for its commercial consequences – and tell you when the more elaborate route is the more economical one.

Personal advice

Your contacts

In detail

Commercial and corporate law in Hamburg and Ahrensburg

We advise across the full range of German commercial and corporate law, helping to put your business on a sound legal footing. As attorneys for corporate law in Hamburg and Ahrensburg, we advise in person at our offices and throughout Germany by phone and video.

Our services in commercial and corporate law

  • Formation and choice of legal form

    We advise you on the appropriate legal form for your business and support the formation of companies and partnerships of all kinds, including the drafting of partnership agreements and articles of association.

  • Shareholder agreements

    We draft and review shareholder agreements that set clear rules for how the shareholders work together and help to prevent conflicts.

  • Buying and selling a business

    We provide legal support for company acquisitions.

  • Restructuring and transformations

    We advise on the restructuring and transformation of companies, such as mergers, demergers, changes of legal form and other corporate measures.

  • Commercial contracts

    We draft and review commercial contracts, such as supply, commercial agency and franchise agreements, to safeguard your business interests.

  • Managing director service agreements

    We draft and review managing director service agreements so that all rights and duties are clearly defined.

  • Compliance and corporate governance

    We support you in implementing compliance systems and advise on corporate governance, with the aim of reducing legal risk and strengthening the way the company is run.

  • Disputes among shareholders

    We represent you in conflicts among shareholders and work toward a fair and constructive resolution.

  • Business succession

    We support you in planning and implementing the succession of your business. The aim is to secure the continued existence of the company and to address the legal and tax questions involved in good time.

  • Debt collection

    Recovering unpaid receivables efficiently and on a sound legal basis is of central importance to a company’s commercial position. We pursue your outstanding claims consistently, out of court and in court.

  • International commercial law

    We advise on cross-border commercial transactions and German-US contracts, putting your international business activities on a sound legal footing. For market entry in the United States and when establishing a US company, we advise on the German side of the decision.

German legal forms at a glance

Choosing the right legal form is a key decision for founders and established entrepreneurs alike. It affects not only liability and capital requirements, but also internal organization and how the business is perceived by its partners.

  • GbR and eGbR

    The GbR (civil-law partnership) is the classic form of partnership and is particularly suited to smaller ventures or joint projects among freelance professionals. It can be set up with modest effort and offers a flexible legal framework. The option of entering the GbR in the company register (Gesellschaftsregister) as a registered civil-law partnership (eGbR) gives this legal form greater legal certainty in business dealings, for example in real estate transactions or long-term contracts.

  • GmbH (limited liability company)

    The GmbH is one of the best-known and most widely used legal forms in Germany. It provides a clear separation between company assets and private assets, but requires share capital of at least EUR 25,000.

  • UG (haftungsbeschränkt)

    The UG, an entrepreneurial company with limited liability often called the “mini-GmbH,” makes it easier to start out with limited liability, as it can be formed with a small amount of initial capital. It is therefore particularly suitable for founders who wish to build a clearly structured company with limited funds.

  • OHG (general commercial partnership)

    The OHG is intended for merchants who wish to run a commercial business together. It is straightforward to set up, but entails the personal liability of all partners.

  • PartG (professional partnership)

    The Partnerschaftsgesellschaft was created specifically for the liberal professions, such as physicians, architects or lawyers. It allows professional collaboration to be given a legal structure and liability to be clearly allocated.

  • Other legal forms

    Beyond these basic forms there are more complex structures such as the AG (stock corporation), the GmbH & Co. KG (limited partnership with a GmbH as general partner) or the KGaA (partnership limited by shares). These are frequently used by larger companies, listed companies or for particular tax and liability structures.

We advise on all common legal forms and set out the advantages and disadvantages in your specific case. We also discuss with you the most important contracts in the period immediately after formation – from the shareholder agreement to the first customer contracts.

From first call to solution

Getting in touch

You call or write to us. We establish what the matter is about and which deadlines are running.

Initial assessment

In a consultation we analyze your situation and explain your options, including the costs involved.

Strategy

We agree on the way forward and represent you – in negotiations or in court.

Your attorneys for corporate law in Hamburg, Ahrensburg and throughout Germany

Our aim is to provide practical, legally sound solutions to the challenges your business faces. We place great importance on individual, personal advice tailored to your specific needs and requirements.

We follow case law and legislation in corporate law on an ongoing basis – most recently the Act to Modernize the Law on Partnerships (MoPeG) – and reflect them in our contract drafting. Contact us for an initial assessment.

With our offices in Hamburg and Ahrensburg and by phone and video, we are available to you as attorneys for commercial and corporate law anywhere in Germany – in person or remotely.

Further questions from practice

What does corporate law govern?

Corporate law governs the formation, organization and management of companies as well as the rights and duties of shareholders and partners. Among other things, it comprises the rules on legal forms such as the GmbH, UG, AG, OHG and GbR.

Which legal forms are available in Germany?

The most important are the GmbH (the most common form for mid-sized companies), the UG (haftungsbeschränkt) as a “small GmbH” with low share capital, the AG for larger companies and stock exchange listings, the GbR as a simple partnership, the OHG for merchants with unlimited liability, the KG (limited partnership) with both personally liable partners and partners with limited liability, and the Partnerschaftsgesellschaft for members of the liberal professions.

How is a GmbH formed?

A GmbH is formed in several steps: drafting the articles of association and having them recorded by a notary, paying in the share capital (at least EUR 25,000), registration in the commercial register, trade registration and tax registration. The notarial recording can be carried out, if desired, at the Notarial Office in Ahrensburg.

Can I form a company on my own?

Yes, a single-member GmbH or single-member UG is possible. An AG also requires only one founder, but calls for a more complex structure with a management board and a supervisory board.

How can I sell a GmbH?

A sale usually takes the form of a share deal or an asset deal. The purchase agreement, the valuation of the business, tax aspects and the consent of the shareholders all need to be taken into account.

How can a GbR or UG be converted into a GmbH?

A GbR or UG can become a GmbH by way of a change of legal form. This requires notarization and a new entry in the commercial register.

Questions and answers

Frequently asked questions on corporate law

Which legal form is right for me?

That depends on liability, capital requirements, tax considerations and your business model. The GmbH is the most common choice for businesses that want to limit liability risks; a UG is suitable for founders with little initial capital. We go through the advantages and disadvantages with reference to your specific plans.

What is the minimum capital for a GmbH, UG or AG?

GmbH: EUR 25,000, of which at least EUR 12,500 must be paid in on formation. UG (haftungsbeschränkt): from EUR 1, but with an obligation to build up reserves. AG: EUR 50,000 in share capital.

What belongs in the articles of association?

Besides the company name, registered office, corporate purpose and share capital, above all the rules for when things become difficult: voting rights, majorities for resolutions, inheritance and sale of shares, non-compete obligations, and the compensation and exclusion of shareholders. These are precisely the points that template agreements often leave out.

What are the duties of a managing director?

A managing director must manage the company properly, comply with the law and the articles of association, prepare annual financial statements, pay taxes and social security contributions, and must not make impermissible payments when insolvency is imminent.

Can managing directors be personally liable?

Yes, in the event of breaches of duty – such as delaying an insolvency filing, failing to pay taxes or grossly negligent business decisions. A clear allocation of responsibilities and documented resolutions noticeably reduce this risk.

When are general terms and conditions useful – and when are they risky?

General terms and conditions (AGB) create uniform terms for recurring transactions. Invalid clauses, however, fall away without replacement and the statutory rules apply – often to your disadvantage. We therefore draft and review general terms and conditions to suit your business model and your customer base.

Related topics

Further practice areas

Employment Law

Employment and managing director agreements, personnel decisions and separations within the company.

Germany-USA

Market entry, establishing a business in the United States and cross-border corporate structures.

Individual quote

Briefly describe your project.

After reviewing your matter, we will inform you of the expected scope of services and the fees. You can also reach us by phone in Ahrensburg at +49 4102 77 87 230 and in Hamburg at +49 40 60 85 09 01.

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