One-person company to avoid social security obligations?
Since 2008, the formation of a corporation has been greatly simplified, as since then it has also been possible to form so-called limited liability companies - UG for short - with a "share capital" of one euro. As shareholder-managers, the shareholders are generally not subject to social security contributions. Some resourceful entrepreneurs have now taken advantage of this fact, founded a UG and provided services for third parties.
