U.S. Business Law

Establishing a Company

Welcome

Welcome to the Website of Rechtsanwaltskanzlei PECHER. We are pleased that you visit our Internet presence.  As modern company, we want to provide you with all online information about the services that we offer.
Briefly, you should know the following about us.  We are a young team, whose expertise lies specifically in the area of international law.  
 
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This includes primarily the German Probate and Inheritance Law & German Family Law, German and U.S. Corporate Law including Great Britain's corporate law, U.S. Contract Law and the Recognition and Enforcement of German Judgments in the USA, Enforcement of U.S. Judgments in Germany and the U.S. Immigration Law and German Immigration Law.

Criteria for a British LLC

  • Liability does not extend past stock ownership
  • Private property is protected. However, there are specific requirements with regard to the protection of private property, for example, if you wish to protect your shareholders and not pierce the corporate veil, then you must maintain enough equity within your company to do so.
  • Stocks: Must be worth a minimum of 1 British Pound. These stocks do not need to be paid nor proven.
  • Nominal Capital: Must stay in reasonable relation to the sales of the LLC in order to avoid Piercing of the Corporate Veil. 
  • Financing:  When financing a company it is illegal for shareholders to publically announce stock offers.
  • Establishment and Follow-up Costs: The establishment of a British Limited Liability costs 1500.00 Euros.
  • The follow-up costs are relatively high and are incurred through the filing of necessary paperwork as well as balance sheet reports. The cost is comparable to a German tax accountant.