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This is wrong. The UG offers the same protection as the GmbH. It's probably less trusted.

Funfact: you should always use the full title, Companyname UG (haftungsbeschränkt) on all communications and contracts. Emitting the 'haftungsbeschränkt' or shortening it 'haftungsb.' may make you as a CEO personally liable for damages occured.

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WA|1 year ago

You, as CEO, are also personally liable in a GmbH if you screw up very badly. In reality, it might not happen too often, but if you act illegally, you're on the hook: https://de.wikipedia.org/wiki/GmbH-Gesch%C3%A4ftsf%C3%BChrer...