Drafting Articles of Association: Using Templates and ChatGPT Sensibly
Table of contents
At a glance
- The articles of association, for a GmbH or UG the Gesellschaftsvertrag, govern the internal order of the company.
- For a GmbH or UG, the articles of association are a mandatory part of the formation.
- Templates and ChatGPT can help with understanding and structuring.
- Individual provisions should be reviewed by an expert.
- For a GmbH or UG, notarisation is required.
Meaning and function of the articles of association
Which legal forms require articles of association
- GmbH and UG: Articles of association are required here and must be notarised.
- Association and cooperative: Articles are also required here, but within a different legal framework than for a GmbH.
- Sole proprietorship and freelance activity: Articles of association are not required.
- GbR: A partnership agreement is not legally prescribed in the same form as for a GmbH. Especially with several partners, however, a written agreement is strongly recommended.
Where to find reputable templates
Templates as a starting point, not a final version
Which sources are suitable for orientation
- Chambers of Industry and Commerce (IHK): Some chambers provide templates or guidance. They offer initial orientation but do not replace a review of the specific draft.
- Start-up portals and contract generators: They offer templates with basic building blocks, often for simple single-person companies.
Which points you should check individually
Typical areas that are adapted
- Company purpose and field of activity
- Management and representation rules
- Voting rights and majority ratios
- Profit distribution and withdrawal rights
- Succession and compensation rules
- Redemption or transfer of shares
How to describe the company purpose clearly and understandably is explained in the article on defining the company purpose.
Taking individual risks into account
ChatGPT as a supporting tool
Limits of AI-based support
AI often writes convincingly, even when the content does not hold up legally. A clause can sound linguistically clean and still be objected to by the register court. Use ChatGPT for language and understanding, not for legal assessment.
Model protocol or individual articles of association
Individual articles of association, on the other hand, offer the opportunity to tailor internal processes, decision-making channels and the rights of the shareholders precisely to the needs of the company. They thus create a better basis for long-term stable and legally clearly regulated cooperation. How a formation proceeds step by step is explained in our articles on setting up a UG and setting up a GmbH.
Structure of UG or GmbH articles of association: typical outline
Common areas of regulation
- Company name and registered office: name and seat of the company.
- Company purpose: the business activity of the company.
- Share capital and shares: amount of share capital and its distribution among the shareholders.
- Management and representation: who manages and represents the company and what powers this entails.
- Shareholders’ meeting: how it is convened and how resolutions are passed.
- Appropriation of profits: how profits are distributed or retained in the company.
- Succession and share transfer: what applies when a shareholder leaves or shares are transferred.
- Dissolution of the company: under which conditions the company ends.
What unclear or faulty articles of association can trigger
Notarisation: procedure and costs
Preparation
Notarisation procedure
Cost overview
Notary fees are governed by the statutory provisions of the Court and Notary Fees Act (GNotKG). Factors include the share capital, the type of formation and the scope of the desired provisions. An overview of the total formation costs can be found in our article on formation costs.
Common mistakes before notarisation
- unclear distribution of voting rights
- imprecise wording of the company purpose
- missing succession rules
- outdated or incomplete templates
Checklist for founders
- select a suitable template and use it as a basis
- word the company purpose clearly and precisely
- adapt voting rights and profit distribution rules
- clearly define management and representation powers
- review and include succession and compensation rules
- take individual risks and industry-specific features into account
- have the draft reviewed by a notary or specialist lawyer
- have the articles of association notarised and the commercial register application submitted via the notary’s office
Clarify open points before notarisation
More from the series: preparing for formation
Clarify the next step of your company formation with legal certainty
Frequently asked questions about articles of association and ChatGPT templates
For a GmbH or UG, the legally more precise term is Gesellschaftsvertrag. Colloquially, people often speak of the Satzung. For associations and cooperatives, Satzung is the usual term, but within a different legal framework.
The statutory minimum content of GmbH articles consists of the company name, registered office, company purpose, the amount of share capital and the number and nominal amounts of the shareholders’ shares. Additional provisions on management, representation, voting rights and appropriation of profits are sensible but not prescribed in every case.
A model protocol may be sufficient for simple formations with no more than three shareholders and one managing director. It is not suitable for individual or more complex provisions.
ChatGPT can provide a draft or wording suggestions. Whether these are legally suitable and complete and fit the specific case must be checked by an expert.
A free template can serve as initial orientation. Whether it suits your formation and covers all necessary points can only be said after adaptation to the individual case and an expert review.
Yes. Amendments to the articles of association are possible. For a GmbH or UG, the amending resolution must be notarised and the amendment filed for registration in the commercial register. The majorities required for this follow from the articles of association and the law.
The costs are governed by the Court and Notary Fees Act and depend, among other things, on the share capital, the number of shareholders and the scope of the articles. Additional provisions increase the effort.
For a GmbH or UG, notarisation of the articles of association is required by law. The notary’s office also ensures that the documents required for the commercial register application are properly prepared and submitted.
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Put your articles of association on a secure footing
A template or an AI draft can be a good start. What matters is that the text fits your company: the people involved, the decision-making channels, the shareholding ratios and the plans for the coming years. Especially with a GmbH or UG, it is worth clarifying these points calmly before notarisation.
Notary Franke supports you in reviewing and notarising your articles of association and explains the next steps clearly.