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MatthewMcDonald
5y ago
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I don't know about the bankruptcy laws, but Germany's GMBH (similar to an LLC) requires 25k in capital to get started.
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jbverschoor
5y ago
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It used to be 18k here. Not anymore. However an LLC will provide you with almost no protection anymore.
tluyben2
5y ago
What does that mean? A BV protects you unless you pierce the veil. You are negligent or a malicious if you do so; otherwise it does protect you. But maybe you mean something else.
thesimon
5y ago
UG requires only 1ct, though extracting profit is a bit more difficult until you get to 25k.
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