You'll have a hard time starting a company or anything without consulting a lawyer or legal service in Germany. And you won't be taken seriously e.g. by banks e

You'll have a hard time starting a company or anything without consulting a lawyer or legal service in Germany. And you won't be taken seriously e.g. by banks etc. Fortunately, cost for legal advice on this matter is significantly less than in the US, AFAIK. Plus, you have the bonus of being able to do business in 27+ countries with marginal or no extra effort.