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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.
by MatthewMcDonald 5y ago
I don't know about the bankruptcy laws, but Germany's GMBH (similar to an LLC) requires 25k in capital to get started.
- thesimon 5y agoUG requires only 1ct, though extracting profit is a bit more difficult until you get to 25k.
- jbverschoor 5y agoIt used to be 18k here. Not anymore. However an LLC will provide you with almost no protection anymore.
- tluyben2 5y agoWhat 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.