Or assets, or equipment or whatever. You need quite a bit of money to put into it that you won't necessarily get back if it fails. The point is, whether it's 2

Or assets, or equipment or whatever. You need quite a bit of money to put into it that you won't necessarily get back if it fails. The point is, whether it's 25k or 12.5k, and whether it's reserves or founding capital, share capital, equipments, assets, savings or whatever else, or whether it's 1 EUR as in the case of a UG but you have to save 25% of profits until you hit 25k - it's all still a significant barrier to forming an LLC that other countries have proven is unnecessary. That, along with paperwork, high costs, notary requirements, slow timescales and a time consuming dissolution process. There are a bunch of other countries within the EU that make the process much quicker, simpler and cheaper, so it's hard to see what reason one would have to bother with the German system.