[MatthewMcDonald]

I don't know about the bankruptcy laws, but Germany's GMBH (similar to an LLC) requires 25k in capital to get started.

[thesimon]

UG requires only 1ct, though extracting profit is a bit more difficult until you get to 25k.

[jbverschoor]

It used to be 18k here. Not anymore. However an LLC will provide you with almost no protection anymore.

[tluyben2]

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.