Minimum capital requirements aren't useless. A limited liability entity is only liable up to its capital assets. This ensures that the company has capital assets to level against if it is sued by creditors, etc.
Actually, that's a pretty common misconception. The only information is that there was at least a base capital. You can spent all of that on wages, then it's gone. But it certainly shows that someone had the dedication to invest a certain amount and thus has an incentive to keep the company alive.