[sschueller]

I agree on application costs to be less but I believe a company needs to bring some capital. In Switzerland you need to pony up 20k in startup capital for a GmbH or 100k for an AG (ignoring the 50k work around), it belongs to the company but guarantees some security for customers and vendors that you aren't just going to take their money and run.

In Switzerland you don't even need to collect VAT until you make at least 100k a year so I find requiring some capital ok.

[jaggirs]

You can pony up however much money you want and show customers the founding document that says the amount the company was started with. I believe it's usually publically available even.

Forcing certain minimum amounts is just arbitrary gatekeeping and prevents companies that don't need that 'trust' and don't have the money from being created.