They state that in the post, it is a tax-optimisation since it is a single-person company.
replyMaybe not a relevant experience then, as most people in this forum look for startup advice and take on external investment.
replyYou can totally setup a Inc or LLC equivalent pretty fast in Germany as long as you stick to the standard. What he is setting up is basically an LLC owning an Inc.
I guess that’s what happens when you get advised by a lawyer.
replyThis. Is founded (and liquidated) my GmbH with only 12.500€ deposited to the business bank account. Note this is not a cost, it just moves to the corporate account and can be used to pay expenses (notary, lawyers, hardware etc.). The remaining 12.500 are a permanent loan that the proprietory needs to cover on in case there is a liquidity shortage or liability suit etc. In my case I never paid the remaining 12.500€, and in liquidation process it balances out to zero.
replyBut if you think founding a german company is difficult, wait until have you do an ordered liquidation (not bankruptcy) - that is madness on its own.