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A comment on One of Estonia's first "e-residents" explains what it means. Parent comment

Re:One of Estonia's first "e-residents" explains what it means by skeletal88 on Wednesday April 04, 2018 @04:45AM (#16753081)
No, it doesn't have to be cash in your bank account, as martkaru explained in the other comment.

I can start a company and declare a really expensive couch as it's assets in the balance and it would be ok.

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Re:One of Estonia's first "e-residents" explains what it means by kriro on Wednesday April 04, 2018 @08:35AM (#16754089)
This is not necessarily the case everywhere and for all legal forms. In Germany there's a "Unternehmergesellschaft" which only requires assets of 1 Euro. It is supposed to turn into a GmbH eventually by accumulating 25k in assets. However it is illegal to simply add an expensive couch as this would be a "verdeckte Sacheinlage" which I believe also exists elsewhere as "concealed/hidden contribution in kind" (IANAL)
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