Re:How and why I built Japan Dev
by mytailorisrich on Tuesday August 16, 2022 @06:46AM
(#32481230)
Aren't the 25k euros only capital requirements? (i.e. you have to bring them into the company as capital but then they don't have to remain in the company's bank account).
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Re:How and why I built Japan Dev
by radiospiel on Tuesday August 16, 2022 @08:58AM
(#32482169)
It is also not strictly "capital" requirement. You can bring in non-capital value (like buildings, machines, etc.) into the company, but AFAIK this is much harder and hardly worth the extra hassle.
Re:How and why I built Japan Dev
by mytailorisrich on Tuesday August 16, 2022 @09:07AM
(#32482247)
It is capital requirement, but it does not have to be cash. It is not unique and is allowed in many jurisdictions.
isnt it pretty common for people to pay their expenses with their LLC bank # because it doesnt matter what you spend it on if x amount of dollars goes through the account it allows you privilege of credit