I'm not saying it's great, it's just that German culture has no place for no collateral LLC's. We don't do this here, our business culture is much closer to medieval trade guilds still, rather than a modern globalized economy.
I really get tired of the old world bullshit, especially regarding share capital. It seems it was more useful as a form of Proof of Stake to support old isolated currencies that doesn't have much relevancy in a monetary union.
But I'm glad Luxembourgh, Estonia and others do things that mirror new world novelties, while remaining easier to bank in the EU with than non-EU entities, and look familiar to EU residents.
