There is no need for a company to be able to cover liabilities. It's a stupid rule.

It's an important rule if you want the liability protections associated with a limited liability corporation

If you just want to start a business, without any associated shell companies or liability transfers, it costs $0 and requires filing one sheet of paper. It is very easy!

https://www.formulare-bfinv.de/ffw/form/display.do?%24contex...