Comment by jefozabuss

Not to mention in Germany the quarterly/or even monthly tax accountant fees that could bleed into a couple thousand easily in the first year of operation.

I'd say in Germany for starting a new GmbH you'd need at least 4-5k set on the side for lawyer/notary/accountant fees, this can be deducted from the 12.5k/25k bank account but it's a pain in the ... for the average startup.