How To Found a Company In Germany: 14 “Easy” Steps And Lots Of Pain – Oliver Eidel’s Blog:

Germany has a reputation for precision and adhering to rules.
I’m not sure how any of these aspects apply to the founding of companies though. It’s just damn slow, painful and sometimes borderline broken.

The capital requirements alone would eliminate a lot of folks. Here in the US, you just say you’re a business, run it under your own name, and file taxes as a sole proprietor, and you’re good to go.

There are reasons why you might want a separate business name or to run your business as an LLC, which might add up to a couple hundred bucks. The larger point is that anyone in the US can be an entrepreneur. Not so in a great number of other countries, and it’s one of the reasons why American capitalism is prized by the doers of the world.