Before Brexit there was the 1£ Ltd. as a famous contender, which got quite attraction and lead to creation of German UG. Nowadays Estonia is advertising their quick digital registration process.
The problem is that you are still bound to the individual countries legal system and many things there aren't unified. Having to appear at an Estonian court as your books don't comply with Estonian regulation (while at the same time for tax purpose your bookkeeping have to comply to your local legislation) isn't fun.
Also people don't know those names. What is a GmbH, an A.S., an OÜ? Is that a serious business or some shady shell company far off?
