TL;DR
No. Share capital is not an expense: it is the money you contribute to your company. It is blocked during formation, then released to the company's bank account after registration, and the company can use it for its business. The legal minimum is €1 for a SAS, SASU, SARL and EURL. 
Service-public
What changes with the amount
| Capital | Effect |
|---|---|
| €1 to a few hundred euros | Formation is possible, but it sends a weak signal to a bank or supplier |
| €1,000 to €5,000 | Common for a consultant or a small shop |
| Higher | Reassures partners; protects against the procedure that applies when equity falls below half the share capital |
You do not have to pay it all in at formation: at least 50% for a SAS/SASU, 20% for a SARL/EURL, the rest within 5 years.
Written by Razvan Toma, founder of LegalRapide. How we check our figures · LinkedIn