Zero999 suggested early on that R103 in series with the cap would limit the current. But wouldn't it reduce the voltage the capacitor sees as well. As the AC cycles, any voltage that appears across the resistor reduces what the capacitor sees. Would that permit using a lower rated part? Well, the resistor would have no voltage drop at zero load, so the cap would see the full AC, but there would be no current flow. So maybe you still need the full voltage rating. But unless the zener fails, you're always going to have some load.
Aside from that, this circuit still looks odd to me. I guess what I'm used to seeing is the dropper capacitor and resistor feeding into a FWBR. Here you have the bridge rectifier in the circuit, but you don't use it. Instead, you have essentially a half-wave power supply. I don't see why you would do that.