Paid-up capital is monies paid by shareholders to the Subsidiary to purchase the Company shares, and these monies can be utilized for all company expenses, including paying off all of the Subsidiary’s debts. There is no personal liability on the individual shareholder if the necessary amount for the shares subscribed…Read More
Company Incorporation FAQs / Paid-up Capital
The issued share capital must be paid up immediately upon incorporation into the corporate bank account. Companies also have the option to allot cash or non-cash as shares. However in the event of non-cash, we require the liquidity value of the non-cash item.
There is no Authorised Capital requirement for a Singapore company.
You will first need to inject the necessary capital into your company bank account and send us a copy of the bank deposit slip showing the capital injection. Upon receipt of the proof of capital injection and obtaining your signature on the necessary documents, we will be able to update…Read More
Paid-up capital is the total amount of capital that has been paid in full by shareholders in a company.
The paid up capital can be of any legal currency.