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
Frequently Asked Questions : 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
Is there a minimum Authorised Capital for Incorporating a Singapore Company? There is no Authorised Capital requirement for a Singapore company.
What do you mean by Paid-up Capital? Paid-up capital is the total amount of capital that has been paid in full by shareholders in a company.
A Singapore company can be registered with a minimum paid up capital of S$1 (Or its equivalent in any currency).
Paid-up capital is essentially the portion of shares that the company has issued and received payment for in full. A Singapore company can be
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
The paid up capital can be of any legal currency.
No, the paid-up capital can be taken out immediately, but the money can be spent only for the business needs of the company.
Yes you can. It is a fairly simple process and involves the following steps: Inject additional capital into the company bank and send us a copy
Yes, non cash consideration such as fixed assets can be used as consideration, for as long as sufficient evidence of the valuation of the assets is
There is no lockup period for paid-up capital. You can start using it for your company needs immediately.