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
When must I pay the paid-up capital and where?
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.
What is the minimum paid-up capital for incorporating a company in Singapore?
A Singapore company can be registered with a minimum paid up capital of S$1 (Or its equivalent in any currency).
What is the minimum paid-up capital required for a subsidiary company in Singapore?
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 registered with a minimum paid up capital of S$1 (or its equivalent in any currency). The paid-up capital of the company can be utilized towards the…Read More
What is the minimum Authorised Capital for Incorporating a Singapore Company?
There is no Authorised Capital requirement for a Singapore company.
What is the procedure for increasing paid-up capital at a later date?
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