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.
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.
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 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