Registration of a LLC (SIA) in the Commercial Register
5. Equity
Equity capital is money and other values in terms of money invested in a capital company for the start-up and continuation of business.
Conditions:
- share capital should be expressed in euro. The nominal value of the share must not be less than one cent;
- the minimum share capital is EUR 2800;
- the share capital is paid by the founding fathers and may be paid with a cash or financial contribution;
- until the filing of the application, the fixed capital shall be payable in full;
- when carrying out a cash investment, the founders shall open an account in the bank on the name of the company to be established, organise the payment of money into it, and receive a statement addressed to the commercial register authority of the bank or another document issued by the bank certifying the size of the fixed capital paid up to it;
- when making a cash contribution, the founders shall open a payment account on the name of the company to be established, organise the payment of the money into it and receive a statement addressed to the Commercial Register Authority of the payment service provider or another document issued by the payment service provider certifying the payment of the share capital.
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