Registration of a LLC (SIA) with no minimum capital requirement 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:
- the size of the fixed capital consists of the number of shares and the product of the nominal value of the share;
- share capital should be expressed in euro. The nominal value of the share must not be less than one cent;
- minimum fixed capital size is EUR 0,01, maximum EUR 2799,99
- the share capital shall be payable only by means of a cash contribution paid by the founding members;
- until the filing of the application, the fixed capital shall be payable in full;
- the founders shall open an account in the bank in the name of the company to be established, organise the lodging of money in it or the founders shall certify the payment of the share capital in the application