How To Form The Authorized Capital

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How To Form The Authorized Capital
How To Form The Authorized Capital

Video: How To Form The Authorized Capital

Video: How To Form The Authorized Capital
Video: Paid Up Capital, Authorized Capital & Issued Share Capital - #6 MASTER INVESTOR 2024, April
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The formation of the authorized capital is a mandatory procedure when registering an enterprise, since it acts as a certain guarantor of the company's ability to cover its obligations. If a firm owns some property, then it can count on more confidence from creditors.

How to form the authorized capital
How to form the authorized capital

Instructions

Step 1

Read the requirements for the authorized capital established by the Law No. 14-ФЗ dated February 8, 1998 "On Limited Liability Companies". It is legally regulated that the amount of the authorized capital must not be less than one hundred times the minimum wage, which is determined by federal law in effect on the date of filing documents for registration of an enterprise. This value is insignificant and will not be able to guarantee the interests of creditors, but at the same time it enables a person to open his own business without high costs.

Step 2

You can invest in the authorized capital of money, securities, property rights and other things and rights that have received a monetary value in accordance with Article 15 of Law No. 14-FZ. Provide at registration a package of documents on the funds that will be used to form the authorized capital. If you plan to invest money, then you need to open a savings account for the company in the bank, where this amount will subsequently be deposited.

Step 3

Pay at the time of registration of the company at least half of the formed authorized capital. The remainder is paid by members of the organization during the first year. If this obligation is violated, then it is necessary to declare a decrease in the amount of the authorized capital and carry out the procedure for registering the changes made in accordance with the established procedure. If this is not completed within a certain time frame, then a decision may be made to terminate the activities of the company through liquidation.

Step 4

Go through the bureaucratic procedure for state registration if a decision is made to increase the amount of the authorized capital. It is only necessary to invest in your company in this way, since financial assistance to commercial enterprises is subject to income tax and value added tax, which will significantly reduce your investment.

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