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What is the licensed capital of Joint Stock Company?

What is the licensed capital of Joint Stock Company?

  • By mmadmin
  • 8 May 2023
  • 0
Joint Stock Company’s licensed capital is as follows: The law stipulates that the licensed capital shall not exceed ten times the exported capital and is optional for the founders to provide for it in the company’s incorporation contract or not. If it is stipulated in the company’s contract, it is to facilitate the company when […]
What is the capital exported in joint stock company?

What is the capital exported in joint stock company?

  • By mmadmin
  • 8 May 2023
  • 0
Many customers always ask this question and answer it as follows: The law stipulated that the capital exported in the joint stock company was not less than Pound250,000 and the law did not set a cap on it. Source capital may consist only of a cash share and may consist of a cash share and […]
Capital in Join Stock Company Closed Subscription?

Capital in Join Stock Company Closed Subscription?

  • By mmadmin
  • 8 May 2023
  • 0
The capital of JSC is divided into shares of equal value and these shares are tradable. Its capital is called exported capital. Its minimum capital is Pound250 thousand. There is no cap on capital. 10% of the value of the capital exported at the time of incorporation shall be repaid and 15% shall be paid […]
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