Overview
Share capital refers to the monetary and non-monetary assets, valued in euros, that are invested into a capital company to initiate and sustain its operations.
Key Requirements:
- The share capital must be denominated in euros.
- The minimum nominal value of a share is one cent.
- The minimum required share capital is EUR 2,800.
- Share capital must be contributed by the founders, either in cash or as a non-cash (in-kind) contribution.
- The full amount of the share capital must be paid before submitting the company registration application.
Cash Contributions:
- Founders must open a bank account in the name of the company being established.
- They must deposit the capital into this account and obtain a statement from the bank addressed to the Commercial Register Authority, or another official document from the bank confirming the paid-up capital.
- If the contribution is made through a payment service provider, the same steps apply—opening an account in the company’s name, making the deposit, and receiving confirmation from the provider.
Non-Cash (In-Kind) Contributions:
- If any part of the equity capital is provided as a non-cash contribution, its value must be assessed in accordance with Section 154 of the Commercial Law.
- The contribution must be evaluated by a certified evaluator listed in the official register. The evaluator must not be a relative of the property owner up to the third degree, a spouse, or an in-law up to the second degree, nor have any vested interest in the property.
Simplified Valuation for Small Contributions:
- If, when forming a limited liability company, the total value of non-cash contributions does not exceed EUR 5,700 and these contributions make up less than half of the company’s share capital, the founders themselves may assess the value.
- In such cases, all founders must sign the valuation opinion.
