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 paid up capital

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TSgreddym3
post Mar 18 2008, 09:08 PM, updated 18y ago

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hye..just want to ask simple question

1.what is paid up capital vs authorised capital ?
2.if u have paid up capital rm100k means what?
3.how to pay? where to pay? pay to who ?

sorry im newbie in business hehe...
*devilelle*
post Mar 19 2008, 10:15 AM

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From: Beverly Hills



QUOTE(greddym3 @ Mar 18 2008, 09:08 PM)
hye..just want to ask simple question

1.what is paid up capital vs authorised capital ?
2.if u have paid up capital rm100k means what?
3.how to pay? where to pay? pay to who ?

sorry im newbie in business hehe...
*
authorised capital is the limit that you can paid up....
for example if you have RM100,000 authorise capital, your paid up shouldnt be more than RM100,000.......
if you have RM100k means that you have invest that sum of money to your company....
where you should pay????
to your bank account lol and the audited account and FORM 24 of the company will show out how much you have put in your bank account and invest in the company......
this is the easy explanation.....
dinmalek
post Mar 22 2008, 11:28 PM

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and also that paid-up capital is the stake of shares you holding in the company from the total authorised capital.

 

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