Hotline:
400-711-2005
馬來西亞公司Malaysia
The paid up or issued capital are capital used for working capital requirement purposes and there
are time from time you may want to increase your company’s capital to higher level due to whatever reasons.
There are many reasons you may want to increase the paid-up capital of your company, but the following are the 5 common reasons found:
1. Bank - Requested by the bank when applying bank facilities
2. Project -Minimum requirement to qualify for a project tender
3. License – Required by the relevant government departments when applying licenses
4. Suppliers & Customers – Your suppliers or customers may not want to deal with you if your company is having low level of paid-up capital
5. Corporate Image – You may want to re-branding your company’s image by having healthy capital level
1. Deposit the money into company’s bank account & produce the Bank-in slip to company secretary
2. Company secretary will prepare the relevant board’s & members’ resolutions & documents
3. All directors & shareholders must sign the resolutions & documents
4. Company secretary will lodge the Form 24 & 11 to SSM for registration of increase paid-up capital
The following are extracted from the Section 48 of the Companies Act 1965:
“No allotment shall be made of any shares of a company unless the sum payable on application for the shares has been received by the Company. If a cheque for the sum has been received by the company, the sum shall be deemed not to have been received by the company until the cheque is paid by the bank.”
“Every director who knowingly contravenes or permits or authorises the contravention shall be guilty on an offence against this Act.“
It is an legal offence in law and we are unable to increase paid-up capital of the company without receiving the evidence of cash deposited into the company’s bank account from the directors.
24 hour hotline:+86 13588024949 BSI HOT-LINE:400-711-2005
Rm.220,Building3,Yuejuncheng,No.128,Hexing Road,Hangzhou City,Zhejiang,China. TEL:0571-85081281 85081282 85085700 FAX:0571-85081280
To visit in Shanghai:Shanghai xuhui district no. 2020 (HuaYi edifice) 2, 16 floor BSI HOT-LINE:400-711-2005
shenzhen:shenzhen futian district 2012 color entrance garden building A 21st floor BSI HOT-LINE:400-711-2005
Beijing:Beijing chaoyang district no. 88 jianguo SOHO modern city 5, 29 floor BSI HOT-LINE:400-711-2005
Hong Kong:Hong Kong - 55 constant ze commercial building 15 floor TEL:00852-31781676 FAX:00852-31781675
youchuang business consultant co., LTD Copyright? 2005-2015 HKCRS.com All Rights Reserved. 浙ICP備11008125