Equity capital consists of money and other assets expressed in monetary value that are contributed to a capital company for the commencement and continuation of its business activities.

Requirements:

• the amount of the equity capital is determined by multiplying the number of shares by the nominal value of each share;
• the equity capital must be expressed in euro. The nominal value of a share must not be less than one cent;
• the minimum amount of equity capital is EUR 0.01 and the maximum amount is EUR 2,799.99;
• the equity capital may be paid only by cash contributions made by the founders;
• the equity capital must be paid in full before the application is submitted;
• when making a cash contribution, irrespective of the amount of the equity capital of the company being established, the founders shall open a payment account in the name of the company being established and arrange for the contribution to be paid into that account. In application form KR4, the founders must certify that a payment account has been opened in the name of the company being established and that the equity capital has been paid into that account.