another CRO filing related question.

[iamthemoney]

evening folks,

i have a limited company that is approaching is first 6mth ARD.

I am the single share holder of the company, and few questions re the return.

the share capital of the company is €1,000,000 divided into 1,000,000 ordinary shares at €1 each.

there are only 100 issued shares, and i hold the 100 shares, does this mean that i have to deposit €100 into the company bank account?

thanks,

 

[mandelbrot]

No, the company has the €100 in cash from the issue of those shares...

 

[iamthemoney]

No, the company has the €100 in cash from the issue of those shares...

thanks thats another way of thinking about it

 

[Joe_90]

Normally what happens is that the directors pay say €300 to have the company formed.

€100 is transferred against the share capital and the balance is due back to the directors.

 

[FmaRara]

very glad

I'm very glad to see yours message here