What is authorised capital? | FAQ | Setup A Company

What is authorised capital?

The concept of authorised share capital was abolished with effect from 1 October 2009. Before this date, the authorised share capital of a limited company was the amount of capital with which it starts with on incorporation and which the old style memorandum of association stated. A company’s authorised share capital is not the same as its issued capital and the authorised share capital.

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