Minimum Paid-up capital for PLC

[jb100]

The minimum capital requirement of a PLC (Private Limited Company) is different from one country to another.From Indian context the minimum paid-up capital of a Private Limited Company is INR (Indian Rupees) 1,00,000 and in US Dollar it is nearly 2100. There is no upper limit on having the authorized capital and the paid up capital.It can be increased any time, by payment of additional stamp duty and registration fee.


What's the minimum paid-up capital in your country?

 

[mneilson]

Thanks for describing about PLC company capital in India. But I have some doubt about "Paid-up Capital". What does it mean and how can you describe about paid-up Capital in financial term?

 

[richardm1964]

Thanks for describing about PLC company capital in India. But I have some doubt about "Paid-up Capital". What does it mean and how can you describe about paid-up Capital in financial term?

Hello mneilson,


The Paid-up-Capital may be defined as "The total amount of shareholders capital that has been paid in full by themselves of a company. It is essentially the portion of authorized stocks of the company that has issued and received the payments from shareholders.