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Minimum capital required for Private LTD?

  • 10-08-2019 06:45PM
    #1
    Mayoman007
    Registered Users, Registered Users 2 Posts: 28 ✭


    What is the minimum capital/shares required for a Private ltd company?


Comments

  • #2
    ismat
    Registered Users, Registered Users 2 Posts: 169 ✭✭ismat


    Mayoman007 wrote: »
    What is the minimum capital/shares required for a Private ltd company?
    €1


  • #3
    Mayoman007
    Registered Users, Registered Users 2 Posts: 28 ✭Mayoman007


    I need to hire a full time employee from first day but maybe company would not get enough business to pay employee wages in first few months.

    In this scnerio do I need enouh investment in my company or is there any other way?


  • #4
    ismat
    Registered Users, Registered Users 2 Posts: 169 ✭✭ismat


    Mayoman007 wrote: »
    I need to hire a full time employee from first day but maybe company would not get enough business to pay employee wages in first few months.

    In this scnerio do I need enouh investment in my company or is there any other way?
    You would need to loan the money to the company yourself. You can take the loan back when the funds are available in due course


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