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minimumsaksjekapital

Minimumsaksjekapital, or minimum share capital, is the legally required amount of capital a limited liability company must have at formation and, in some jurisdictions, to maintain during its operations. In Norway, the private limited company (aksjeselskap, AS) must have a minimum paid-in share capital of 30,000 Norwegian kroner. A public limited company (allmennaksjeselskap, ASA) must have a minimum share capital of 1,000,000 NOK. The capital can be contributed in cash or in kind, but in-kind contributions must be properly valued and documented, and the capital must be deposited in a bank account in the company’s name before registration.

At formation, the capital is typically required to be fully paid as specified in the articles of

The concept of minimumsaksjekapital is common in many jurisdictions, serving to safeguard creditors and provide a

association;
contributions
in
kind
require
appropriate
appraisal.
After
formation,
capital
maintenance
rules
aim
to
protect
creditors
by
preventing
distributions
that
reduce
equity
below
the
legal
minimum.
If
a
company’s
capital
falls
below
the
minimum,
corrective
measures
may
be
needed,
such
as
increasing
capital,
restricting
distributions,
or,
in
some
cases,
liquidation.
baseline
for
corporate
governance.
The
exact
figures
and
rules
vary
by
country
and
can
change
over
time;
it
is
important
to
consult
current
national
corporate
law
or
a
legal
adviser
for
up-to-date
requirements
in
a
given
jurisdiction.