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Concerned Companies |
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Commercial companies particularly PLC (Public Limited Company), Ltd (Limited Company), SJSC (Simplified Joint Stock Company) |
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Relevant Administration |
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Bank
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Requirement |
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The submission shall be made within 8 days from the receipt of funds by the company. |
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A certificate blocking the amount of the released capital shall be issued by the bank |
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Supporting Documents |
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For PLC, SJSC: statutes, Negative Certificate, identity papers, subscription bulletins
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For Ltd: All documentary evidence except the subscription. |
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For SJSC: Total blocking of the amount of the released capital.
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For PLC and Ltd: Blocking of ¼ of the amount of the released capital. |