◈Definition
Authorised capital is the nominal share-capital ceiling stated in the company’s memorandum. It is distinct from issued, subscribed and paid-up capital. It does not measure valuation, cash or creditworthiness. Alteration depends on the applicable articles, resolutions and statutory requirements; do not infer a planned funding round from the unused nominal amount.
◉See also
Paid-up Capital
The amount of share capital actually subscribed and paid by shareholders.
Subscribed Capital
The nominal share capital subscribed for by members.
Form SH-7 (Capital Changes)(SH-7)
The form used to notify the ROC of any change in a company's authorised share capital.
Memorandum of Association(MOA)
The constitutional document defining a company's name, objects, registered office state, and capital.
⬢Related guide
Official references and corrections
References explain the underlying rules. They do not certify a particular company, director or CorpIntel record. Check current amendments, notifications and the documents for your situation.
Team CorpIntel
Editorial & Research Desk
CorpIntel's publishing desk for company data explainers and corporate research guides.