#1  
Old 23-Sep-2005, 10:02
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Default Explaining words
Dear Sirs,

Kindly explain how different between 2 pharses below:

Authorzied capital & Up-to-paid capital.

Thanks & best regards,
Ly
  #2  
Old 23-Sep-2005, 15:14
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Default Re: Explaining words
Authorized capital is the amount a company is allowed to raise.
Paid-up capital is capital where the money has been given to the company, not just promised.
  #3  
Old 24-Sep-2005, 02:20
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Default Re: Explaining words
Quote:
Originally Posted by tdol
Authorized capital is the amount a company is allowed to raise.
Paid-up capital is capital where the money has been given to the company, not just promised.

Thank you Sir
Ly
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