One cent is enough to start a private company

On February 1, 2023, the new Commercial Register Act entered into force, and in addition, more than a hundred amendments to the Commercial Code will enter into force. We will try to bring them to you little by little.

While currently, the share capital must be at least 2,500 euros according to the Commercial Code, as of February 1, there is no longer a minimum capital requirement. Since the smallest nominal value of a part will continue to be one cent, the share capital must be at least one cent from February.