Authorized capital
Authorized capital is the maximum (nominal) amount for which 
					
					
					
					share
					
					The portion of registered capital of a private or public limited company 
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					shares (
					
					
					
					share
					
					The portion of registered capital of a private or public limited company 
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					stocks) can be issued. The amount of authorized capital is set in the 
					
					
					
					articles of association
					
					A document, drawn up when a Company or legal person is set up, and which regulates the operations of the company and defines its purpose.
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					Articles of Association of the legal person. Only legal persons with 
					
					
					
					share
					
					The portion of registered capital of a private or public limited company 
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					share capital, like limited companies, have authorized capital.
Following the entry into force of the flex-limited, the authorized capital for a Dutch 
					
					
					
					private limited company ( Ltd.)
					
					A legal person of which the registered capital is divided in shares
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					private limited company is optional. According to Law at least 1/5th of the authorized capital for a public limited company must be subscribed. As the paid-up part of the subscribed capital has to be at least € 45.000, the authorized capital of a Public limited company is usually € 225.000. 
