Authorized capital is the entire face value of the Company’s shares referred to in the Articles of Association. The authorized capital in principle is the total number of shares that can be issued by the Company
Issued capital is the number of shares that the founder or shareholder has taken. In other words, the issued capital is capital that the founder or shareholder is willing to repay, and the shares have been handed over to related share holder to own.
Paid up capital is capital that has been entered by shareholders as payment for the payment of shares taken as capital placed from the a uthorized capital of the company. Thus, paid up capital is shares that have been paid in full by the holder or owner and at least 25% of the Capital must be deposited at the time of the Company’s establishment.