The bank provides the service of receiving and recording funds based on the payment of initial capital for the establishment of companies in accordance with the Company Act. Funds are paid in the national currency: EUR.
The initial capital payment can be made by:
In order to carry out the payment of the initial capital, the identification of the payer/founder (the individual) is carried out as well as the collection of the following data:
In order to carry out the payment of the initial capital, the identification of the payer/founder (the legal entity) is carried out as well as the collection of the following data:
Cashless payment of the initial capital
General instructions for cashless payments:
1 The payer can be exclusively the founder 2 Name of the legal entity in the process of establishment (must be identical to the data from the founding act), OIB of the payer must be stated
Certificate of payment of the initial capital
Upon the payment of the initial capital the Bank issues a Certificate of payment of the initial capital which is attached to the Application for entry in the register at the competent Commercial Court, i.e. the institution that carries out the entry in the appropriate register of legal entities.
For details on Certificate for cashless payments kindly contact email@example.com
Transfer of the initial capital
Upon the registration of the legal entity, the initial capital funds are transferred to the newly open account of the legal entity for which the payment was made.
The transfer of initial capital funds is carried out exclusively to the account of the company for which the initial capital payment was made.
Changing the name of the company in the process of establishment
In the event that during the registration process, a change of name was requested from the Commercial Court and therefore a new Certificate of payment of the initial capital (for the changed name) is requested, the received document form the Commercial Court is attached to the request for issuing a new Certificate.
If the name has been changed and the changed Certificate has not been issued before that, the request for the transfer of funds must be accompanied by either a court summons for the change or a statement by the notary public who drew up and certified the Deed of Establishment that the name was changed during the registration process.
Refund of the initial capital
Funds will be returned to the founder in case any of the events described below occurred. Refunds are made exclusively to the payer’s transaction account.
Refunds are made based on the written request of the founder. The founder submits the request for the refund of the initial capital at the Bank’s offices or submits the request accompanied by the payer’s contact information to firstname.lastname@example.org for further procedure.
The request for the refund must be accompanied by the following documentation depending on the status of the registration/establishment procedure:
If the payment was made from abroad, the payer should contact Karlovačka banka at email@example.com or firstname.lastname@example.org for further procedure.
Recapitalisation (increase of share capital)
Recapitalisation is the process of increasing the share capital of an existing legal entity.
Payment of capital increase in cash:
For the purpose of registering the increase of share capital in the court register, the Bank will also issue a Certificate of Increase of share capital. The Certificate is issued:
The following documents must be submitted to obtain the Certificate of Increase of share capital:
For further information please contact Payments Division at: +385 (0)47 417 366 or email@example.com (published in April 2023)
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