Can I use capital money before finishing company registration?
(Question) Can you tell me if I can use capital money that was deposited to bank account until company registration finishes? I want to use it for my business activity.
(Answer) You can use the money deposited in bank account for your business.
After depositing the capital money, you can use it to pay office rent fee or fee for company registration, etc.
You don’t need to keep it until registration finishes.
The flow is like this.
(1) Certification of Articles of Incorporation (2) Depositing the capital money (3) Making copies of the bank account book or getting bank certificate which shows the deposit of the money. (4) Company registration
So, after (3), even if registration process (4) is unfinished, you can withdraw and use it.