Q44: Is it not allowed to use the capital that has been transferred to the account until the company registration is completed? I would like to use it for business operations.


Japanese Certified Public Accountant ・Tax Accountant Hiroya Aihara
Ringo Tax Corporation

A: No, you can use it right away without any problem.

Explanation

When establishing a company, it is necessary to transfer the capital, but there is a misunderstanding that this capital cannot be used until the registration is completed. However, in reality, the transferred capital can be used for the company's business operations immediately after it has been transferred. There is no need to wait until the registration is completed. The transferred capital can be utilized for the company's operations and business development as soon as the establishment is finalized.