Nominal value is the value of the share that is laid down in the articles of association of the company. Nominal Value comes into play when a limited liability company (in the Netherlands a B.V.) is incorporated and when its shares are issued. The articles of association determine the initial value of these shares. This initial value stated is called the nominal value. In principle, this nominal value must be paid to the company in order for the shares to even exist and be held by someone. With a Dutch B.V. there is no minimum amount for the nominal value (it can even be less than a cent). For a Dutch NV (often used for stock traded companies) a minimum of €45.000 applies, that must be paid on all of the shares in total at the moment of incorporation.
Amsterdam-based social enterprise Share Council, a FinTech startup focused on “closing the capital wealth gap by making every SME employee co-owner”, announced on Tuesday that it is proud to have raised over €1M in funding from The Sharing Group (known from MyWheels & Mijndomein) and a network of strategic angel investors. Share Council is build on the premise of “everyone a co-owner”, hence the last 100k of stock is now publicly coming available, see sharecouncil.co/invest
Read moreJust 5 Million EU employees own equity in the company they work for. This creates a staggering divide and it leaves Europe behind in the race for global talent.
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