Company C is incorporated by the issuance of 1000 shares with nominal value of EUR 1000 each fully subscribed. During the extraordinary shareholder’s meeting ("EGM") that took place on February 1st 2019, 80 % of the capital is called. Contributions are made on the same date as the EGM.
On the same date, notary fees of EUR 10.000 related to the creation of the company are billed to the company. The Company pays these fees immediately but would like to protect as much as possible its net income for its first year of incorporation.