👉 Your questions about the modalities of the operation:
Why can't funds of the increase be transferred directly to my Qonto account?
Qonto is not accredited by the “ACPR” to provide a deposit certificate, therefore we will not be able to provide you this document if the subscriptions have been transferred directly into your Qonto account.
In order to obtain a deposit certificate, the capital increase procedure set up by Qonto and our notaries partners must be followed.
Are "open" funds raising accepted at Qonto?
In order to send you the IBAN of the deposit account, we first need to collect some documents, including a list of participants mentioning the amount contributed by each one. You must therefore be in possession of the requested documents before you can obtain the IBAN of the deposit account.
This allows us to ensure an optimal follow-up of your application and to keep you informed if a subscriber transfers a different amount than the one announced at the beginning of the process.
Can I carry out a capital increase in several installments ?
Only a part of the investors are ready to transfer funds, but you want to receive the capital as soon as possible?
You have the possibility of carrying out a capital increase in several installments.
Each installment will allow you to obtain a deposit certificate which will mention the contributions already made. The funds of each installment can be released on the company's Qonto account, even if you have not yet obtained your updated KBIS at the Registry.
Once all the contributions have been made, you can present the several deposit certificates you have received to the Registry in order to update the share capital of your company.
⚠ Each new installment needs to be registered as a new request for increase via our form and will be charged.
What is a share premium? Should it be included in the amount of the subscription?
The share premium is used to give old shares a higher value than their nominal value during a capital increase.
It allows this difference to be taken into account and thus brings the value of the share into line with the current situation in the company.
It is to be included in the total amount of the increase. The amount of the subscription to be transferred into the deposit account must therefore correspond to the amount of the increase + the amount of the issue premiums.
How long does the procedure take ?
The duration of the procedure mainly depends on your responsiveness and the one of your investors. If the participants are responsive, the procedure can be very fast.
Our team commits to the following timeframes:
- Documents reviewed within 6 hours following your email ;
- Providing the digital deposit certificate + a release attestation (to be dated and signed) within 48 working hours after all funds received.
- Funds released on the current Qonto account within 48 working hours after the reception of the completed release attestation.
👉 Your questions about transactions :
Can I transfer the funds of the increase for one of my shareholders ?
No, the funds must come from a personal account in the name of the natural person participating in the increase.
If you make the payment for one of your shareholders, you will be considered as a participant of the capital increase and your partner will not be mentioned on the certificate of deposit.
Can I make the transfer of my subscription from my Qonto account?
If you want to use your company's funds to increase its capital, this corresponds to a capital increase by incorporation of reserves.
💡 This type of increase does not require a deposit certificate and does not concern Qonto.
We therefore suggest that you contact your accountant or formalist for this type of increase.
Qonto is only able to support capital increases in cash, which means that the funds must come from a personal account in the name of the individual subscriber or from a professional account in the name of the company for a legal entity subscriber.
💡 The only case where funds can come from a Qonto account is : your company A carries out a capital increase and company B is among the legal entities participants.
If Company B has a Qonto account, then the funds may well come from a Qonto account.
Can the subscription payment be made from a joint account?
Yes, this is possible.
We will simply need to receive the spouse's agreement that will be contained in our email transmitting the IBAN of the deposit account.
I cannot exceed a certain limit for my transfers. Is it possible to make the transfer to the deposit account in several installments?
You can pay your subscription in several installments.
The most important is that each transfer made contains the reference that was previously sent to you by email.
Without this reference, your transfer may be rejected for lack of identification.
Can contributions be made via a SWIFT transfer?
It is possible to make a SWIFT transfer for the capital increase.
However, the subscriber must choose the "OUR" option. This option assigns all costs to the sender and guarantees that we will receive the expected amount.
⚠ The amount received in the deposit account must correspond to the exact amount of the participant's subscription to the increase in capital. You should therefore be very careful when converting currencies.