From filling out your request to the return of funds, here are the various steps ahead and the associated timeframes.
Qonto guides you step by step in obtaining a funds deposit certificate as part of a capital increase through a cash contribution.
Step 1: Submit your capital increase request
To initiate your capital increase request, start by clicking the link below:
https://qonto.typeform.com/capincreaseENG
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βοΈ Before submitting your request, make sure you meet all the required conditions to be eligible for this service.
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Step 2: Receive the list of required documents
Once your request is accepted, you will receive an email within minutes containing a complete list of documents required for opening the escrow account.
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π‘ Tip: Don't forget to check your spam folder in case our email ends up there.
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Step 3: Provide the requested documents
Send us all the requested documents in response to our email.
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π‘ Note: A dedicated advisor will be assigned to you upon receipt of your documents. They will guide you through to the return of funds to your company's Qonto account.
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Step 4: Receive the escrow account IBAN
Your advisor will analyze your documents within 6 business hours upon receiving your email. If your file is complete, you will receive the escrow account details along with instructions for fund transfer π.
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π‘ Good to know: Participants in the capital increase can make their contribution via instant transfer.
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Step 5: Track the progress of fund reception
We will inform you of fund arrivals via email or through a tracking file, depending on the number of participants in the increase.
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β οΈ Important: We do not have direct visibility on the escrow account, which may result in delays in updating the tracking file.
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Step 6: Receive your deposit certificate
The deposit certificate will be sent to you by email within 48 business hours after complete fund reception and the decision minutes for the increase.
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Step 7: Provide the publication certificate from a JAL
To release the funds into your Qonto business account, you will be required to provide the publication certificate from a Journal of Legal Announcements (JAL).
π‘ Note:
- This document certifies that the legal notice regarding your capital increase has been published in an authorized journal.
- You can obtain this certificate directly from the journal where your announcement was published or through specialized online platforms.
- If you are unsure which journal to choose, contact your Business Formalities Center (CFE).
β οΈ Important: Funds will only be released upon presentation of the publication certificate from a JAL.
Step 8: Receive your funds
The release of your funds into your Qonto business account will be processed within 72 business hours after the publication certificate has been validated.
Step 9: Complete the legal formalities
The capital increase must be declared with the Business Formalities Center, attaching the deposit certificate issued by Qonto. This step is mandatory to obtain an updated Kbis extract, certifying the operation.
π‘ Note: The Qonto capital increase service does not cover legal formalities, which remain your responsibility.
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π Do you need more information ?
All the answers to your questions about the capital increase are here !