Paid-in capital (capital libéré) is the portion of a Swiss company's share capital that has actually been contributed by shareholders in cash or in kind, as opposed to subscribed but uncalled capital. Swiss CO law requires a minimum of 20% of each share's nominal value — and at least CHF 50,000 in total — to be paid in at incorporation. The remaining subscribed capital may be called in tranches as needed. In fundraising and due diligence, verifying paid-in capital is standard: uncalled capital creates a receivable from shareholders that must appear on the balance sheet as an asset.

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Example: a Swiss SA is incorporated with CHF 200,000 share capital, with 50% (CHF 100,000) paid in immediately and CHF 100,000 remaining uncalled. The uncalled portion appears as a receivable from shareholders on the balance sheet. In a subsequent acquisition, this receivable is treated as a cash-like item — the acquirer can call it in, increasing available liquidity by CHF 100,000 post-closing.

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Hectelion verifies paid-in capital levels and uncalled amounts systematically in Swiss acquisition due diligence.