Company Formation (CS)

Company formation (or company registration) refers to the process of incorporating a business. Upon incorporation, a private limited company or corporation is considered a separate legal entity, completely distinct from its owners. It is like an ‘individual’ that is responsible for its own finances, assets and liabilities.

There are four stages in process of company formation:

Promotion Stage — The technical processing of a commercial proposition with reference to its potential profitability; the aggregate of activities designed to create an enterprise and operate a business
Incorporation or Registration Stage — Involves filing / submission of certain official documents, memorandum, and obtaining a Certificate of Incorporation, etc. For example, in India, a company is properly constituted only when it is duly registered under the Act and a Certificate of Incorporation has been obtained from the Registrar of Companies.

Capital Subscription Stage — This stage (and the next) is relevant only in the case of a public company having a share capital. On the other hand, a private company or a public company not having share capital can commence business immediately after its incorporation.
Commencement of Business Stage — A public company (with a share capital) can start its business only after getting a ‘Certificate of Commencement of Business’.

Formation Of Company – Introduction

Formation of a Company

Company Formation For Your Dropshipping Business

Company Formation (CS)

There are four stages in process of company formation:

Membership Details for Gurus

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