Summary of Steps involved in forming a company

SUMMARY OF STEPS INVOLVED IN FORMING A COMPANY

Company Formation

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Obtaining approval for the proposed name of the Company from the ROC

Drawing up the Memorandum of Association

Drawing up the Articles of Association

Getting the appropriate persons to subscribe to the Memorandum (a minimum of 7 for a public company and 2 for a private company)

Payment of Registration Fee to the ROC

Receipt of Certificate of Incorporation

Obtain a certificate of commencement of business from the ROC in case of a public company

END