Company Registration
While you are ready to put together your enterprise, the most significant part is of your company registration. To get your enterprise registered, you have to keep to the policies and procedures to make the business systematically. There are several guidelines you must strictly adhere to form the company.
The foremost and foremost thing, get approval from Registrar of Companies to get the company name of your choosing.
Following that, it will be the a chance to prepare the Memorandum of Association.
Get the Articles of Association done
The following important task is to appoint eligible persons to join Memorandum of Association
Pay the registration fees on the ROC
Now, have the Certificate of Incorporation from your ROC
People Limited Company can provide you the organization commencement certificate.
Register Name with ROC directory
For almost any company, getting its name registered with ROC directory is easily the most significant step along the way of registration. The proposed company name should get authorized by the Registrar to create that company.
Memorandum of Association for Company Registration
The Memorandum of Association has got the names and signatures of your subscribers who will be an element of the company and in addition it presents a blue print of company's proposed structure. In addition, it describes the regulations and rules of the operation of your company.
Articles of Association
The Articles of Association is certainly a important document that is going to be published to the Registrar. This document explains in regards to the internal skeletal structures of the company along with its operation.
Registration fees payment
The facts in regards to the registration fees are mentioned inside the Memorandum, and accordingly, it needs to be paid for the Registrar.
Certificate of incorporation (from the ROC)
This is the last step for registration of your company, and for that reason, much more significant. Once the payment of your registration fees, the certificate of incorporation needs to be from the ROC.
Types
You can constitute the following sort of companies by registering at ROC.
Public limited company (plc)
Private company limited by shares (Ltd, Limited)
Guarantee
Unlimited company
Limited liability partnership (LLP)
Limited partnership (LP)
Societas Europaea (SE): European Union-wide company structure
Community interest company
European economic interest grouping (EEIG)
Documents submission for registration at registration office during company registration:
When the proposed name of the company is placed prior to the Registrar(ROC) for registration, under section 9 from the Companies Act 2006, the documents being submitted are:
Memorandum and Articles of Association
Corporate certificates
Share certificates
Seal or Stamp
Registers
Minutes
Opening banking accounts
To clarify more elaborately, the Memorandum and Articles of Association put ahead of the ROC a primary blueprint in the regulations and rules of your company and the notion of the inner affairs of your company as well as its operation respectively.
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The Corporate certificates are definitely the Certificate of Registration, the Certificate of Incorporation, the Certificate of company address etc. These certificates will be from the registration authorities which will be needed for future references. The share certificates are important in case there is a public limited company which issues shares towards the public. These certificates represent the organization partly. The seal presents the signature including name of your company in a circular design. This has to be attested from a gazette officer. The registers are legally required to conserve a register of members on the registered office.
About the minutes, the CS plays the real key-role in jotting down the minutes of the meetings of your company's shareholders and board of directors.
Last, yet not the very least, for the financial transactions, which form the backbone in the company, the corporation needs to maintain a bank account in the part of business operations.
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