Company Registration in coimbatore. This has several phases. These phases at a glance are given below:
Formation of a Company
1. Planning Stage
i. Formulation of an idea
ii. Draft the project outline
iii. Viability study of the whole project
iv. Study of legal implications and conflicts
2. Association of persons or Promotional State in connection with Company Registration
i. Assemblage of Promoters
ii. Applying for necessary license/permit/approval
iii. Making agreements for infra-structure
iv. Pre-incorporation Contracts before Company Registration
v. Appointing Lawyers if necessary
3. Company Registration
i. Documentation
ii. Registered office
iii. Choose a Company name
iv. Application for company registration
v. Company Certificate of Incorporation
vi. A statutory declaration
4. Commencement of business
i. Private limited company can start as soon as it receives certificate of incorporation from the registrar
ii. Public Limited Company:
(a) Invitation to the public to subscribe by issue of prospectus
(b) Raise minimum subscription mentioned in prospectus
(c) Allotment of share
(d) Certificate of allotment
(e) Certificate to act as Directors
(f) Statutory declaration
Certification to Commence business given to the company then the public limited company can start business. But a Private Ltd Company can straight away commence business after getting incorporation certificate. Private Limited Company is one which is registered as a Limited Company, restricting by the articles the transferability of shares and limiting its numbers to fifty.
