Any company that is being recently integrated involves great preparations and has to go through numerous difficult phases and processes that are responsible for creating a sound business foundation. The whole process is often referred to as Company Registration or Company Formation.
The legal guidelines in the jurisdiction and a number of other international laws view the business that is being incorporated as a separate entity, different from the individual who has begun it or who possesses it. Many different types of businesses are incorporated every day, like public limited company, private limited company, unlimited company, limited liability partnership, limited partnership, royal charter, community interest company and much more. And upon realizing which is which, one can go ahead and proceed the first steps in company formation.
In earlier days all the businesses were created only on document, but these days many of the company formation procedure occurs electronically, via the Internet. While going through the document process, the person who has developed the company has to send various documents along with a registration fee to the Registrar of Businesses. The documents incorporate a articles of association, memorandum of association, form 10 and form 12.
The digital procedure differs with the paper process in only one way; no form 12 (that is, the statutory declaration) is required. To start online company registration, the consumer demands software that is compatible with the Companies House e-filing service and an account with the Companies House. If they are unavailable, then the company’s proprietor could use the services of a Company Registration Agent.
Various company formation agents adopt a unique procedure to register a company. The Agent requires to be recognized by the Companies House and should have passed on the integration testing phase. The Companies House has a list of all Company Registration Agents. Now, numerous service providers have also come up online that provide new corporations company formation services and company assistance.
GrowABusiness offer fast, accurate and affordable company registration in South Africa, with CC Registration now PTY registration we could assist. At GrowABusiness we’re professionals in the area of company registration in South Africa and with years of experience set us in a powerful position to develop and start a business.