Any organization that is being newly incorporated involves tremendous planning and needs to proceed through various complicated processes and phases that are in charge of developing a sound business foundation. This entire process that involves its incorporation is known as Company Formation or Company Registration.
The laws in the and several other international laws view the business that is being incorporated as a separate entity, different from the person who has begun it or who owns it 開曼群島註冊公司. Many various kinds of companies are incorporated in the each day, like public limited company, private limited company, unlimited company, limited liability partnership, limited partnership, royal charter, community interest company and many more. All these companies need to feel the procedure for company formation.
In earlier days all the businesses were formed only on paper, but nowadays a lot of the company formation process happens electronically, via the Internet. While going right through the paper process, the person who has incorporated the business needs to submit various documents and a registration fee to the Registrar of Companies. The documents incorporate a memorandum of association, articles of association, form 10 and form 12.
The electronic process differs with the paper process in just one of the ways; no form 12(i.e., the statutory declaration) is required. To initiate electronic company formation, an individual requires software that is appropriate for the Companies House e-filing service and an account with the Companies House. If these are unavailable, then a company’s owner can use the services of a Company Formation Agent.
Different company formation agents adopt an alternative procedure to include a company. The Agent needs to be recognised by the Companies House and must have passed the integration testing phase. The Companies House has a set of all Company Formation Agents. Now, several service providers have also appear online that offer new corporations company formation services and business support.