Explain the stages incorporation in formation of a company
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➡️ The Enterprise stages in the formation of a company the four stages in the formation of a company are promotion. in corporation subscription of capital and commencement of business. however for a private limited company only. the first two stages are applicable it can commence business as soon as it obtains.
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Incorporation of a company is the second stage in the formation of a company. Incorporation refers to the registration of the company under Companies Act, 1956
The main steps under the incorporation stage :
- filing of necessary documents
- Payment of fees
- Registration
- Certificate of incorporation
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