name the process of setting up a joint stock company
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promotional steps
registration or incorporation
flotation stage
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Heyy!
A joint-stock company is a business entity regarded as an artificial person where the funds for running the business is raised through issuing shares to public and the shares of the company's stock can be bought and sold by shareholders.
The stages require for the formation of a joint stock company are :-
1. Planning
2. Feasibility analysis
3. Incorporation
a) Naming of the company
b) Filling up Registration Form
c) Preparing documents and submitting for registration
d) Obtaining commencement certificate
4. Flotation Stage.
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