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Introduce yourself to the Process of Company Formation by Mili Bose





Introduce yourself to the Process of Company Formation by
Article Posted: 05/29/2018
Article Views: 119
Articles Written: 927
Word Count: 505
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Introduce yourself to the Process of Company Formation


 
Business
By solicitors and accountants historically most companies were formed. The process generally took about two weeks to complete as it had to be completed by hand.

Companies House would return a certificate of incorporation after processing the formation and documents needed to be signed by a solicitor and by the appointed officer forms had to be completed.

Fortunately the process of Swiss company formation has been made a lot easier by the internet. Within a few hours rather than several days it is now possible to complete your new incorporation. Development of company formation agent websites resulted from this. Without leaving your house you can now form a limited company online.

Tremendous planning is involved in any company that is being newly incorporated and that are responsible for building a sound business foundation through various complicated phases and processes it has to go. Company Registration or Company Formation is this entire process that involves its incorporation.

The Swiss company incorporation that is being incorporated is viewed by a number of other international laws as a separate entity different from the person who owns it or who has started it.

Like private limited company, public limited company, limited liability partnership, unlimited company, royal charter, limited partnership, community Interest Company and many more many different types of companies are incorporated in the country each day. Through the process of company formation all these companies have to go.

Only on paper all the companies were formed in earlier days, but electronically, via the Internet these days most of the company formation process takes place.

To the Registrar of Companies, the person who has incorporated the company has to submit a registration fee and various documents while going through the paper process. The documents include articles of association, a memorandum of association, form 12 and form 10.

With the paper process in just one way the electronic process differs; no form 12 that is the statutory declaration is required. With an account with the Companies House and the Companies House e-filing service the user requires software that is compatible to initiate electronic company formation. The services of a Company Formation Agent can be used by the company's owner if these are unavailable.

To start a new business the easiest way is using an online registration website arguably. To enter your company information it should take approximately 10 minutes. You will need the following information-

• Your preferred company name. With the abbreviation Ltd or word Limited this will end. Before starting the application to check availability it is sensible to conduct a name search.

• To incorporate a company a different procedure is adopted by different company formation agents for Swiss company management. By the Companies House the Agent needs to be recognised and the integration testing phase must have been passed by them.

• A list of all Company Formation Agents is there in the Companies House. Now, offering business support and new corporation company formation services a number of service providers have also come up online.

Related Articles - Swiss company incorporation, Swiss company management,

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