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Process of Incorporation




After various feasibility studies the promoter will start preparing for getting the firm register.The step are as follows:


1.Name Approval:After the feasibility studies promoter have to select a name and take approval    of registrar.It is check because some name might be used already or to ensure that the name is not misleading.


2.Deciding signatories to MOA(Memorandum of Association):The people who will sign MOA will become the first directors of the company.So,it will be decided who will sign MOA.


3.Appointment of Professionals & Preparation of Documents:The promoter have to decide about the professionals who will perform the banking facilities and take care of accounts and audits.Their name and address of all share holders also has to be given to the registrar.


Preparation of documents to be prepared-
Memorandum of Association and Article of 
Association.MOA deals with all the issues related to the rules and regulations followed by the company while dealing with outsiders this is the main document which defines objective of the company.On the other hand,AOA will contain all the rules and regulations followed within the Association.These documents along with an application is submitted to the registrar if he is satisfied,he allots the company a certificate which is known as Certificate of Incorporation.
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