What Kind of Official Procedures Should be Done for a Strong Company Formation

What Kind of Official Procedures Should be Done for a Strong Company Formation?

The company formation or the official incorporation of a new company is probably the most significant step of any new business formation. This indicates that the company has officially been established and officially registered in the eyes of the law as a legal entity.

In order to complete the company formation process, it is necessary to complete various official procedures, such as submitting:

  1. Articles of Association
  2. writing the Memorandum
  3. Articles of Association
  4. filling in the Annual Return
  5. providing the Company House with a copy of the register of the company
  6. signing the VAT Registration

Furthermore, there are numerous other procedural formalities that need to be followed. Once these processes have been completed successfully, all that remains is to issue the first set of company letters and register the company.

In order to complete the company formation process, it is necessary to select a suitable business structure. There are two options available:

  1. sole proprietorship
  2. partnership

A sole proprietorship is when one person owns the company, with no partners; and a partnership, where at least two persons are involved, with one partner being the company’s promoter, with the other one acting as the co-owner.

Name of the Company: After selecting the business structure for Dubai South company formation, the next important decision to make is about the name of the company. If you want to create a new company, there is no point in going through the company formation process unless you want to register the company name as your primary address. Once you have established a residential address for yourself, you can easily apply for the relevant registration.

Contact the Company Formation Service Provider: Once you are done with these steps, you should then contact a business bureau or a company formation services provider to get a copy of the Companies House listing in IFZA. You will be able to find the company name registered with the House after filling in all the necessary details, including the names of the owners. Your business bureau or company formation services provider should give you further advice if necessary, and help you select the registered office.

You should take care of these details while applying for the registration of the company name. If these details are not taken care of, you may end up with a company that has an incomplete address or a company formation process that is delayed.