Q1 of 28 Page 184

Name the stages in the formation of a company.

The steps which are required by a company to commence business are referred to as stages in the formation of a company. This can be divided into three distinct stages, which are: (i) Promotion; (ii) Incorporation and (iii) Subscription of capital.


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Every company must file Articles of Association.

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List the documents required for the incorporation of a company.

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