What are the steps in the formation of a company?

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Table of Contents

There are four steps in the formation of a company:

Step 1 – Promotion stage where the business idea is established and financial planning take place.

Step 2 – Registration stage where the business is being verified for incorporation.

Step 3 – The incorporation stage where the business has finally been formed into a company that is legally registered.

Step 4 – Commencement of Business when the business activities can start taking place.

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Xavier Keller

Xavier Keller is a senior consultant at OnDemand International (ODINT) with 10 years of experience in company formation and international business expansion. Throughout his career, Xavier has successfully assisted over 300 firms in setting up operations across multiple countries. His expertise in navigating the complexities of global markets makes him a trusted advisor for entrepreneurs and companies looking to expand beyond their borders.