2. COMPANY
TYPES OF COMPANY
PRIVATE COMPANY
PUBLIC COMPANY
FORMATION OF COMPANY
PROMOTION
REGISTRATION
CAPITAL SUBSCRIPTION
COMMENCEMENT OF BUSINESS
DOCUMENTS OF COMPANIES
MEMORANDUM OF ASSOCIATION(MOA)
ARTICLE OF ASSOCIATION(AOA)
3. “A Business organization
selling goods and services.”
A company is a legal entity
formed by a group of
individuals to engage in and
operate a business enterprise in
a commercial or industrial
capacity. A company's business
line depends on its structure,
which can range from a
partnership to a proprietorship,
or even a corporation.
4. O
A private company, also known as a
privately held company or close
corporation, is a business whose shares
are not traded in a stock market, as
opposed to a public company. A private
company’s shares are offered, owned and
traded/exchanged privately.
5.
6. A public company is a
business whose shares can be
freely traded on a stock
exchange or over-the-counter.
Also known as a publicly
traded company, publicly held
company, or public
corporation
7.
8. WHAT DO YOU MEAN BY FORMATION
OF A COMPANY ?
A company comes into existence
when a group of people come
together with a view of forming an
association to exploit the business
opportunities by bringing together
; men ,material ,money and
management .
9.
10. This is the first stage of Formation of a
Company and the word promotion refers to
the allocation of various activities designed
for a particular company or enterprise. At
the time of this stage, the company needs a
lot of things for the establishment like
capital, property, business objects,
efficiency, and so on.
11.
12. O Incorporation is the first process of giving
existence or birth of company.
O Registration or establishment of company
is incorporation.
O Incorporation is creation of a legal person
by registration of a company with existing
law.
13. O A legal person is created artificially by law
and contributed as a legal personality from
the process of Incorporation.
O A company is an artificial entity created by
law for the purpose of carrying on any
objects such as business, sports...
14. OCapital Subscription Stage: After a
company is registered, it proceeds
to get money through allotment
of share capital to members.
Initially, shares are allotted to
persons who are signatories to
documents and have agreed to
subscribe to the prescribed
number of shares
15. Commencement of Business is a simple term that
basically means starting a business. It is when a company
that has gotten the COI(Certificate of Incorporation) has
finally put the money and have started doing business.
Commencement of Business Stage. This is the first stage
of Formation of a Company and the word promotion
refers to the allocation of various activities designed for a
particular company or enterprise. At the time of this
stage, the company needs a lot of things for the
establishment like capital, property, business objects,
efficiency, and so on.
16.
17. DOCUMENTS OF
COMPANIES
The Memorandum of Association or MOA is
the legal document that has to be filed with
the registrar of companies at the time of
incorporation of the company. It is often
called as a memorandum and is comprised of
fundamental conditions on the basis of which
a company operates.
18.
19. The Articles of Association (AOA) is a
document that defines the
purpose of a company and specifies
the regulations for its operations. The
document outlines how tasks should
be accomplished within an
organization, including the
preparation and
management of financial records
