Class 11 Business Studies Chapter 7 Formation of a Company

Formation of a company is the procedure of registering a company as a limited company. As a consequence, the firm becomes a definite legal entity. This formation is also known as ‘company registration’ or ‘company incorporation’.

The process of formation of a company is an extensive activity and can be categorised into four different stages. Let us understand and get more insight into various phases of the Formation of a Company.

Also Check: Kinds Of Companies

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