As a company forms, incorporated and commences business, there are four distinct stages, which are described below: The promotion of A company’s incorporation; The capital subscription; and Business commencement. Unlike […]
Final Accounts Prior to Incorporation of Profits
In the case of a new company, it is possible that the company may be taken over by a running business from a certain date, while the company may be […]
Pre-incorporation Profit
An organization comes into existence after it is incorporated. Incorporating is the first step in establishing a company. In order for the company to be registered, certain preliminary documents must […]