One of the first steps for starting a business is company registration. While it may seem complicated, understanding the process and required documents can make it quick and hassle-free.
Documents required:
– Copies of ID cards and house registrations of the founders
– Verified unique company name
– Company address with a brief map
– List of directors, partners, and shareholders
– Company objectives
– Registered capital and number of shares
Key steps include:
– Reserving a company name through the DBD
– Preparing the memorandum of association
– Submitting the online registration
– Registering for VAT and obtaining a taxpayer identification number
If you lack the time to handle these tasks yourself, using a professional accounting firm for company registration can reduce errors, save time, and ensure your business starts legally and efficiently.