Procedure of company registration
The process involved in establishing a company is simple and inexpensive. This is summarized as below:
- Reservation of the company name – once the name is reserved the incorporation process must be completed within 20 days otherwise the reservation will lapse.
- Information to be provided to the Registrar of Companies including the names and addresses of directors and shareholders, the registered office address and the place of business.
- A company can be incorporated within 24 hours.