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2.1. Main Formation Requirements

Companies Act provides requirements for registration of a domestic company as well as branch of a foreign company. The procedure is similar in both cases, however, documents required for registering a foreign branch are slightly different.

Key steps to be followed for registering a company are:

  • Submit the application for name approval to registrar of companies
  • Submit incorporation documents and pay prescribed registration fees
  • Thereafter, the registrar issues certificate of incorporation
  • Post registration, share certificates are stamped at Ministry of Finance and the company can obtain a company seal