Q1. What is the procedure for incorporation of a local company?
You will have to obtain approval for the company name before you can incorporate a company. As a professional firm we will assist you in submitting an online application on your behalf via BizFile.
An application fee is payable for each approved company name. An approved company name will be reserved for 60 days. If you need more time, you can apply online for an extension of another 60 days. An application fee is applicable for each approved name.
After the company name is approved, we will proceed to incorporate the company. A registration fee is payable for a company limited by shares regardless of the amount of its authorised share capital.
Q2. Does ACRA issue “hardcopy” certificates?
Yes. However, in an effort to reduce business costs and speed up the processing of such matters, they have removed the need for such certificates with effect of 13 January 2003. You will receive an email notification instead.
If a company wishes to obtain a “hardcopy” certificate, it can apply online for the certificate to be issued.
