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Registration of the trade name (with the Department of Economic Development (DED))
Application for an initial approval
Obtaining a trade license (by The Economic Department)
Notarization of the Memorandum of Association at the DED
Opening a bank account
Submission of documents and payment of fees
Application for the registration of the company to the Trade Registry Directorate,
Carrying out the application process through MERSIS (electronic central system of the trade registry)
Preparation of the articles of association,
Obtaining a Tax ID for shareholders
Opening a bank account
Preparation of the signature circular (incumbency certificate) of the company
Appointment of an accountant (It’s compulsory, which can be done either by the client or through the lawyer)
Being present during the tax inspection made by the tax offices.
Submission of the application of trade name registration to the Ministry of Commerce and Industry(MOCI).
Drafting Memorandum and Articles of Association
Registering with the Chamber of Commerce(OCCI)
Submission of Documents of Incorporation
Registration of the company at the Tax Department
Opening a bank account
Making a company seal
Drafting a Memorandum of Association and local service agent agreement,
Registration of the Business Address
Submission of documents to the Companies House
Assistance with opening a bank account
VAT & PAYE registration(If required)
Introduction Modern economies are reliant on the shipping industry in many ways. Much of the world's goods are carried by ships, which makes the choice of law in shipping contracts critical. It is usually a good idea to have an airtight shipping agreement or shipping contract in place, whether you're a business that offers shipping services or you need to locate someone to help you ship your items. These agreements outline the ...
Introduction As an exception to all the fascinating things that happen only once in life, double taxation in joint venture is something that can certainly happen twice. For any entrepreneur who owns a successful business, the last thing he may want is to get taxed on his income more than once. Any organization collaborating with another company seeks to expand its reach and presence in fields where it cannot do it independently. ...
Introduction Franchise Agreements are legally binding agreements. For example, X Ltd. is very famous for its pizza. They will provide their name and recipe to different outlets to grow their businesses and operate in other areas, countries, or worldwide. This arrangement requires the franchisor and franchisee to sign a franchise agreement that secures their rights and liabilities. Following the signing of a franchise agreement, it is essential to determine how to ...