The company naming procedures takes many months in several states. This time frame depends on the company size. The first step in getting authorization to do a business is to get the company registered.
Small businesses like sole proprietorships can be registered with ease without the requirement of any documentation. The other complicated businesses utilize attorneys and other legal services to make sure all the important tasks are finished without any hindrances.
The company registration involves registering the business name of the firm with local or state agencies. This assists in making the firm reserved to eliminate any kind of confusion among the customers. It makes it quite easy to find the firm and the owners of the firm. The procedure of registering the name searching the directory for firm names to make sure the name is not there.
When the procedure of doing company registration is started, the company chooses the legal structure that is the best. A sole proprietor, owned by one individual needs small amount of documentation that has to be submitted to the appropriate state agencies.
The limited liability firms and corporations need more complicated business structures. The state does the maintenance of the filing and also the documentation needs for every firm. The documentation work includes articles of organization, limited partnership statement etc. The documentation exhibits the nature of the firm, organization rules and structure of the management. It has to be filed with the state and the expense differs from one state to another. In order to incorporate company in Singapore you need to know about the process.