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What are the roles of promoters in the incorporation of a company?
Wiki User
∙ 14y ago
Before Incorporation can happen, there needs to be someone creating the business. Generally, these people pay the corporation's expenses before it is incorporated.
Wiki User
∙ 14y ago
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How many promoters are required to start a company?
minimum of two promoters should be there in a company
Why is goodwill account debited when company issues shares to promoters?
Promoters are the pioneer investors of a company. It can be said that due to the promoters the company has come this far. So, promoters do deserve some credibility and they get goodwill. Goodwill is debited and the promoters capital is credited. Thus, the promoters don't bring in cash for their increased share. But if, the goodwill has already been created before and the promoters have got their share, promoters need to bring cash for additional share.
Religare Enterprises is led by promoters of which company?
Ranbaxy
Can promoters be called the agents or trustee of the company?
Yes Why Not
What is the website Offshore Company Incorporation about?
Offshore Company Incorporation is about incorporating a professional company overseas quite possibly. These companies can be set up online for a fee for professionals.
What do mean by profit prior to incorporation?
Profit prior to incorporation is that profit which a company gets between the period of date of buying and date of incorporation
A certificate of incorporation sets forth what?
A Company
What are the benefits of hiring a business consultant for company incorporation?
Business consultants for company incorporation have years of experience in handling the paper works with clear documentation.
What about the company wealth line promoters pvt ltd?
iam investment
What does the company CA Incorporation have to offer?
The company CA Incorporation is a business that provides a number of business services to other businesses such as asset protection, tax benefits, and business mobility.
What is the main function of BVI incorporation?
British Virgin Islands (BVI) incorporation allows for the creation of an offshore company. The company may then serve as a vehicle for asset protection and confidentiality.
AccordinG to company act 1956 what is certificate of incorporation?
In a layman's words i reply,the certificate of incorporation is one which u licence to operate legitimate business functions in form of a company
