Name Reservation

Once the legal structure is decided, the next step is to choose a unique name for the company. The chosen name must comply with the naming regulations prescribed by the jurisdiction and should not infringe on existing trademarks or corporate names. Many jurisdictions offer online tools for checking the availability of company names and reserving them for a certain period.

Obtaining Necessary Licenses and Permits

Depending on the nature of the business and its location, certain licenses, permits, or regulatory approvals may be required before commencing operations. These could include business licenses, industry-specific permits, health and safety certifications, environmental permits, etc. It is essential to research and obtain all necessary approvals to ensure compliance with legal requirements.

Drafting the Articles of Incorporation/Association

The articles of incorporation (for corporations) or articles of association (for LLCs) outline the key details of the company, including its name, registered office address, business objectives, share structure (for corporations), and the rights and responsibilities of shareholders or members. These documents are typically filed with the appropriate government authority along with the registration application.