One of the most essential things that one needs to do during the formation of a business organization is have it legally registered. Business registration is a legal requirement that aids its licensing. However, the general process of registering a business organization is not very easy as there is an extensive paperwork and many other complex procedures that one is required to follow. There are several key things that you need to, therefore, take into consideration to make it more convenient and efficient for you to have your business corporation registered by your state’s authority. There are several reasons why one needs to consider registering his or her business legally. One of the key reasons to have your business registered is that it will build its public image or reputation. The reputation of an organization is what creates trust among the customers. This, thus results in the attraction of more customers, hence facilitating an increase in the sales made by the corporation. For this and many other positives that will see your corporation grow and succeed fast, you have follow the recommended steps for registering your business. This article, therefore, aims to critically analyze some of these steps that one needs to follow during the registration of his or her business organization for an efficient and convenient registration process.
One the key things that your business needs to have before the actual registration process is a name. It is, therefore, a requirement for every business owner to choose a unique name for his or her corporation to avoid facing legal claims from other businesses. Make sure that you first do some good research before choosing a name for your corporation to find the most suitable one that is not used by any other business. You should also not choose a very complex name for your corporation as this might be hard for the customers to remember it. Choose a name that can easily be comprehended. You should also make sure that the Articles of Incorporation are filed. Articles of Incorporation contain several things like the name and addresses of the directors, managers, the name of the corporation, address of the registered head office, among others. The other step for registering a business is having the application for registration processed before the issuance of the Certificate of Incorporation. Filing of the Initial Return is the second last step to having a business corporation registered. The Initial Return is processed after filing. The last step for registering a business is getting the Corporate Minute Book and maintaining it. Check out for nuans search Ontario here.
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