Forming a company involves several key steps, which can vary depending on the jurisdiction and type of business entity you want to establish. Here’s a general outline of the process: Choose a Business Structure: Decide on the legal structure that best suits your business needs: Sole Proprietorship: Simplest form, owned and operated by one person. Partnership: Business owned by two or more people. Limited Liability Company (LLC): Combines aspects of partnerships and corporations, offering liability protection. Corporation: A separate legal entity owned by shareholders. Choose a Company Name: Select a unique and meaningful name for your company that complies with legal requirements. Check availability and ensure it’s not trademarked. Register the Business: Sole Proprietorship/Partnership: Register the business name with local government authorities and obtain necessary licenses or permits. LLC/Corporation: File articles of organization (for LLC) or articles of incorporation (for corporation) with the appropriate state agency. Draft a Foundational Document: LLC: Create an operating agreement outlining ownership and operating procedures. Corporation: Draft bylaws that define the internal management structure and procedures. Obtain Licenses and Permits: Depending on your business type and location, you may need specific licenses or permits to operate legally. Research and obtain these from relevant authorities. Tax ID Number (EIN): Obtain an Employer Identification Number (EIN) from the IRS, even if you don’t have employees. This is necessary for tax purposes. Open a Business Bank Account: Separate your personal and business finances by opening a business bank account. This helps with accounting and legal liability. Comply with Regulations: Ensure compliance with local, state, and federal regulations regarding employment, taxes, health and safety standards, etc. Understand Reporting Requirements: Know your obligations for filing taxes and any required financial reports with government agencies. Consider Intellectual Property Protection: If applicable, consider trademarking your company name or logo to protect your brand. Insurance: Evaluate and obtain necessary business insurance coverage to protect against liabilities. Maintain Records: Keep accurate and up-to-date records of financial transactions, meetings (for corporations), and other important business activities. Consider Professional Advice: Depending on your needs and complexity, consult with a lawyer, accountant, or business advisor to ensure compliance and optimal business structure. Each step in forming a company requires attention to detail and compliance with legal and regulatory requirements specific to your location and business type.

Key Features Covers detailed analysis of provisions applicable for formation, incorporation and conversion of a company under the Companies Act, 2013. Provides comparative position of various topics among Companies Act, 2013 and Companies Act, 1956. Covers all the procedural compliances pertaining to formation, incorporation and conversion of Companies in detail along with several specimens and precedents. Each topic covers various English and Indian judicial pronouncements including the landmark judicial pronouncements. Covers various issues pertaining to formation, incorporation and conversion of a company under the relevant topic. Covers 250+ model main objects for various businesses.

International Legal English Teacher's Book is an essential companion for any teacher wishing to use International Legal English in the classroom. The book offers invaluable background information about the law topics discussed, giving teachers the confidence to explore these topics with their students. The Teacher's Book guides the teacher through the exercises in the book and suggests optional consolidation activities along the way. It includes 45 extra photocopiable activities and adds a whole new communicative dimension to the course, with lots of ideas for discussion and role-plays.