The articles of association are, quite true to its name, a mandatory set of documents created by the associates of a newly founded company, that specify the regulations for a company’s operations and defines a company’s purpose.
A company cannot be brought to an end in a single thought by an owner. There is a specific procedure one need to follow upon closing a company. Below guide will explain the procedure of closing up a company.
In simple terms, a corporation is a company that registers itself apart from its owners. It’s a literal shield from angry bankers trying to get to your personal belongings. This is why Private Limited Companies are well preferred.
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