What is the Commencement of Business?

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#Commencement of Business #
The registrar will issue a certificate upon finding the provided documents satisfactory. This certificate is known as the certificate of commencement of business.
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Steps in Formation of a Company
1. Promotion stage.
2. Registration stage.
3. Incorporation stage.
4. Commencement of Business stage.
The certificate of commencement of business is the declaration filed by the company's directors with the registrars. After the company is incorporated, it is provided with a sufficient one hundred and eighty days to file the proclamation in Form INC-20A