Answer to Question #109503 in Management for Hiba Roukaibi

Question

Question I
You inherited a shop with your four cousins from your grandfather. You decided to create a company and start a business . Which type of company is adapted to your business? What are the procedures that you have to respect before the registration? Can you write the statute of the company.

Question II
Due to the financial crisis and the Corona virus measures, which mean of payment is more adapted to the payments ?

Answer 1

Q1 Limited company, creating a company's article of association, memorandum of association and incorporating the company with the registrar of companies.

Q2 Via mobile money transfer