Embarking on the journey of establishing a new company begins with a critical step: selecting a name that is not only unique but also compliant with legal standards. This pivotal process is facilitated by the FORM CR14, also known as the Application for Reservation of a Company Name, which plays a fundamental role in accordance with Section 48 of the Companies Act, 2015. The form serves as a formal request to the Registrar of Companies, seeking approval to reserve a proposed company name, whether it be for a public limited company (PLC), a limited company, or an unlimited company. Applicants are required to provide detailed personal information, including their address, nationality, and identification number, from either an identity card or a passport, along with their contact details. The nuances of the form extend to specifying the capacity in which the individual is applying, underscoring the importance of clarity and accuracy in the initial stages of company formation. Notably, the form outlines that if the desired company name is successfully reserved, this reservation remains valid for 30 days post-notification, with a potential for extension up to 60 days, granting applicants a preparatory timeframe to finalize their incorporation processes. Understanding the intricacies of FORM CR14 is crucial for entrepreneurs and business owners as they navigate the legal landscape of establishing a new entity, marking the first step in a journey toward successful business ownership.
| Question | Answer |
|---|---|
| Form Name | Form CR14 |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | cr14 and cr6, cr14 form zimbabwe, cr14 zimbabwe, zimbabwe company registration forms pdf |
