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Prelimanary expenses

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 June 2013 dear, wheather it is correct or not underwriter commission and stamp duty included in the preliminary expenses?

12 June 2013 ye, it can be included to preimanary expences

Expenses incurred on the formation of a company are termed as preliminary expenses. These include following:

1) Expenses incurred on the preparation of various document needed for the registration of company.
2)Stamp duty and registration fees on these documents.

3)Underwriting commission.
4)Cost of preliminary book and common seal.
and any other expenditure for start up..

Thanks & regards
Ganeshbabu


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