Entrepreneurship

How to register a public company

How to register a public company

Video: How to Register a Public Limited Company in India | Process | Full Guide 2020 | Corpbiz 2024, July

Video: How to Register a Public Limited Company in India | Process | Full Guide 2020 | Corpbiz 2024, July
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If you decide to open your own business and create an enterprise, legal entity, then it is easiest to start with a private entrepreneur (individual entrepreneur) or LLC (limited liability company). These types of organizational structures are the easiest to register, in addition, financial and tax reporting for them is also the simplest. If, nevertheless, you need to create an enterprise in the form of an OJSC (open joint stock company or open joint stock company), then you have to go through the following procedures.

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Instruction manual

1

Carefully study those regulatory acts that regulate the activities and creation of OJSC. These are the Federal Laws "On Joint-Stock Companies", "On State Registration of Legal Entities and Individual Entrepreneurs" and "On the Securities Market". These documents will give you general information about the registration of a public company and its functioning. Be sure to print the Order of the Federal Tax Service of the Russian Federation "On Methodological Explanations for Filling out the Forms of Documents Used in the State Registration of Legal Entities and Individual Entrepreneurs." In it you will find a list of documents that you will need to prepare for the official registration of the public company.

2

Prepare documents, including the charter and constituent documents, and submit them to the registration authority at the location of the permanent executive body. Pay the state fee, which is approximately 2, 000 rubles. The registration process itself will take place within approximately 5 business days. Upon completion of registration, you will be assigned all the necessary codes and a certificate of state registration of the company will be issued, your company will be put on tax records. Open a bank account, send a notification to the tax office, order a seal. Be sure to also send a notification to the antitrust committee.

3

Within 30 days after the official registration of the OJSC, be sure to register the issue of shares as well. Otherwise, your company may be fined. Shares are registered with the Federal Service for Financial Markets, after which the issue receives a GII. Only after this, the activities of the company will be considered absolutely legal, and you will be able to carry out financial and business operations.

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