The creation of a partnership firm has to follow the New GST Registration conditions and obtain the PAN, bank accounts, and GST registration accounts of the partnership firm. The foremost document that seals a partnership is a ‘Partnership Deed.’ The Partnership Deed provides specifications for all the terms and conditions that are enforced in the partnership. After preparing the partnership deed, the taxpayer must apply for a PAN number with the income tax department because it is a mandatory prerequisite for applying for registration under GST. In addition, you would need the following documents for incorporating a partnership.
PAN card
- For conversion of private limited company to public, you need to provide the PAN cards of all the stakeholders and the directors. Foreign citizens must furnish a legitimate passport.
Identity proof
In the identity proof, the shareholders and the directors can provide any one of the following:
- 1) Voter ID
- 2) Passport
- 3) Driving license of the stakeholders and directors
Address proof
The conversion of private limited to public company needs the proof of address. The directors and the stakeholders need to provide any of the following documents as proof of address.
- 1) Phone Bill
- 2) Utility Bill
- 3) Latest bank account records of the directors and the stakeholders
Photo
- It includes the recent passport size photos of the administrators and the stakeholders of the company.
Business address proof
To show the proof of address for the business, the entity has to provide any one of the following.
- Electricity bill of the registered office address
- Telephone Bill of the registered office address
No objection certificate from the owner
- The private limited entity that wants to convert itself to a public company has to obtain a No objection certificate from the owner of the registered office is rented.
Rent agreement
- If the registered office of the private limited company is rented, it has to obtain the registered office's rent agreement.
Incorporation documents
- The Company needs to provide the certificate of incorporation. Memorandum Of Association and Article Of Association should also be presented to ROC.
Financial statement
- The private limited company interested in converting to a public company will have to provide a copy of the latest audited financial statement with required attestation.
Income Tax return
- The private limited company also has to provide the income tax return statements filed previous year.
Important Reminder
- In the case of the NRIs or foreign citizens, all the directors' papers must be accurately notarized.
