Hire SayPro to register your Personal Liability Company

Description

Should you need a discount get in touch with us so that we can structure it for you.

Send an email to info@saypro.online WhatsApp: 27 84 313 7407 Call: 27 11 071 1903

Southern African Youth Project

Personal Liability Company, Inc

 A private company that is largely used by ‘associations’ such as Engineers, Lawyer and Accountants is known as a Personal Liability Company Inc. The Company’s Name essentially end with the “Incorporated” word. It functions on the principle and rules of personal liability.

How a personal liability company can be registered in South Africa?

For a personal liability company, it is required to complete CoR15. 1B or draft company’s own Memorandum Of incorporation (MOI). It is worthwhile to keep the services of a lawful and legal qualified for this purpose.

The Private companies are unified by one or more individuals or persons, and it must have at least 1 director and might not give its securities like debentures or shares to the members of the public.

The registration of Personal Liability Company must be done when incorporated by one or more persons for fiscal gain for the owners and shareholders. As a professional, the person or individual can register the firm that it wants to be individually liable for.