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Public Limited Company

₹ 7,999/-

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Public Limited Company

 

Incorporation means the formation of a new company. The corporation may include a company, a business, a start-up, a non-profit organization, a micro, small or medium enterprise. MCA governs the corporate affairs in India under the Companies Act. 1956, 2013 and other related Acts, Rules, and Bills. MCA also offers many services to the company owners. The Ministry is mostly concerned with the regulation of Companies Act,2013. It is also involved in the Companies Act, 1956, and Limited liability Act, 2008. A public limited company is a separate legal body. This type of company has limited liabilities and shares them openly. A public limited company has no restrictions for the number of shareholders and ower to transfer shares-the shares of a public company are freely transferable. a public limited company can transfer shares to public and raising funds from the public. 

PUBLIC LIMITED COMPANY INCORPORATION PROCESS

 

here are various rules and regulations prescribed under the companies act, 2013 for the formation of a public limited company. Here is what you should keep in mind when registering a public limited company:

  • The minimum share capital of Rs. 5 lakhs is required
  • Minimum of 3 directors is required to form a public limited company
  • Minimum 7 shareholders are required to form a public limited company
  • Digital signature certificate (DSC) of one of the directors is needed while submitting self-attested copies of identity and address proof
  • Directors of the proposed company will need a DIN(Director Identification Number )
  • An application is required to be made for the selection of the name of the company
  • Payment of the prescribed registration fees to the ROC(Registrar of Companies )is required
  • An application comprising the main object clause of the company is to be made. This object clause will define what a company will pursue after its incorporation
  • Submission of the application to ROC (Registrar of Companies ) along with the required documents like MOA (Memorandum of Association), AOA(Articles of Association), duly filled Form DIR – 12, Form INC – 7 and Form INC – 22 is needed
  • After obtaining approval from the ROC(Registrar of Companies ), the company should apply for the ‘certificate of business commencement.

Advantages of Public Limited Company

It is a separate legal entity and has limited liabilities.

It is highly credible as compared to other business types.

Easy acquisitions and expansion by sharing funds.

It has no restrictions on the number of shareholders.

WHY CHOOSE PUBLIC LIMITED COMPANY

Unlimited Members

One of the best advantages of a public ltd company is that there is no limit on the number of members in the company. The public limited company is a separate legal entity, and each shareholder is a part of it.

Limited Liability

Despite having a characteristic of unlimited members the liability of all the directors in Public limited company is limited to the extent of stake they hold in the company each member is the investor.

More Transparency

Working of a public limited company is more transparent because it separates its management from its ownership and A public limited company has many advantages over Private Limited Company.

Property Rights

A Public Limited Company can gain, posses, and enjoy its property in its own name. No shareholder can claim upon the property. preemptive rights to newly issued shares. and No requirement minimum capital.

Required Most Impotent Think

 

  • DSC (Digital Signature Certificate ) OF DIRECTOR
  • DIN ( Director Identification Number ) OF DIRECTOR 
  • Preparation of INC- 29  ( Including Name reservation, various declarations, MOA/AOA Registration. etc)
  • Filing of INC -29 
  • Wait for approval from ROC ( Registrar of Companies )
  • At a very small Price of Rupees Rs.19999

Our Process

01

Sent the required Documents for PVT LTD Company registration and information on our E-mail.

02

Choose one of our packages and pay online with different payment modes available.

03

After payment, we will then apply for Digital Signature Certificate and DIN..

04

We will then check company’s name availability and apply for name approval.

05

Our professionals then prepare the Memorandum of Association and Article of Association.

06

We will file the Incorporation documents and get you the certificate applying PAN and TAN

Document Required

PHOTO OF ALL DIRECTORS

ID PROOF OF ALL DIRECTORS

DIGITAL SIGNATURE OF ALL DIRECTOR

BUSINESS ADDRESS PROOF

FAQ (Frequently Asked Questions)

 
A public limited company is a separate legal body. This type of company has limited liabilities and shares them openly. A public limited company has no restrictions for the number of shareholders.
Public limited company can be registered by individuals and limited companies in India.
There should be minimum of seven members for registration of public limited company registration.
Yes, shares can be openly transferred in public limited company.
There should be a minimum of three directors in public limited company.
Director Identification Number(DIN) is a 8-digit unique number allotted to a person who intends to be the director of the company. It is issued by the Central Government.
It serves a separate legal body. • Taking loans in the name of the company and invest into another company. • Director of the company can enjoy all the related tax benefits. • Company acquires the power to hold, take and the dispose of the property from the time of its formation. • To build a podium to deal with the great suppliers, industries and customers.
The documents required for public limited company registration are: 1.PAN Card for Indians and passport for foreigners. 2.Passport for NRI’s 3.Passport Size photographs 4.Address proof and rent agreement in case of rented property 5.Electricity and water bills. 7.No Objection Certificate (NOC) from the landlord 8.Digital Signature Certificate (DSC) signed by directors and stakeholders. All the documents should be self attested.
It takes around 10 to 15 days for the completion of public limited company registration.
No, the process is done online and you do not need to be physically present during the public limited company registration.
Yes, a bank account is required for public limited company registration.
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