fbpx

Startup Counter

THINGS TO KNOW BEFORE YOU REGISTER- PUBLIC LIMITED COMPANY REGISTRATION

The Public Limited Company is a wider form of the limited company, which has no restriction on the maximum number of shareholders, listing its shares in the stock market, transfer of shares, and raising funds from public and accepting public deposits; For setting up a public limited company anywhere in India, there is requirement of minimum Seven Shareholders and Three Directors; the directors can also be shareholders.

startup image
introduction

INTRODUCTION

A public limited company is a company that offers shares to general public and has limited liability. Any can acquire its stock either privately through IPO( initial public offering) or via trades on stock market. A public limited company required to publish its true financial position to its shareholders and is strictly regulated. For setting up a public limited company anywhere in India, there is minimum requirement of seven shareholders and three directors and the directors can also be shareholders.

advantage

ADVANTAGES

Required_Documents

DOCUMENTS REQUIRED

Our Packages for Public Limited Company

packages

BASIC

All Inclusive Fees

27,999

PRO

All Inclusive Fees

29,999

PREMIUM

All Inclusive Fees

34,999

Procedure to Public Limited Company

Step - 1 : Name reservation:-The first step in incorporation is to reserve/approve the name of company.

meeting

Step - 2 :Digital Signature Certificate (DSC) of Director-DSC is required to be taken for the directors and shareholder of the company, who is required to sign the e-form for registration before filing incorporation application for the company.

adt-1

Step - 3 : Obtain Director Identification Number (DIN)-DIN is a unique identification number to the director issued by Registrar of the companies (ROC) for becoming a director in India.

increase-sales-icon

Step - 4 : Approval of other authorities-

registration form

Step - 5 : Document submission-Application for registration/incorporation of public limited company is made to Registrar of Companies (ROC) along Memorandum and Article of Associations, declaration, affidavits etc.

PersonalLoan

Step - 6 : Certificate of Incorporation-if ROC finds the documents are in order, issues Certificate of Incorporation which is the Registration certificate of public limited company.

applicable

Step - 7 : PAN & TAN of the company-PAN and TAN are simultaneously applied alongwith company registration forms and are issued along with Certificate

meeting

Step - 8 :Opening of Bank Account-On submission of Certificate of Incorporation & other essential documents, bank open a current account in name of company

FAQ

Most frequent questions and answers
faq

For setting up a public limited company anywhere in India, there are required a minimum of Seven Shareholders and Three Directors; the directors can also be shareholders. The requirement of the minimum paid-up share capital worth INR 5 Lac, has been removed by the Companies (Amendment) Act, 2015.

As a public limited company deals with public money, it has to make rather heavy compliances strictly, which are bulkier than those performed by a private limited company. Apart from the regular compliances related with income tax, there are many periodic and annual compliances to be made by a public limited company with ROC/MCA, SEBI, RBI, etc. These regulatory liabilities are in addition to securing and promoting steadily the profits and welfare of all shareholders of the public limited company.

Yes, an NRI or Foreign National can also be a shareholder or director in a public limited company of India. For becoming a director, besides the basic requirement of being a sensible adult, such a person must possess the DIN issued by MCA.

There is no restriction of maximum numbers of shareholders in a public limited company.

Yes, There is no need to have a commercial space for registering a company in India.

Yes, its is a very easy process if the new address is within same city, the change can be made within hours.

Request Quotation/Call Back From Startup Specialist