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Public Limited Company Registration

Need to register a Public Limited Company?

Public Limited Company Registration Starting at Just Rs.39,999/- (Inclusive of all Govt. Fees).

About Public Limited Company

PPublic Limited Companies are those types of companies where minimum number of members is 7 and no restriction on maximum number. A public limited company has the limited liability of members. A public limited company has all the advantages of partnership namely flexibility, greater capital combination of different and diversified abilities, etc., and at the same time it has advantages of limited liability, greatest stability and legal entity.

A limited company grants limited liability to its owners and management. Being a public company allows a firm to sell shares to investors this is beneficial in raising capital. A minimum of three Directors are required for establishing a Public Limited Company and it has more stringent regulatory requirements compared to a Private Limited Company.

Public Limited Companies are those types of companies where minimum number of members is seven and there is no cap on the maximum number of members. A public limited company has most of the characteristics of a private limited company. A public limited company has all the advantages of private limited company and the ability to have any number of members, ease in transfer of shareholding and more transparency. Identifying marks of a public limited company are name, number of members, shares, formation, management, directors and meetings, etc.,

Limited company is the ideal choice of corporate entity for medium and large sized businesses that raise equity capital from the public.

ADVANTAGES OF PUBLIC LIMITED COMPANY

A company is a legal entity and a juristic person established under the Act. Therefore a company form of organization has wide legal capacity and can own property and also incur debts. The members (Shareholders/Directors) of a company have no liability to the creditors of a company for such debts.

A company has 'perpetual succession', that is continued or uninterrupted existence until it is legally dissolved. A company, being a separate legal person, is unaffected by the death or other departure of any member but continues to be in existence irrespective of the changes in membership.

A company enjoys better avenues for borrowing of funds. It can issue debentures, secured as well as unsecured and can also accept deposits from the public, etc. Even banking and financial institutions prefer to render large financial assistance to a company rather than partnership firms or proprietary concerns.

Shares of a company limited by shares are transferable by a shareholder to any other person. Filing and signing a share transfer form and handing over the buyer of the shares along with share certificate can easily transfer shares.

A company being a juristic person, can acquire, own, enjoy and alienate, property in its own name. No shareholder can make any claim upon the property of the company so long as the company is a going concern.

Limited Liability means the status of being legally responsible only to a limited amount for debts of a company. Unlike proprietorships and partnerships, in a limited liability company the liability of the members in respect of the company's debts is limited.

PUBLIC LIMITED COMPANY PROCESS

Obtaining DSC & DIN

Digital Signature Certificate (DSC) and Director Identification Number (DIN) is required for the proposed Directors of the Public Limited Company. DIN and DSC can be obtained for the proposed Directors within 1 day.

Name Approval

A minimum of one and a maximum of six proposed names must be submitted to the MCA. Subject to availability, naming guidelines and MCA processing time, Name Approval can be obtained in 1 day.

Company Incorporation

Incorporation documents can be submitted to the MCA along with an application for incorporation. MCA will usually approve the application for incorporation in 3 to 5 days, subject to their processing time.

Success means having the courage, the determination, and the will to become the person you believe you were meant to be.

DOCUMENTS REQUIRED FOR PUBLIC LIMITED REGISTRATION

Documents Required for Public Limited Registration

For Public Limited Company

  • PAN Card of directors
  • Photograph of directors
  • Aadhaar Card/ Voter identity card
  • Rent agreement (If rented property)
  • Electricity/ Water bill (Business Place)
  • Property papers (If owned property)
  • Landlord NOC (Format will be provided)

For Registered Office

Rented Property

  • Rent Agreement



Owned Property

  • Electricity/ Water bill (Business Place)
  • Property papers (If owned property)
  • Landlord NOC (Format will be provided)
Basic
39,999
/-

(Inclusive of all Govt. Fees).

DSC
DIN
Name Approval
Fees And Stamp Duty
PAN
TAN
Articles Of Association (AOA)
Memorandom Of Association (MOA)
Certificate of Incorporation (COI)
Company kit
BASIC WEBSITE FREE



Get Started

Standard
43,999
/-

(Inclusive of all Govt. Fees).

DSC
DIN
Name Approval
Fees And Stamp Duty
PAN
TAN
Articles Of Association (AOA)
Memorandom Of Association (MOA)
Certificate of Incorporation (COI)
Company kit
One Year TDS Filing
GST Registration
BASIC WEBSITE FREE

Get Started

Premium
49,999
/-

(Inclusive of all Govt. Fees).

DSC
DIN
Name Approval
Fees And Stamp Duty
PAN
TAN
Articles Of Association (AOA)
Memorandom Of Association (MOA)
Certificate of Incorporation (COI)
Company kit
One Year TDS Filing
GST Registration
Trademark Registration
BASIC WEBSITE FREE

Get Started

FAQ OF Public LIMITED COMPANY

What is a Public Limited Company?

Public Limited Company is the biggest business setup in India and is preferred for businesses who want to go Public / Get listed.

How many Directors are required in Public Limited Company?

A minimum of three directors are required to establish a Public Company and the maximum amount cannot exceed beyond fifteen.

How much money do I need to start a Public Limited Company?

To start a Public Limited Company minumim paid up capital of 5 Lakh is required

Can an NRI/Foreign National be a director in a Public Limited Company?

Yes, an NRI or Foreign National can be a Partner after obtaining a DPIN. At least, one of the partners have to be a resident Indian citizen

For Registered Office Address

How long does it take to register a company?

It usually takes 15-20 working days to register a Public Limited Company

Your company is in Delhi / NCR, I am in a different state. Can I still register a company?

Yes, the company incorporation process is online. You can email / upload us the required documents.

Can another Company be a shareholder in Public Limited Company?

Yes, a company can also be a shareholder in another Public Limited Company.

What are the documents required to open a Public Limited Company?

The documents requirements are as follows

  • Pan Card
  • ID proof- Any one (Voter ID / Aadhar Card / Driving License / Passport)
  • Address Proof- Any one (Electricity Bill / Telephone Bill / Mobile Bill / Bank Statement)
Can a Salaried person become the director in Public Limited Company?

Yes, a salaried person become a director, there are no legal bondages in this but you may have to go through with your employment agreement if it contains any restrictions on doing so.

How long is the company valid for?

Once a Company is incorporated, it will be active and in-existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the Company will become a Dormant Company and maybe struck off from the register after a period of time. A struck-off Company can be revived for a period of up to 20 years.

Is an office required to open a company?

No you can open a company to your residential address there is no requirement to have a commercial place to open up a company

For Registered Office Address

  • Rent agreement along with latest rent receipt (in case the premises are rented)
  • House tax receipts (in case premises are owned)
  • Electricity bill
  • NOC from the Owner (Format will be shared once your company name approved)
How do I choose name for Public Company?

First ensure the name is not similar to any other Private limited, OPC, LLP or Public limited company. Also, do check if the name is not a registered trademark taken by anybody under the IP act. Also, make sure the name is not too generic to be accepted by the ROC land also, try not to use abbreviations, adjectives. While choosing the name make sure that name should contain the objective of the business like if the objective is I then word is Technology, technosoft, IT consultancy.

Also, make sure the name is not too generic to be accepted by the ROC land also, try not to use abbreviations, adjectives.

While choosing the name make sure that name should contain the objective of the business like if the objective is IT then the name should contain Technology, Technosoft, IT consultancy.

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