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Public Limited Company Registration

Public Limited Company Registration

A Public Limited Company registration in India is the best suitable business structure for entrepreneurs who are planning for large-scale business operations. To register a Public Limited Company in India there should be a minimum of seven members and there is no limit on the maximum number of members/shareholders for starting a Public Limited Company.

Public limited company registration with 8 DSC, 3 DIN, 1 RUN Name Approval, 10 lakh authorized capital, incorporation fee, stamp duty*, MOA, AOA, incorporation certificate, PAN, TAN, GST registration, business bank account opening, hard-copy share certificates, Inclusive of government fees and taxes.


Company Details
Act Companies Act, 2013
Registration Requirement Mandatory
Number of members Unlimited
Separate Legal Entity Yes
Liability Protection Limited
Statutory Audit Mandatory
Ownership Transferability Unrestricted
Uninterrupted Existence Yes
Foreign Participation Allowed
Tax Rates Moderate
Statutory Compliances High

Tags: limited, company, starting, business, india public, registration

Register a Public Limited Company

According to the Companies Act of 2013, a Public Limited Company is created, incorporated, and governed. Shares of the company or capital invested by its investors determine how much ownership each has about the other. Additionally, shareholders and the public can readily transfer ownership by exchanging the company's shares on popular standards like the Stock Exchange Markets. The shareholders agree upon a defined ratio for splitting the company's profits. Their liabilities are limited to the amount of capital they have invested in the business.

In India, a public limited company has all the rights and benefits of a corporate body and the benefits of limited liability. In order to raise money from the general public, a public limited business registers on the stock exchange. 

TaxClue is the fastest-growing platform for business services in India, intending to assist entrepreneurs in starting and expanding their companies at a minimal price. In order to make it simpler for entrepreneurs to launch their enterprises, we founded our company in December 2016. 

 

You can easily get the Public limited company registration in Delhi with TaxClue and get the best financial advice from our experts.   


Services Covered

Certificate of Incorporation

PAN

TAN

GST Registration

ESIC Registration

EPF Registration

3 DINs and DSC

Shop Act Registration

Physical copies of Share Certificate

Why Public Limited?

Separate Legal entity

Easy Exit

Growth opportunities

Limited Liability

Easy transferability of shares

Multiple avenues of funding

Raising capital through public issue of shares

Prestigious profile and confidence

Advantages of Public Limited Company Registration

A Public Limited Company was established following the Companies Act's provisions in 2013. A member of a Limited Company incorporated in India has Limited Liability and is also permitted to raise funds from the public through the issuance of shares.



Indefinite Succession

A public limited corporation is a business entity with perpetual succession. It means that even if one or more members/shareholders/directors die, retire, become insane, or go bankrupt, the firm will continue to exist.

Improved Business Capital

An open offer to purchase shares of a public limited business is extended to the general public. Consequently, anyone can invest in publicly traded companies that raise the proposed company's capital.

Less risk

The public's ability to purchase shares of public corporations reduces the market's exposure to systemic hazards.

Better opportunities

Lower risks create better opportunities, allowing the business to develop and grow by funding new initiatives with the money obtained through the sale of its stock.

Borrowing Potential

A public corporation has access to an unlimited number of borrowing sources. It can sell its shares to the public, issue stock and debentures, and accept deposits from them. Furthermore, most financial institutions regard public corporations as more important than unregistered companies.

Limited liability

Shareholders in public firms benefit from restricted liabilities, which shield their assets from being used to pay off the company's debts and losses. Nevertheless, the stockholders are liable for any legal violations they commit. Every member, director, and shareholder has access to this privilege, and no bank, creditor, or government agency may collect their assets.

Documents required to register a Public Limited Company

Photo

Passport Sized Photographs of all the Directors

Proof of Identity

Copies of the Identity Documents of all the Directors- Aadhar Card, Voter Card, PAN Card.

Proof of Address

Copies of the Address proof Documents of all the Directors- Utility Bills, Bank Statements

DSC (Digital Signature Certificate)

DSC (Digital Signature Certificate) of all the Directors

DIN (Director Identification Number)

DIN (Director Identification Number) of all the Directors.

Office Address Proof

  • In case the office is an owned place- the property ownership documents
  • If the office is a rented property - The rent agreement.

Process Flow

Register a Company in 3 Easy Steps

1. Fill the Questionnaire

  • Make a package that best fits your requirements
  • Make payment through secured payment gateways
  • Fill in our questionnaire that takes less than 10 minutes
  • Provide basic details & documents required for registration

2. Help from Experts

  • Assigned Relationship Manager
  • Procurement of Digital Signatures (DSC)
  • Application for Company Name Registration
  • Documents drafting including MOA and AOA
  • Application for PAN and TAN   
  •  Certificate of Incorporation 

3. Your Company is Registered

  • All it takes is 7 – 10 working days

Process to Register a Company in India

Day 1

  • Review of documents and information provided
  • Application for Digital Signature Certificate

Day 2 - 3

  • Checking Name availability
  • Name reservation application under SPICe+
  • Drafting of MoA, AoA & other required documents

Day 4 - 5

  • Filing company registration application
  • Application for ESIC and EPF of company
  • Application for PAN and TAN of company

Day 6 - 10

  • Government processing time

Compare different business structures to choose the right entity type
Public Limited Company Registration LLP Registration Private Limited Company One Person Company Registration Sole Proprietorship Firm Registration Partnership Firm Registration Section 8 Company
Act Companies Act, 2013 Limited Liability Partnership Act, 2008 Companies Act, 2013 Companies Act, 2013 No specified Act Indian Partnership Act, 1932 No specified Act
Registration Requirement Mandatory Mandatory Mandatory Mandatory No Optional No
Number of members Unlimited 2 – Unlimited 2 – 200 Only 1 Only 1 2 – 50 Only 1
Separate Legal Entity Yes Yes Yes Yes No No No
Liability Protection Limited Limited Limited Limited Unlimited Unlimited Unlimited
Statutory Audit Mandatory Dependent Mandatory Mandatory Not mandatory Not mandatory Not mandatory
Ownership Transferability Unrestricted Yes Restricted No No No No
Uninterrupted Existence Yes Yes Yes Yes No No No
Foreign Participation Allowed Allowed Allowed Not Allowed Not Allowed Not Allowed Not Allowed
Tax Rates Moderate High Moderate Moderate Low High Low
Statutory Compliances High Moderate High Moderate Less Less Less
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