fbpx

Public Limited Company Registration

 

Start your dream Business today

Free Consultation

 

A public limited company has large capital requirements which it can raise from the public at large through Public Issue of Shares. We can help you through the entire process of Public Limited Company registration. We will extend our support in documentation, preparation, filing, and subsequent follow-up with ROC.


Write to us for any queries...


    Public Limited Company Registration

    A Public Limited Company is incorporated as per the provisions contained in The Companies act 2013 and the rules made thereunder. Any seven-person group can start a Public Limited Company with no limitation to the number of shareholders in the company. This form of business is suitable for large-scale of business operations where the capital requirement is very high and the company is willing to obtain money from the public at large. We will extend our support right from the initial consultation to the final issue of the certificate of incorporation.

    Requirements To Register Public Limited Company

    Unique Name

    The proposed name of the company should not resemble any existing company or LLP. Further you must check the trademark registry to ensure that the name does not match with any registered or applied trademark in India.

    Minimum 7 Persons

    A company can be registered in India, by at least seven persons, who shall act as the shareholders of the company. There is no limit on the number of shareholders and the minimum director required is 3 which cant exceed 15 directors.

    Resident Director

    One director of the company must be resident in India. A person is said to be resident if he or she stays in India for at least 182 days during the preceding financial year irrespective of their citizenship. The days of stay can be in phases.

    Capital Requirement

    Invest as per requirement of your business, and there is no minimum capital requirement as such to be maintained in the company. However, the government fee on company registration is calculated on the capital

    Procedure for Registering a Public Comapny

    FirstFiling can help you through the entire process of registering a Public Limited Company!

    Our team of professionals can get it done for you!

    Documents Required

    • Two Photographs of each Promoters
    • Identity Proof of Each Promoter
    • Address Proof of Each Promoter
    • PAN Card of Each Promoter
    • Signed Declaration(s) from Promoters

    Frequently Asked Questions

    Normally it takes 8-15 Days in registration of a company, however it is a legal process and committing a fixed time line is not practical, Startups are advised to plan in advance before the launch date of their startup.

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

    Yes, there is no legal hurdle, However employment agreement may have some restriction, you are advised to refer to same or speak to us for more clarity.common-question-bottom

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

    The Public Limited Company deals with the public money and it has to make rather heavy compliances strictly that is bulkier than the Private limited company. Apart from the regular compliances related to Income tax, there are many periodic and annual compliances to be made by a public limited company with ROC/MCA, RBI etc. In addition, these regulatory liabilities are to secure and promote the profits and welfare of all shareholders of the Public limited company.

    There are several Benefits of a public limited company which are given below:

    1. The Public limited company has the feature of huge magnitude of capital than that of the Private limited company.
    2. It has a legal authority to trade on a stock exchange.
    3. There can be many shareholders, no limit
    4. The liabilities of the shareholders are limited. It means limited roughly to the face value of the shares they own. Moreover, shareholders do not have to take part in the day-to-day management of the business of the company.
    5. shareholders are entitled to transfer their shares freely without needing the consent of someone.
    ×