Public Limited Company Registration
In 10 days.
From Anywhere.At a Single Click
- DSC of 2 Partners
- Company Name Reservation
- AOA and MOA
- Corporate Identification Number
- PAN & TAN
- Bank Account Opening template
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 benificial 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.,
A private limited company, or LTD, is a type of privately held small business entity. This type of business entity limits owner liability to their shares, limits the number of shareholders to 50, and restricts shareholders from publicly trading shares.During the recent recession, which lasted from December 2007 - June 2009, many businesses experienced financial problems and permanently closed. One advantage of owning a private limited company is that the financial liability of shareholders is limited to their shares. Therefore, if a private limited company was in financial trouble and had to close, shareholders would not risk losing their personal assets. Although, perpetrating a fraud related to the private limited company would negate an owner's limited liability protection.The restriction placed on the sale or transfer of shares may be considered an advantage or disadvantage, depending on your outlook.
- Digital Signature Certificate (DSC)
All Propose directors of the company should have a digital signature, and digital signature will use to file the registration forms, ROC compliance E-forms, and Tax returns.
- Director Identification Number (DIN)
You will get an approval email from the Registrar of companies that you are now eligible to be a director of a company.
- Company Name approval
After a Trademark search, we will proceed to file a Name Approval form to ROC on your behalf.
- Final Incorporation and CIN
After Name approval from the Registrar of Companies, we will file final incorporation form to the Registrar of Companies.
Then we will file PAN Application.
- Limited Liability
Liability of Members and Directors of the Public limited company is limited to their shares. It means that if the company suffers from any loss and faces financial distress because of primary business activity, the personal assets of shareholders / Members / Directors will not be at risk of being seized by banks, creditors, and government.
- Continuity of Existence
The life of a business is not affected by the status of shareholders, and even after the death of the shareholder Public limited company continues to exist.
- Borrowing Capacity
A Public limited company enjoys unlimited source for the borrowing of funds. The public limited company can issue debentures, equity and can also accept deposits from the public. Financial institution even prefers to render financial assistance to large public limited company.
Public Limited Company registration is a 100% online process. No need to be present physically to our office or ministry of corporate affairs. We will send our person to your home or office for document signature.
AOA refers to articles of association which defines the internal constitution of the company, and MOA defines mission, vision, business objectives of the company in the log run.
No. you need not hire a full-time CA or CS. We will offer your annual compliance package thru you will get the right advice from our team.
Usually, we register a company in 15 business days.
As Per companies act 2013, company name should be unique, and business objectives should be added to the name. Also, do care that business name and legal should be different.
All proposed directors should provide identity proof (like Aadhar/ Passport / DL/ any other government issued ID, Utility bills as address proof, a copy of PAN Card (for Indian Nationals) and Passport (for foreign nationals). No-objection Certificate must be submitted by the owner of the registered office premises.
The DSC is a digital signature certificate which is issued by the certifying authority to sign the electronic documents. DIN is a director identification number. Every proposed director in a company must have a valid DIN.
A registration certificate issued by the registrar of company shall be valid throughout the life of the company.