Public Limited Company
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Registration of Public Limited Company
Public limited company is suggested for large scale of business that require big investment and capital. Public limited company registered under companies Act 2013. Public limited company should have minimum seven members and there is no limit for maximum number of members of shareholders, And Minimum three Directors And maximum fifty Directors in company with minimum Paid-up capital of 5 Lakh.
Public Limited companies are entities that trade their stocks on public exchange market. Public / Investors on can become shareholders in a public company by purchasing shares of companies stock.
Benefits of public limited Company
The best advantage of public limited company is to raise capital by selling their stock of companies to public.
In public limited company the liabilities of shareholder and Director is extent of the share that they hold in company. In case if company suffer from any financial losses then the personal assets of director and shareholder will not be snatched by Bank or creditors.
Shareholder and Directors of company can be change but existence of Public limited company always remains the same.
The shares in public limited company is easily transferable though the shares of public limited company is always listed in stock exchange. In public limited company shareholder are not bound to remains as investor in company which attract investor to invest more in public limited company.
Though it’s public limited company and carries the investment of public, the public limited company publishes the statutory report of and accurate information of financial position of company.
Registered as a public company it’s maintain the brand position of company. Even listing the shares of company in stock exchange enhance the brand goodwill in market.
Procedure for Incorporation
- 1. Fill the application and Submit to our executive with proper Documents and Make payment.
- 2. Company Name Approval within 3 working days.
- 3. Making Digital Signature certificate for director 1 working days.
- 4. Documents preparing for incorporation within 2 days.
- 5. Applying for company incorporation 8 days.
- 6. Congratulation your PLC has been incorporated.
Documents required for incorporation of Section 8 companies
Documents required for Incorporating Section 8 Company is as follow:
- PAN card self-Attested copy
- Aadhar card self-Attested copy
- Photograph of the proposed director
ID proof of proposed Directors and members (anyone):
- Passport self-Attested copy
- Voter’s ID self-Attested copy
- Driving License self-Attested copy
Address proof of proposed members and directors (anyone):
- Telephone bill
- Mobile Bill
- Bank statement
- Electricity bill
Address proof for the principal place of business of the proposed company (anyone):
- Utility bill like telephone bill, electricity bill, gas bill, water bill
- Rent agreement with rent slip
- Proof of ownership.
Why to Register a Public Limited Company?
Why to Register a Public Limited Company?
1. Quick share Transfer.
2. Borrowing capital.
3. Listing shares on exchange.
4. Limited liability.
5. Separate Legal entity.
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3 DSC 2 Years validity 3 DIN Number for Director Name Approval for company Authorized capital of 10 Lakh Incorporation fees PAN And TAN of Company Incorporation KIT Goods And Service Tax (GST)
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| Standard |
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3 DSC 2 Years validity 3 DIN Number for Director Name Approval for company Authorized capital of 10 Lakh Incorporation fees PAN And TAN of Company Incorporation KIT Good and Service Tax (GST) Udyam Registration
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| Premium |
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3 DSC 2 Years validity 3 DIN Number for Director Name Approval for company Authorized capital of 10 Lakh Incorporation fees PAN And TAN of Company Incorporation KIT Good and Service Tax (GST) Udyam Registration Import Export code (IEC) ISO Certification 3 Years Validity |