Registration

Public Limited Company

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Public Limited Company Registration Package

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More About Public Limited Company

What is Public Limited Company?

A public limited company mainly two types 1. Unlisted Public Company, 2. Listed Public Company. Public Limited Company have also limited liability to its shareholder and directors. A minimum of three Directors and seven members are required for establishing a Public Limited Company and it has more compliances and regulatory requirements compared to a Private Limited Company.

Why Choose Public Limited Company:

  • It is flexible and has limited liability. 
  • A greater capital contribution and greater stability
  • The possibility to grow big and expand
  • It’s helpful to establish trust and brand Equity
  • Its have a option to get listed in recognized stock exchange.
  • There is no limit on number of member to become shareholder in public company.


Minimum requirement to incorporate Public Limited Company;

  • Minimum 3 Directors
  • Minimum 7 Shareholders
  • The directors and shareholders can be same person
  • One of the Directors must be Indian resident
  • DIN (Director Identification Number) for all Directors
  • DSC (Digital Signature Certificate) for all Directors and Shareholders
  • The registered office of an OPC does not have to be a commercial space. Even a rented home can be the registered office, so long as an NoC is obtained from the landlord.

FAQ on Public Limited Company

Applicable tax rate for the Company?
Company has to pay tax at Base rate + Surcharges + CESS. Base rate of the Company are as below. Domestic Company not Availed any exemption or incentive 22% Company Incorporate After 1st October 2019 and not availed any exemption or incentive 15% If, any exemption or incentive are availed 25% Any other Case 30%
Can Foreigner / NRI Become a Director?
Yes, The Director needs to be over 18 years of age and must be a natural person. There are no limitations in terms of citizenship or residency. Therefore, even foreign nationals can be Directors in a Indian Public Limited Company. However, at least one Director on the Board of Directors must be a Resident India.
Can Limited Company Conduct multiple Business?
Yes, Company can do multiple business if, it is mention and approved memorandum of association (MOA) by the registrar.
Do we have to be present in person to incorporate a Limited Company?
No, you will not have to be present at our office or appear at any office for the incorporation of a Limited Company. All the documents can be scanned and sent through email to our office. Some documents will also have to be couriered to our office.
Does my business have some level of turnover to incorporate Public Limited Company?
This is not true; a Public limited company is one of the modes of doing business, which means it can be started from day one. For that matter even after incorporating a Public limited company there is no obligation that the company must have sales or turnover.
How long is the incorporated Company is valid?
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.
What are the documents required for incorporation?
As Mention Above.
What is the capital required to start a Limited Company?
There is No such minimum capital requirement. You can start a Limited Company with any amount of capital.

Documents Required for Public Limited Company registration

Minimum Requirements

Documents of Proposed Directors/Shareholders Required:
1. Pan Card - self Certified Copy
2. Aadhar card -self Certified Copy
3. I’d proof (Driving License, Voter ID, Passport) -self Certified Copy
4. Address proof (Lightbill, Mobile Bill, Bank statement - not older than 2 month) -self Certified Copy
5. Two photo (Passport Size)

Information of Proposed Directors/Shareholders Required:
1. Education Qualification 
2. Current Occupancy 
3. Birth Place with District, Taluka, State
4. No of year stay at present address (year and month)
5. Email I’d
6. Contact no.

Specific Requirements

For Registered Office of the Company:

1. Electricity Bill / Telephone Bill / Mobile Bill (Not Older than 2 Months)

A utility bill, rent agreement or sale deed and an NOC from the landlord with his / her consent to use the office as a registered office of a company must be submitted as well.

Advantages of a Public Limited Company

Points to make your decision easy

Steps involved in Registration of an Indian Public Limited Company

STEPS & TIME DURATION
1

Day 1-2

  • Collection of Basic Documents and Information's
  • Application for Digital Signature Certificate (DSC)

2

Day 3-4

  • Search Proposed Company Name Availability.
  • Draft Required Documents for registration of Company. 

3

Day 4-6

  • Application for Name Reservation
  • Filling a Forms for Registration of the Company.

4

Day 7-8

  • Getting a Incorporation Certificate (Registration Certificate)
  • Getting PAN, PF, ESIC, TAN Number