Public Limited Company
Register your Public Limited Company @ Rs.18000 (Professional Fee)
- Free Consultancy
- Name Search
- Name Reservation
- DSC for 7 Shareholders
- DIN for 3 Directors
- Drafting of MOA and AOA
- Certification of Incorporation
- PAN and TAN of the company
- Employee State Insurance Code(ESIC)
- Share Certificate
- Printed Copy of MOA and AOA
- Time: 4 – 10 Days
- 100% Online Process
CONTACT US
About
A Public Limited Company (PLC) is a separate legal business entity which offers its shares to be traded on the stock exchange for the general public. According to the regulations of the corporate law, a PLC has to compulsorily present its financial stats and position publicly to maintain transparency.
PLC Registration in India is initiated with a minimum of three Directors who are individuals and maximum of upto 15 directors without Special Resolution), and seven subscribers (shareholders) who may be Individuals or corporate entities. Both, the directors and subscribers may or may not be the same person. The Companies Act 2013 does not set any minimum capital limit, so the minimum capital can even be Re 1 per shareholder. A public limited company has features like separate legal entity which enables it to be distinct from its members and directors. The members hold a limited liability in the company and cannot be held liable beyond the shares held by them.
ADVANTAGES
Ease in raising capital
Raising capital in Public Limited Company is easy as capital is raised through public issues of shares.
Growth and Expansion Opportunity
There is lots of scope of growth and expansion opportunities in Public Limited Company.
Prestigious Profile and Confidence
More people are likely to be aware of the company if it it listed on a stock exchange. Thus, people will recognise the company and its products or services. Better brand recognition can lead to more sales.
Transferability of Shares
Transferring share is much more easy in Public Limited Company than in Private Limited Company
PROCEDURE
STEP 1
Receive and review documents from client
STEP 2
Apply for Digital Signature Certificate and DIN number of proposed appointee
STEP 3
Draft the required resolution
STEP 4
File necessary forms with the Registrar of Companies
REQUIREMENTS
Identity Proof
Photograph of proposed appointee, Self attested copy of PAN card and any one of Adhar/Passport/Driving License/Voters Card of proposed appointee.
Address Proof
Any one latest Utility Bill (Bank Statement/Electricity Bill/Telephone Bill/phone of proposed appointee.
Personal Information
Qualification(Graduate/Post Graduate/SSC/HSC), Mobile number and email, of the proposed appointee.
Digital Signature Certificate
Digital Signature Certificates (DSC) of the shareholders and the Directors of the Company.
PRICE
BASIC
Rs.18000
Public Limited Company Registration with 3 Directors
(Excluding Govt Fees and GST).`
₹18,000.00Add to cart
STANDARD
Rs.20000
Public Limited Company Registration with 3 Directors + GST Registration
(Excluding Govt Fees and GST)
₹20,000.00Add to cart
PREMIUM
Rs.21000
Public Limited Company Registration with 3 Directors + GST Registration + MSME Registration
(Excluding Govt Fees and GST)
₹21,000.00Add to cart
FAQs
1.Can a Minor become a Director of the company?
No, as per the Act, it is mandatory that the director needs to be at least 18 years of age.
2. Does the director of a Public Limited Company have any obligations to pay off the creditors of the company?
No, being a limited liability entity, the liability of a member of a company is limited to the face value of the shares the member owns. Upon payment of the whole of the face value, he has no obligation to contribute anything to pay off the creditors of the company.
3. Can a shareholder of company involve in business and management of a Company?
The shareholders of a company do not have the right to participate in the day-to-day management of the business of a company. This ensures separation of ownership from management.
4. Who is the ultimate person governing a Public Limited Company?
The power of decision making in a company is vested in the Board of Directors, and all policy decisions are taken at the Board level by the majority rule. This ensures a unity of direction in management.
5. What is the difference between authorized capital and paid-up capital?
The authorized capital is the capital limit authorized by the Registrar of Companies up to which the shares can be issued to the members/public, as the case may be. The paid up share capital is the paid portion of the capital subscribed by the shareholders.
6. What are the requirements for registration of public limited company?
- Minimum 7 shareholders & 3 directors are required for Public limited company registration
- Minimum share capital required to start a public limited company is Rs. 5 lac
