PUBLIC LIMITED Company

PUBLIC LIMITED COMPANY IS PREFERABLE WHEN THE OBJECTIVE IS TO RAISE FUNDS FROM PUBLIC. IT CAN EASILY TRANSFER IT SHARES WITHOUT ANY HASTLE & PROVIDES GREATER TRANSPARENCY. HOWEVER A PROSPECTUS CAN BE ISSUED BY A PUBLIC LIMITED COMPANY & THERE IS A LEGAL REQUIREMENT IN THE COMPANIES ACT TO DO SO.

BENEFITS ASSOCIATED WITH THE PUBLIC LIMITED COMPANY THAT ENCOURAGE YOU TO BEGIN YOUR BUSINESS
  1. RAISING CAPITAL :- A PUBLIC LIMITED COMPANY CAN EASILY RAISED FUNDS FROM PUBLIC & EXISTING INVESTORS.
  2. LEGALITY: – IT IS REGISTER UNDER THE COMPANIES ACT, 2013. THEREFORE, IT HAS A LEGAL EXISTENCE.
  3. NO MINIMUM CAPITAL :- THERE IS NO LIMIT ON CAPITAL REQUIREMENT THAT MEANS YOU CAN
  4. LOANS & DEPOSITS:- PUBLIC COMPANY CAN ACCEPT DEPOSITS FROM PUBLIC & GRANT LOANS AS PER COMPANIES ACT.
  5. LISTING: – IT CAN LIST ITS SHARES ON NSE (NATIONAL STOCK EXCHANGE), BSE (BOMBAY
  6. LIQUIDITY:- SHAREHOLDERS ARE ABLE TO BUY & SELL THEIR SHARES IF THEY ARE QUOTED ON

AFTER THAT WHEN THE REGISTRAR IS SATISFIED WITH ALL THE DOCUMENTS A FRESH CERTIFICATE OF INCORPORATION SHALL BE ISSUED BY IT.

MINIMUM REQUIREMENTS FOR COMPANY REGISTRATION

  1. MINIMUM 3 DIRECTORS.
  2. NO MAXIMUM LIMIT ON DIRECTORS.
  3. NAME SHOULD ME UNIQUE.
  4. ATLEAST 7 SHAREHOLDRS.

DOCUMENTS WHICH ARE REQUIRED TO REGISTER A PUBLIC LIMITED COMPANY.

  1. COPY OF PAN CARD/PASSPORT (SELF ATTESTED).
  2. COPY OF AADHAR CARD/ VOTER ID/ DRIVING LICENSE (SELF ATTESTED).
  3. BANK STATEMENT/ TELEPHONE BILL/ ELECTRICITY BILL/ MOBILE BILL FOR REGISTERED OFFICE ADDRESS.
  4. PASSPORT SIZE PHOTOGRAPH.

STEPS THAT ARE REQUIRED TO REGISTER A PUBLIC LIMITED COMPANY

  1. NAME APPROVAL.
  2. APPLY FOR DIGITAL SIGNATURE (DSC).
  3. APPLICATION FOR DIRECTOR IDENTIFICATION NUMBER (DIN).
  4. DRAFTING DOCUMENTS, AOA & MOA.
  5. FILLING OF SPICE FORM + , MOA (INC-33), AOA(INC-34).
  6. ELECTRONICALLY SUBMISSION OF ABOVE FORMS ON MCA WITH GOVERNMENT FEE.

COMPANY INCORPORATION CERTIFICATE, PAN, TAN.

WE WILL PROVIDE YOU THE COMPANY REGISTRATION SERVICES. IT WILL TAKE AROUND 11-12 DAYS TO COMPLETE. THE WHOLE PROCESS IS ONLINE THERE IS NO NEED TO ARRANGE TIME TO VISIT PHYSICALLY.

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