WHAT IS A PUBLIC 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. Public Limited Companies  are allowed to issue shares to public through public issue and also raise deposits from public. There is no limit on maximum number of share holders a public limited company can have.

WHAT INCLUDES OUR PUBLIC LIMITED COMPANY REGISTRATION PACKAGE


   Director Identification Number (DINs)  for 3 Directors

  Digital Signature Certificate (DSCs) for 3 Directors     

  Certificate of Incorporation      

  Memorandum of Association and Articles of Association

  Company Registration Master File             

  PAN Card & TAN

  Requirements for Opening  Bank Account  of Company 

  Certificate of Commencement of Business

  Share Certificates  

PROCEDURE FOR PUBLIC LIMITED COMPANY REGISTRATION


STEP-1down


Obtain DSC & DINs for Proposed Directors: (Usually 2-3 working days)

Obtain Digital Signature for all the Partners – A Public Limited Company must have at least 3 Directors, all the proposed directors must apply for Digital Signatures and  obtain Director Identification Numbers (DIN).

Note: Obtaining of DSC is not mandatory if any of the proposed directors are already having DIN. In such case at least one proposed director must have DSC. 

 

 STEP-2down

Selection & Approval of Proposed Name : (Usually 2-3 working days)

We have to choose Unique Names which are not identical or similar to any other companies or registered Trade Marks. We request you to furnish at least 3 different and unique names. Based on the names given, we will file application (Form INC -1) for name approval. Usually it takes 2-3 working days for name approval.              

 STEP-3down

Preparation of Incorporation  Docs, Forms & Submission : (Usually 2-3 working Days)

Based on the name approved, we prepare incorporation docs and forms, such as MOA, AOA, Forms INC-9, INC-10 & others and will be sent to you for signatures.

You have to sign the required documents and send us for filing the forms for Registration.

Based on signed documents received from you, we will prepare incorporation forms and file with the department for approval of Company Registration, PAN and TAN.

 STEP-4down

                 Obtain Certificate of Incorporation :  (Usually 1-2 working Days)

Based on the forms we submit along with Information & Documents, the department will scrutinize the forms along with attachments and approve if it is in order. If any Additional Information is required by department, we have to resubmit the documents and information as required by department.

Up on Approval, we receive, Certificate of Incorporation.

 

DOCUMENTS REQUIRED FOR PUBLIC LTD COMPANY REGISTRATION


 To be submitted for Company:

 hand_1     Names of the proposed company (suggest you to give Minimum 3 alternative names required)

hand_1     Main business activities of the proposed company

hand_1     Address of the company to be registered (with detailed Door No) Please note same address will come on Certificate of Incorporation and PAN Card will be couriered to the same address.

hand_1     Municipal Tax Receipt and Power bill (Recent) both are required and address must be clearly visible)

 

To be submitted by Directors & Promoters:

 hand_1    Scanned copy of PAN Cards (for Indian) or Passports (for Foreigner)

hand_1    Scanned copy of ID Proofs (Aadhar Card/ Voter ID/ Driving License/ Passport are only accepted as ID proofs for Company registration)

hand_1    Scanned copy of Address Proofs (latest Bank Statement or Telephone Bill/ Electricity or Gas Bill are only accepted as Address Proofs)

hand_1    Scanned Passport Size Photos

hand_1    Education Qualification, Mail Id and Phone Numbers of Proposed Directors to mention in DIN application forms and Documents

 

 ADVANTAGES OF  A PUBLIC LIMITED COMPANY


 

  • Preferred by banks , VC’s & Investors

  • Easy to allocate and redistribute shares to investors or other directors

  • Eligible for accepting public deposits 

  • Separate legal entity which limits liability of Share Holders / Investors      

Public Limited Company

Rs. 19,999 all-inclusive


Frequently Asked Questions (FAQ's)?

DIN (Director Identification Number) is a Unique Identification Number allotted to any person to act as a director of any company registered under Indian Companies Act. Without DIN, one cannot become Director of any company. PAN is mandatory for applying DIN.

Digital Signature is an Electronic Signature (a digital code, generated and authenticated by public key encryption) which is used to authentic the documents electronically, to verify its contents and the identity of the person authenticating the   documents.

For registering a Public Limited Company, it generally takes 10 working days, depends on queries raised by department (ROC) at the time of registration. Hence we suggest to chose unique name (which is not similar to any existing company or Trade Mark) to register the company at the earliest.

Three persons are required to register a Public Limited Company.

 

There is no minimum capital required for registration of a company and minimum of Directors to register a Public Limited Company is 3. We suggest to register company with minimum capital of Rs.1,00,000/- as there will be Pre Incorporation and Pre Operative expenses to be met.

No specific educational qualifications are required to become as a Director of Public Limited Company. 

 

Yes, Pan Card is mandatory for registering both Public Limited Company and DIN.

Yes, registered office address is mandatory for registration of a Public Limited Company. At the time of registration, we have to submit any utility bill like electricity or water bill and proof of ownership in support of proposed registered Office Address.

Yes, you can register a Public Limited Company, even if you are residing out of India. But, your id, address proofs and incorporation docs must be attested by the notary of the foreign country where you reside at the time of registration.

 

For registering a company we require, Pan Card, Address Proof – Passport/ Election Card/ Voter Identity Card/ Ration Card/ Driving License/ Electricity Bill/ Telephone Bill/ Aadhar Card and Registered Office Proof.

The authorized capital is Rs 5, 00,000/- and the paid up capital is also Rs 5, 00,000/- 

Yes, a Foreign Citizen / Company can register a company in India. But, there must be at least one director who is resident in India.