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

Public Limited Company  Digital Signature Certificate (DSCs) for 3 Directors     

Public Limited Company  Certificate of Incorporation      

Public Limited Company  Memorandum of Association and Articles of Association

Public Limited Company  Company Registration Master File             

Public Limited Company  PAN Card & TAN

Public Limited Company  Requirements for Opening  Bank Account  of Company 

Public Limited Company  Certificate of Commencement of Business

Public Limited Company  Share Certificates  

PROCEDURE FOR PUBLIC LIMITED COMPANY REGISTRATION


STEP-1Public Limited Company


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-2Public Limited Company

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-3Public Limited Company

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-4Public Limited Company

                 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:

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

Public Limited Company     Main business activities of the proposed company

Public Limited Company     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.

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

 

To be submitted by Directors & Promoters:

 Public Limited Company    Scanned copy of PAN Cards (for Indian) or Passports (for Foreigner)

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

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

Public Limited Company    Scanned Passport Size Photos

Public Limited Company    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      

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Frequently Asked Questions (FAQ's)?

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