Public Limited Company Registration @ Rs. 14999 2020-07-23T21:01:12+05:30

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    What is Public Limited Company?

    A limited company grants limited liability to its owners and management. Being a public limited company allows a firm to sell shares to investors this is benificial in raising capital. A minimum of three Directors are required for establishing a Public Limited Company and it has more stringent regulatory requirements compared to a Private Limited Company.
    Public Limited Company is that type 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.

    Choose Public Limited Company Registration as

    public limited company

    A public limited company has all the advantages of private limited company and the ability to have any number of members, ease in transfer of shareholding and more transparency. Identifying marks of a public limited company are name, number of members, shares, formation, management, directors and meetings, etc.,

    Choose Public Limited Company because

    • More preference is given to public limited company in giving loan.
    • By following compliance public limited company can list its shares on stock exchange.
    • Shareholders can transfer their Shares with great ease.
    • Limits the liabilities of its Directors .

    It takes 7-12 working days on an average to complete online company registration, subject to the government processing time and the client document submission.

    Advantages Of Public Limited Company

    • Favorite Business structure for Investors
      Investors love to invest in Public Limited companies as it is well structured and transparent business structure.
    • Most Suitable for Heavy Investment
      Public Company is the best choice for businesses involving heavy investment.
    • Easy to raise funds and loans
      Public Limited company can list itself in various stock exchanges in India and raise capital from stock market. Limited company also enjoys wide options to raise funds through bank loans, general public and Institutional investors.
    • Uninterrupted Existance
      A company has ‘perpetual succession’, that is continued or uninterrupted existence until it is legally dissolved. A company, being a separate legal person, is unaffected by the death or other departure of any member but continues to be in existence irrespective of the changes in membership.
    • Easy Transfer of shares
      Most important it is very easy to exit from a Public limited company, only shares of the company need to be handed over to the purchaser along with the signed share transfer forms.
    • Owning Property
      A company being a juristic person, can acquire, own, enjoy and alienate, property in its own name. No shareholder can make any claim upon the property of the company so long as the company is a going concern.

    Minimum Requirements For Public Limited Company Registration

    Minimum 7 Shareholders & 3 directors
    DSC  for 7 of the Shareholders
    DIN (Director Identification Number) for 3 Directors
    The directors and shareholders can be same person
    Minimum Authorised Share Capital Rs. 500,000

    Procedure For Public Limited Company Registration

    Documents Required For Public Limited Company Registration

    Identity and Address Proof:
    Identity and the address proof will be needed for all the directors and the shareholders of the company to be incorporated. In case of an Indian national, PAN card is mandatory. For the foreign nationals, apostilled or notarised copy of the passport has to be submitted mandatorily. All documents submitted should be valid. The residence proof documents like the bank statement or the electricity bill must be less than 2 months old.

    Registered Office Proof:
    All companies should have a registered office in India (Section 12 of the Companies Act). To prove admittance to the registered office, a recent copy of electricity bill or gas bill or water bill or telephone bill must be submitted. Along with the rental agreement, utility bill or the sale deed and a letter from the landlord with her/ his consent to use the office as a registered office of the company should be submitted.

    List of documents to be submitted by the Director and the Shareholders:
    Scanned copy of PAN Card or Passport (Foreign Nationals & NRIs)
    Scanned copy of Voter’s ID/Passport/Driver’s License
    Scanned copy of Latest Bank Statement/Telephone or Mobile Bill/Electricity or Gas Bill
    Scanned passport-sized photograph
    Specimen signature (blank document with signature [directors only])
    Note: Any one of the directors must self-attest the first three documents. In case of foreign nationals and NRIs, all the documents must be notarised (if currently in India or a non-Commonwealth country) or apostilled (if in a Commonwealth country).

    For the Registered Office:
    Scanned copy of Latest Telephone or Electricity or Gas Bill or Water bill
    Scanned copy of Notarized Rental Agreement in English
    Scanned copy of No-objection Certificate from property owner
    Scanned copy of Sale Deed/Property Deed in English (in case of owned property)
    Note: Your registered office need not be a commercial space; it can be your residence, too.

    What are factors one should consider in selecting the public limited company name

    The name of the company is very important. It is considered the first impression for the suppliers, buyers and the stakeholders. It must, therefore, be suggestive, relevant and attractive. There are various factors that one must keep in mind while naming the company.

    It must be short & simple:
    The name must be concise and not be too long. People should be able to say it easily and they should be able to recollect your company’s name the first time they read it or hear it.

    It must be meaningful:
    The name of the company should be related to the business. It must fit the company’s branding.

    It must be unique:
    The name of the company mustn’t be the same or identical to an already existing company or a trademark. One must preferably avoid the plural version.

    Add Suffix:
    The name of the company must end with the suffix “Private Ltd” in a case of a Private limited company and “LLP” in case of a limited liability partnership.

    It shouldn’t be illegal / offensive:
    The name of the company shouldn’t be against the law. It shouldn’t be abusive or against customs and the beliefs of any religion.

    GOT QUESTIONS? GET A FREE CONSULTATION

    Compare Your Options

    Basic

    19998*
    • Public Limited Company Registration
    • ROC Filling

    Standard

    32998*
    • Public Limited Company Registration
    • Public Limited Annual Compliance

    Deluxe

    20997*
    • Public Limited Company Registration
    • Professional Tax Registration
    • GST Registration

    Popular

    22496*
    • Public Limited Company Registration
    • Professional Tax Registration
    • GST Registration
    • Trademark Registration

    Ultimate

    27495*
    • Public Limited Company Registration
    • Professional Tax Registration
    • GST Registration
    • Trademark Registration
    • ISO Certification

    *Consultancy fees
    (government fees will be on actual)

    FAQ

    A Public Limited Company must have a minimum of three Directors and seven shareholders.

    If you have all the documents in order, it will take no longer than 7-12 days. However, this is dependent on the workload of the registrar.

    The director needs to be atleast 18 years of age. Any individual can become the member of the Public limited company including foreigners/NRI’s.
    No, you do not have to be present at our office or appear at any office for the registration of a Public 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

    Yes, a salaried person can become the director in a public limited. One needs to check the employment agreement if that allows for such provisions. In a lot of cases, the employers are quite comfortable with the fact that their employee is a director in another company.

    Registrationarena can incorporate a Public Limited Company in 7- 12 days. The time taken also depends on the relevant documents provided by the applicant and the speed of approvals from the government. To ensure a speedy registration, kindly pick a unique name as the proposed Company name and also ensure that you have all the required documents prior to the starting of the registration process.

    Yes, one can register public company at their residential address. One requires to submit the utility bill copy of the same.
    A limited company must hold a Board Meeting at least once in every 3 months. In addition to the Board Meetings, an Annual General Meeting must be conducted by the Limited Company, at least once every year.

    What People Say About Us

    “We are associated with your team for last 4 years and we had an amazing experience with your team. Every single time our work has been completed within the given time line.Also the quality of service is excellent.Thanks”

    Rajendra Chaudhari • Senior Partner • Forgewell Industries

    “It was wonderful experience with Registration Arena during my company registration.Queries were addressed instantly through mails, phone calls; and the follow-up was just fantastic.Within a week of time my private limited was registered.There was no requirement of follow up at all.Also got instant help for opening bank account.Great work team Registrationarena ,would be more than happy to be associated with you guys in future.”

    Gaurav Waidande • Director • Koncinnity Solutions Private Limited

    “Fantastic service quality team.Really impressed with the working style of your company .
    I would definitely recommend your services to everyone looking for ISO Certification.
    Truly satisfied!”

    Akshay Gawade• Director • Loconest India Private Limited

    “I am really impressed with the kind of support your company  provides.Any question ,any doubts, and you will have complete clarity .Team Registration Arena has crossed all leaps and barriers in order to gain my confidence.I would definitely recommend your services.”

    Shreya Gupta • CEO & Founder • Imperial Rubber Products

    Our Clients

    Why Registration Arena

    On Time Delivery

    Just tell us a few details about your brand and we’ll process your application. In three working days, you’ll be ready to use the symbol alongside your brand name.

    Transparent Pricing

    We make your interaction with government as smooth as is possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.

    Tech Driven Platform

    Our team of experienced business advisors are a phone call away, should you have any queries about the process. But we’ll try to ensure that your doubts are cleared before they even arise.

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