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Public Limited Company Registration

Get Public Limited Company registered here in Startup India 4U with the help of our specialists.

Documents Required

Proof of address of all the directors and the shareholders.

Proof of identity of all the shareholders and directors.

PAN number of all the shareholders and directors.

Utility bill of the proposed office i.e. proposed registered office for the company.

A No Objection Certificate from the landlord where the office of the company will be situated.

DIN and DSC of all the Directors

MOA & AOA

Benefits of Public Limited Company Registration

Separate Legal entity

A public limited Company is considered to be a separate legal entity from the shareholders. The public limited company has a perpetual existence and can have its PAN, bank account, approvals, contracts, licenses, assets, and liabilities

Multiple avenues of funding

A public limited company raises funds from individuals as well as from financial institutions. The funds may be also raised in equity shareholding, preference shareholding, or debentures.

Easy transferability of shares

It is one of the biggest advantages , the shares can be easily transferred by a shareholder to other legal entities- be it an individual or an organization in India or abroad. The director of the company can also be changed for ensuring the business's perpetuity.

Limited Liability

The shareholders of a Public Limited Company are given limited liability protection. In a situation of unexpected liability, the same would be limited only to the company and not affect the shareholders in any way.

Management

The organization is controlled by the Board of Directors. This Board of Directors is elected by the investors.

Requirements for Registering a Public Limited Company

Minimum of 7 shareholders are required to form a Public Limited Company.

A minimum of 3 Directors is required to form a Public Limited Company.

Application is to be made for the selection of the Name of the Company.

DIN for the Directors is necessary.

A minimum share capital of Rs.5 lakh is required.

Application is to be made for the selection of the Name of the Company.

An application that comprises the main object clause of the company is made. This object clause will define the main objectives of a Company after the incorporation.

The application is submitted to the ROC along with the necessary documents like MOA, AOA, a duly filled form DIR-12, Form INC 7, and Form INC -22 is needed.

Once the ROC has been approved the company should apply for the business commencement certificate.

Payment of the registration fees that are prescribed by the ROC.