Public Limited Company Registration in India
In the grand scheme of running a business or incepting a start-up, raising funds for operation is always the most challenging job. Alternatively, one can use one’s own fund for the same but the risks are too great to be good. In such situations when you face the worst challenges of finance, registering your business as a public limited company is the best option you have. This will help you raise the required financial support using the medium of shares and equities easily from the public. But that is a complex and nuanced process to carry out and we are the most trusted name for public limited company registration in India.
Public Limited Company—What Does it Mean to You?
Requirements to Start a Public Limited Company
Unique Name: The business must have a unique name not same or similar to any existing names and the word Limited must be prefixed at the end of the name.
Capital Requirements: In order to be registered as a public limited company, the business must have the minimum paid-up capital of Rs. 500,000.
Minimum No. of Persons: A company must have a minimum of 7 persons with at least 3 directors and 5 shareholders to be registered as a public limited company.
One Indian Director: Any one of the directors of the company must be a resident of India.
- PAN card of Directors
- Address Proof of Directors (Passbook, Utility Bills etc.)
- Identity Proof of Directors (For example voting card, Licence, Passport)
- One Color Photograph of Directors
- Office Address Proof
- Minimum 5 Shareholders
- Minimum 2 Directors
- The directors and shareholders can be the same person
- DIN (Director Identification Number) for all the Directors
- DSC (Digital Signature Certificate) for all Directors.
- Minimum 5 lack capital required
What You Get ?
- Director Identification No (DIN)
- Digital Signature (DSC)
- Name Approval Certificate
- Memorandum of Association (MOA)
- Articles of Association (AOA)
- Certificate of Incorporation
- Company PAN
- Current Bank Account Opening Assistance
- GST Registration
Advantages of a Public Limited Company
Long Time Presence
A Public Limited Company has an uninterrupted existence. Means a public company is a separate legal entity and cannot be affected by death or non-existence of any member.
Public Limited Company itself is the owner of the company. That’s why no one can make any claim upon the property of the company.
Along with salary company also pay dividends to its shareholders and dividends have less tax deduction as compared to salary and this is the big advantage for shareholders.
Limited Liability is the biggest advantage of Public Limited Company. The shareholders and members have limited liability protection it means that only the assets of the business are at risk and not your personal accounts and property. Unlike Sole Proprietorship and Partnership Firm, in Public Limited Company you can limit the risk of personal assets.
Ease of Raising Funds
Funding is necessary for starting, maintaining, and growing a business. Public Limited Company can issue shares to the general public and have the ability to attract funding from any source.
In the company directors and shareholders have dual relationship means at the same time a person can be a shareholder, director, employee, client, supplier etc. of the company.
High Borrowing Power
A company can borrow funds through bank loans, investors, venture capital, brand funding and various wide options available for the company format.
The Public limited company is a separate entity means the liability of the directors are limited to their investment only for example public limited company registered by two directors and each of them have 2.5 lakh investment and because of some reason company have a liability of 10 lacs in that situation each director is liable for up to 2.5 lakh only. A private limited company has a separate entity will have a separate name separate location and separate PAN card also.
Why Choose US, the Best Name for Public Limited Company Registration India
Registering a company is one of the most important stages of making your dream of becoming an entrepreneur come true. However, that’s not an easy job at all. Since registering a company involves numerous paper works, legal conformities, and other complex legalities, one an established name in the business can help you with this. That’s where we can help you—we have been offering a plethora of highly affordable and top-notch services for public limited company registration in India. With our help, you can meet all your public limited company registration requirements quickly and without fail.
Over the years of our professional journey in the domain, we have always taken care of some of the most complex and stringent demands of clients seeking our expert help with public limited company registration in India. As we possess exceptional knowledge and understanding of various legalities, technical nuances and the plethora of paperwork that stay associated with registering a public limited company, we have become one of the most trusted names in the industry. With a team of highly trained, knowledgeable and expert professionals who know the ins and outs of the industry and the long registration procedures, we can take care of all your needs in no time. And we can do all that and provide our services for public limited company registration India at the most affordable rates.