Public Limited Company Registration

Get your Public Limited Company registration in 25-30 days

Rs.19,999/- Only

Govt.Fees + Taxes Extra

Features

  • Widely used format for Business setup with Limited Liability
  • Ideal for large investments
  • Stock exchange listing possible by following compliances
  • Easy Compliance management from Taxoutlook

What's Included

  • Preliminary consulting on Business setup
  • Drafting of MOA and AOA
  • Company Registration
  • Digital signature Certificate(DSC) for two persons
  • PAN and TAN
  • GST registration
  • Certificate of incorporation and Share Certificates

Get Started

Your Public Limited Company With Tax Out Look

Registering a Company is quick, easy, and can be done online with Tax Out Look in 3 simple steps:

With Taxoutlook ,you are ready to takeoff in jus 3 steps

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We help you register your directors with the Ministry of Corporate Affairs (MCA).

Step 1

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We help you pick the right company name.

Step 2

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We draft and file the documents required for your company registration (MoA and AoA).

Step 3

Online Public Limited Company Registration in India

A Public limited company is the suitable business structure for setting up medium to large business in India. The Public limited companies are ideal for large investments or where the founders/promoters intend to raise capital from the public. The Public Limited companies are registered under the Companies Act, 2013 and regulated by Ministry of corporate affairs (MCA). The companies must end their name with the word “Limited” for differentiation with Private limited companies.

The advantage of a public limited company is that there is no limit on maximum number of shareholders like a private limited company (Maximum permitted 200) and ease of transfer of shares. Minimum of 7 shareholders and 3 directors is required to setup a public limited company. Also, it takes only 25-30 days to register a Public Limited company and the entire registration process is online based.

Public Limited company :

As per Section 2(71) of the Companies Act, 2013, Public limited company means any company is not a private limited company.

Some of the key characteristics of a Public Limited Company are as below

1. Limited Liability

The shareholders personal assets are not liable for company’s default. The liability of shareholders is limited to the extent of uncalled capital only.

2. Easy Transferability of Shares

The shares of a Public limited company are easily transferable. The shares are held in demat account. Where the shares are listed in the stock exchange, the shareholders find it easy to transfer the shares of the company.

3. Shareholders/Members

Shareholders are the owners of the company. Minimum shareholders required are 7 members and there in no maximum limit on number of shareholders. Simply, it’s unlimited.

4. Directors

Directors are appointed by the shareholders to govern the affairs of the company. Minimum directors required are 3 and maximum allowed is 15. At least one Director should be an Indian citizen.

5. Share capital

There is no requirement for Minimum share capital. However, as in any business startup, it is recommended to update a minimum share capital. There is no fixed amount and the minimum share capital is shareholder’s choice.

Benefits of Public Limited Company Registration in India

1. Separate Legal Entity

A Public limited company is a separate legal entity distinct from the members/shareholders of the company. It is an artificial juridical person capable of entering in to contracts and conduct business in its own name.

2. Perpetual Existence

A Public limited company has perpetual existence .i.e. lifelong existence. It is separate legal entity distinct from shareholders and directors. Any death, retirement of shareholders, directors does not affect the continuity of Public limited company.

3. Limited Liability

The liability of the shareholders of the Public limited company are limited to their shares only. In the event of any financial default, the shareholders personal assets are not liable.

4. Business Credibility and Brand Value

Being registered as a Public limited company, it instantly improves the brand position and credibility. Also, further listing of the company shares in the Stock Exchange enhance its brand image.

5. Fund Raising Opportunities

In addition to issue of shares to public, it can also go for listing in the stock exchange for raising more and large funds in the form of Debt and Equity funds. Also, being a public Limited company, banks/ financial institutions prefer to lend to them,

6. Easy Transferability of Shares

The shares of a Public limited company are easily transferable. The shares are held in demat account. Where the shares are listed in the stock exchange, the shareholders find it easy to transfer the shares of the company.

What you get

  • Preliminary consulting on Company registration in India
  • Name Search and Approval
  • Drafting of MOA
  • DIN ( Director Identification Number) for 3 Directors
  • DSC ( Digital Signature Certificate) for 3 members
  • PAN and TAN
  • GST registration
  • Certificate of Incorporation and Share Certificates
  • Add on Services at extra cost ( optional)
  • Additional DIN’s and DSC’s can be availed at extra cost

Documents Checklist

1. KYC of the Members /proposed Directors

  • Proof of Identity – PAN , Passport ,Voter ID or Driving license
  • Proof of Address – Utility bills (Telephone, Mobile, electricity) or Bank Statement (latest 3 months statement with address)

2. Proof of Address of Registered office

  • In case of Rented – Notarized Rental agreement and Utility bills( Electricity, property tax, water, Gas bill)
  • In case of Own Premises- Proof of Ownership like sale deed

3. No Objection Certificate (NOC) from landlord or owner of the premises for using the said premises as Registered office of the Company

4. Registered Office – Please note that registered office of the Company need not be a commercial property. It may be a residential property as well.

Note 1: All Documents need to be self-attested by the Members/Proposed directors respectively and need to be scanned clearly and legibly.

Company Registration Process

Our compliance expert will be in touch with for the documents. Once you share these documents, we will complete the below process.

  • Apply for DSC (Digital Signature Certificate).
  • Apply for DIN (Director Identification Number) for the proposed Directors.
  • Name Approval- You have to give us two names in the order of priority. The proposed names should not infringe on any trademark and should be unique and within the MCA guidelines.
  • Drafting and Submission of MOA and AOA.
  • Registrar of Companies (RoC) issues Certificate of Incorporation.

You don’t have to worry about the above process as our Compliance experts will help you in getting the company registration smoothly, quickly and hassle-free.

Glossary of Terms

Share

A share represents a unit of the ownership in a company. In other words, if you are a shareholder of a company, you hold a percentage of ownership of the said company in proportion to share you have subscribed or bought.

Shareholders/Members

Every person holding a share certificate is called a shareholder/member of the company. The shareholder’s name is entered in the Register of members maintained by the Public Limited company

Memorandum of Association

Memorandum of Association is the Charter/Constitution of the company. It defines the objects of the company both primary objects and incidental objects for which the company is formed. It also includes details related to Capital, Name, Registered office, Authorised capital, Liability clause. The shareholders approve and sign the MOA on Incorporation which is called subscribing to MOA.

Articles of Association

Articles of Association are bye laws of the company that govern the internal management and conduct of the business of the company. AOA is part of the MOA and is governed by the MOA of the company. It regulates the relationship between the company and its shareholders, as well as between the shareholders itself.

Share capital

Share capital refers to the amount invested in the company for carrying its stated operations.

Authorised Share capital

It is the Maximum amount of capital for which shares can be issued to its shareholders. It is mentioned in the MOA under Capital clause.

Paid-up capital

It is the actual amount of Shares issued to its shareholders and the money has been received from the shareholders. Paid up share capital is the subset of Authorised capital

Director Identification Number

A DIN is a unique identification number allotted to an Individual who is appointed as Director of a company.

Company Identification number

A Company Identification number (CIN) is a 21 digit alphanumeric unique number assigned by the Registrar of Companies (ROC) for every company registered in India. Every company has to mandatorily mention the CIN in their business correspondences and official publications.

Digital Signature Certificate

Digital Signing Certificates (DSC) are the digital equivalent to physical identification certificates such as driver license, passport or membership card. Just like the physical certificates serve as proof of identity of an individual for a certain purpose .A digital certificate can be presented electronically to prove one′s identity and sign certain documents digitally.

Share Certificate

Share certificate is issued by the Company on allotment of shares. It evidences the title of the person to such shares. It has to be issued within 2 months from the date of incorporation.

FAQs on Public Limited Company Registration in just 7 Days

The general time taken to complete the registration process and get the Incorporation certificate is around 15- 20 days on receipt of all documents. This is subject to time taken by ROC to process the applications.

The suitability of Public limited company for your business depends on the nature of business, size and expansion potential. Our Taxoutlook experts will assist you choosing the right model for your business.

Minimum of 7 persons are required to form a private limited company. No limit for maximum members.

Minimum 3 Directors and maximum 15 directors can be appointed in a Public limited company. Also, shareholders can be directors or a different person can also be appointed as directors of the company.

Any person of 18 Years age and holding a Director Identification Number (DIN) can become a Director.

Yes. DIN (Director Identification number) is must for Private limited company. If the person to be appointed as Director does not have DIN, the same has to be applied at the time filing incorporation forms.

You have to file Commencement of business declaration post incorporation within 180 days. Immediately after filing this form, you cans start the business.

All private limited companies have to file commencement of business declaration that the shareholders have paid the value of the shares subscribed and also, proof of registered office has to be submitted.

Name board and Letter head

The company shall mention the CIN ( Corporate Identification Number ), Reg. office details , Phone numbers, website and e-mail details in all its corporate communications and correspondences.

Appointment of Auditor

The company must appoint the auditor, a chartered accountant in practice within 30 days of incorporation

Issue of Share Certificates

The company must issue share certificates to all its shareholders within 2 months from the date of incorporation

Yes. Taxoutlook provides end to end Incorporation, accounting and audit, GST, Income tax filing services so that you don’t have to worry about the ticking all the compliances.

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One-Stop Solution

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We PARTNER with clients and provide continued support for your compliance needs with our dedicated in-house experts.

Accurate and Reliable

We ensure 100% accurate filings. This is made possible through our second level in-house audit team.

Customised

Every Client and work is different. We understand this perfectly, and therefore we follow a fit to purpose approach.

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Trust is our strength and with every client placing faith on us. We scale even greater heights together.

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