Public Limited Company Registration

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Public Ltd Company Registration in India - Online Process, Fees, Documents Required

Public Limited Company is a type of company that can offer shares to the public and is suitable for larger businesses seeking capital from investors. It provides limited liability and separate legal entity status for its shareholders and directors. Public Limited Companies can be listed on stock exchanges, enhancing credibility and access to funds. Get to know the process, fees, and requirements of Public Ltd. registration.

What is a Public Limited Company?

A public limited company is a business entity that can invite the public to subscribe to its shares. It is incorporated under the Ministry of Corporate Affairs. This type of company offers limited liability to its shareholders and can trade shares publicly. It requires a minimum of 7 shareholders and 3 directors, with no upper limit on shareholders. Shareholders own the company, and directors manage it.

Incorporating a Public Limited Company is ideal for businesses aiming to raise capital from the public, achieve greater credibility, and facilitate expansion through stock market listing.

Benefits of Public Limited Company Registration

  • Improves Credibility: Public Company enhances credibility as a listed corporate entity.
  • Attract Funding: Raise capital by issuing shares to the public and listing on stock exchanges.
  • Foreign Investment: Attract foreign direct investment (FDI) under applicable routes.
  • Separate Legal Entity: The company is a separate legal entity, protecting personal assets.
  • Easy Exit Plan: Shares can be easily sold on the market for exit.
  • Limited Liability: Shareholders' liability is limited to their share investment.
  • Easy Transferability: Shares are freely transferable.

Public Limited Company Registration Process

  1. Step 1: Application for Digital Signature Certificate (DSC)
    Obtain DSC for directors and subscribers, involving document, video, and phone verification.
  2. Step 2: Application for the Name Availability
    Apply via SPICe+ RUN form, ensuring unique name compliant with regulations.
  3. Step 3: Filing of SPICe Form (INC-32)
    File details including company info, DIN application, PAN/TAN, declarations.
  4. Step 4: Filing of e-MoA (INC-33) and e-AoA (INC-34)
    Draft and file Memorandum and Articles of Association.
  5. Step 5: Issuance of PAN, TAN & Certificate of Incorporation
    Receive certificates and open bank account.

Register your Public Limited Company Online with Legal Papers India

The process of registering your company as a Public Limited Company involves various compliances. Our experts can simplify it for you. Register online in easy steps:

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Documents Required for Registration of Public Limited Company

In order to register your public limited company in India, you need to provide proper identity and address proof. These documents are required for directors and shareholders of the company which will be submitted to the Ministry of Corporate Affairs (MCA) portal.

Identity and Address Proof of Directors & Shareholders

  • Passport size photographs of the directors
  • Copy of Aadhar Card
  • Copy of Driving License or Voter ID
  • Copy of PAN Card
  • Copy of bank statement or utility bill (not older than two months)
  • Copy of Passport (in case of foreign national or NRI)

Address Proof of Registered Office

  • Copy of electricity or any other utility bill (not older than two months)
  • Rent agreement (if rented)
  • No Objection Certificate (NOC) from the owner of the property

Note: It is not mandatory to own a commercial business premise for incorporation. One can use their home address proof for registration of the company.

Post-Incorporation Documents You Receive

  • Certificate of Incorporation
  • Permanent Account Number (PAN) of the company
  • Tax Deduction or Collection Account Number (TAN) of the company
  • Articles of Association (AoA)
  • Memorandum of Association (MoA)
  • Director Identification Number (DIN)
  • Digital Signature Certificate (DSC)
  • EPF and ESIC registration documents
  • Company Master data

Comparison

Feature Limited Liability Partnership Partnership Firm Proprietorship Firm Public Limited Company One Person Company
Act Limited Liability Partnership Act, 2008 Indian Partnership Act, 1932 No specified Act Companies Act, 2013 Companies Act, 2013
Registration Requirement Mandatory Optional No Mandatory Mandatory
Number of Members 2 – Unlimited 2 – 50 Only 1 7 – Unlimited Only 1
Number of Director/Partner 2 – Unlimited 2 – Unlimited Only 1 3 – 15 Only 1
Separate Legal Entity Yes No No Yes Yes
Liability Protection Limited Unlimited Unlimited Limited Limited
Statutory Audit Dependent Not mandatory Not mandatory Mandatory Mandatory
Ownership Transferability Yes No No Yes No
Uninterrupted Existence Yes No No Yes Yes
Foreign Participation Allowed Not Allowed Not Allowed Allowed Not Allowed
Tax Rates High High Low Moderate Moderate
Statutory Compliance Moderate Less Less High Moderate

Packages

Basic

₹5999
Plus taxes
  • Company Name Approval
  • Certificate of Incorporation
  • Current Bank Account*
  • PAN
  • TAN
  • 2 DIN
  • eMOA
  • eAOA
  • (2 Indian Directors, 2 Shareholders and Authorised Capital of Rs. 1,00,000)
LET'S START

Premium

₹11999
Plus taxes
  • Company Name Approval
  • Certificate of Incorporation
  • Commencement of Business
  • Current Bank Account*
  • PAN
  • TAN
  • 2 DIN
  • eMOA
  • eAOA
  • PF Registration
  • ESI Registration
  • GST Registration
  • GST Invoice Software
  • Documentation Kit
  • Website**
  • Online Payment Gateway
  • (2 Indian Directors, 2 Shareholders, and Authorised Capital of Rs. 1,00,000)
LET'S START

Frequently Asked Questions (FAQ)

You can register your public limited company by fulfilling the requirements as per the Companies Act, 2013, including obtaining DSC, DIN, name approval, and filing incorporation forms.

Provide identity and address proofs for directors and shareholders, along with registered office proofs. Residential address can be used if no commercial space.

No, GST is not mandatory but depends on turnover and business activities.

There is no minimum authorized capital requirement, but practically, it's based on business needs.

Public Ltd is better for large-scale funding and public listing, while Private Ltd suits smaller, closely-held businesses.

Yes, a Private Limited Company can be converted to Public Limited by following the procedure under Companies Act.