Public Limited Registration

Public limited company is most popular, transparent and well recognized business structure. Mostly, Corporate Customers, Vendors and Govt. Agencies select to contract with Public Limited Companies apart from proprietorship or normal partnerships. Company must have minimum 7 shareholders and minimum 3 directors in which one of the directors must be Indian resident. In order to register public limited registration, minimum authorized share capital Rs. 5 lacs are required. Unlike other partnership or private limited company, easy transfer of shares available in case of exit from the company. Only shares need to be transferred to the buyer along with the executed transfer forms.

It is suitable for the business interested in heavy investment. One of the benefits of Private limited company is that they can easily enrol themselves in various stock exchanges and raise their funds in stock market. Private limited company have various possibilities in which they can raise their funds through loans from bank, general public and other investors. Same as private limited registration, a foreign national has the right to become director of private limited company. After registration of the company, the company must add Private limited with the name of the company for its identity. Public limited company can only be identified with their names suffix, company share, formation and no. of members and directors. Get your company registered in easily online 8in just 2 weeks with the required documents.

Benefits

  • In case of any business debt, Shareholders are not liable to pay off by their own personal assets.
  • Legal existence of entity even after the absence of any shareholder
  • Public company can raise the funds in any mode even through public at a large
  • Maintenance of details and reports causes business transparency and results in awareness of accurate information of the company

Documents Required for Public Limited Registration

Director's Documents
  • Photo
  • PAN
  • Aadhar Card
  • Mobile No & Email Id
  • Highest Qualification
  • Place of Birth
Proprietor's Documents
  • Latest Electricity Bill of Business Address.
  • Rent Agreement of Business Address, If Rented
  • No Objection Certificate (NOC).
Other Information
  • Proposed Business Name.
  • Capital Contribution Amount
  • Shareholding Ratio
  • List of top 5 Business Products/Services