Public Limited Registration

Public limited companies are the 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 a minimum of 7 shareholders and a minimum of 3 directors in which one of the directors must be an Indian resident. In order to register public limited registration, minimum authorized share capital Rs. 5 lacs are required. Unlike other partnership or private limited companies, easy transfer of shares is 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 businesses interested in heavy investment. One of the benefits of Private limited companies is that they can easily enroll themselves in various stock exchanges and raise their funds in the stock market. Private limited companies have various possibilities in which they can raise their funds through loans from banks, the general public and other investors. Same as private limited registration, a foreign national has the right to become director of a 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 companies can only be identified with their names suffix, company share, formation and no. of members and directors. Get your company registered easily online 8in just 2 weeks with the required documents. 

Benefits

  • In case of any business debt, Shareholders are not liable to pay off 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

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