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Public Limited Company
Public Limited Companies are those types of companies where minimum number of members is 7 and no restriction on maximum number. A public limited company has the limited liability of members. Being a public limited company, it allows to sell shares to investors, which is beneficial in capital raising.
It has all the advantages of partnership namely flexibility, greater capital combination of different and diversified abilities, etc., and at the same time it has advantages of limited liability, greatest stability and legal entity. Public Limited company also enjoys wide options to raise funds through bank loans, the general public, and Institutional investors.
ComplianceIndia can be your legal and professional partner in India to help you understand how to register Public Limited Company in India quickly and cost-effectively.
Advantages of Public Limited Company
Shareholders Limited Liability
Separate Legal Identity
Easy to raise funds and loans
Most credible
Listing in Stock Exchange
Scope for expansion
Ideal for companies intending to float IPO
Easy Transferability of Shares
Eligibility to form a Public Limited Company
– Minimum Three (03) directors
– Minimum Seven (07) Shareholders and Maximum no limit. Shareholders can be either different from Directors or same.
– Unique Name is required.
– Minimum Authorised Capital of Rs. 5,00,000/-
How we Work?
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Packages
Consultation Charges
Nil
Complete assistance by Experts or Professionals indicating Process, Documents required, Benefits, Tax compliance, Legal Compliance, etc.
Start-up Plan
Rs. 11,999/-
- – Registration of your Public Limited Company with MCA
- – Company MOA and AOA
- – Allotment of DIN of Directors (upto 3)
- – PAN and TAN Registration
- – Expert advice from Experts/ Legal Professionals
Basic Plans
Rs. 19,999/-
- – Registration of your Public Limited Company with MCA
- – Company MOA and AOA
- – Allotment of DIN of Directors (upto 3)
- – PAN and TAN Registration
- – GST Registration
- – Board Minutes of First year on Incorporation
- – Legal Drafting of consent letter and Appointment of First Auditor
- – Expert advice from Experts/ Legal Professionals
Advance Plan
Rs. 24,999/-
- – Registration of your Public Limited Company with MCA
- – Company MOA and AOA
- – Allotment of DIN of Directors (upto 3)
- – PAN and TAN Registration
- – GST Registration
- – Current Account Opening in your nearest Branch
- – Board Minutes of First year on Incorporation
- – Legal Drafting of documents
- – Appointment of First Auditor
- – DIR-3 KYC filing for one year
- – MCA Annual Filing of Form AOC-4/ AOC-4 XBRL and MGT-7 for first year
- – Expert advice from Experts/ Legal Professionals
Ultimate Plan
From Rs. 29,999/-
- – Registration of your Public Limited Company with MCA
- – Trademark Application
- – Company MOA and AOA
- – Allotment of DIN of Directors (upto 3)
- – PAN and TAN Registration
- – GST Registration
- – Current Account Opening in your nearest Branch
- – Board Minutes of First year on Incorporation
- – Legal Drafting of documents
- – Appointment of First Auditor
- – DIR-3 KYC filing for one year
- – MCA Annual Filing of Form AOC-4/ AOC-4 XBRL and MGT-7 for first year
- – Income Tax Return filing of Company and 3 Directors
- – Financial Statements preparation
- – GST Return filing for 12 months
- – Expert advice from Experts/ Legal Professionals
Documents Required for Public Limited Company Registration
Note – In case of Foreign Nationals or NRIs, all documents need to be notarised and apostilled from the Country where the Foreign Nationals or NRI is presently residing or by the Indian Embassy in the Country where such person is presently residing.
Comparison with other forms of Business
Form of Business | Public Limited Company | Private Limited Company | One Person Company |
Act | Companies Act, 2013 | Companies Act, 2013 | Companies Act, 2013 |
Registration Requirement | Mandatory | Mandatory | Mandatory |
Minimum Number of members | 7 | 2 | Only 1 |
Maximum Number of Members | No Limit | 200 | – |
Number of Directors/Partners | Minimum 3 – Maximum – No Limit | 2 – 15 | 1 – 15 |
Separate Legal Entity | Yes | Yes | Yes |
Liability Protection | Limited | Limited | Limited |
Public Invitations | Yes | No | No |
Issue of Prospectus | Required | Not Required | Not Required |
IPO / FPO | Yes | No | No |
Statutory Audit | Mandatory | Mandatory | Mandatory |
Listing in Stock Exchange | Allowed | Not Allowed | Not Allowed |
Ownership Transfer ability | Yes | Restricted | No |
Uninterrupted Existence | Yes | Yes | Yes |
Foreign Participation | Allowed | Allowed | Not Allowed |
Tax Rates | High | Moderate | Moderate |
Statutory Compliance | High | High | Moderate |
GET STARTED | KNOW MORE | KNOW MORE |
Frequently Asked Questions
1. How many people are required to incorporate a Limited Company?
To incorporate a Limited Company, a minimum of seven people are required. A Limited Company must have a minimum of three Directors and seven shareholders.
OUR SERVICES
Private Limited Company Incorporation
₹2,999/-
Looking to Start a Company in India? Contact us for complete solutions to your needs…
Get Started NowOne Person Company Incorporation
₹2,999/-
Looking to Start a One Person Co. in India? Contact us for complete solutions to your needs…
Get Started NowLimited Liability Partnership Registration
₹2,999/-
Looking to Start aLLP in India? Contact us for complete solutions to your needs…
Get Started NowIndian Subsidiary Company Registration
₹9,999/-
Looking to Start a Subsidiary Co. in India? Contact us for complete solutions to your needs…
Get Started NowTrademark Registration
₹4,999/-
Complete Solutions for Trademark Registration, Opposition, Reply, Renewal etc…
Get Started NowGST Registration
₹999/-
Complete Solutions for GST Registration, Modification, Queries for all GST matters…
Get Started NowGST Return Filing
₹499/-
ST Return Filing Solutions, NIL GST Return Filing, GST LUT Filing, GST E-Way Bill, Reply to GST Notice…
Get Started NowAccounting and Tax Services
₹499/-
Complete Solutions for Tax, Payroll, TDS, Income Tax for Individual and Company etc…
Get Started NowPrivate Limited Annual Compliances
₹2,999/-
Solutions for all yearly and event based compliance requirements related to your Company and Directors...
Get Started NowOne Person Company Annual Compliances
₹2,999/-
Solutions for all yearly and event based compliance requirements related to your Company and Director...
Get Started NowLLP Annual Compliances
₹2,999/-
Solutions for all yearly and event based compliance requirements related to your LLP and Partners...
Get Started NowXBRL Conversion and Filing Services
₹5,000/-
Get your XBRL financials ready for filing with MCA, BSE, NSE etc...
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