Public limited company Registration is the structure for those business people who maintain that should carry on with work for enormous scope. This organization appreciates many honors with additionally the element of restricted responsibility. There are numerous guidelines and compliances of the Public authority to begin any Private Limited Company. This organization can raise capital from general society by the issuance of offers.
Public Limited Company Registration in India can be started with at least three Directors who are people (up to 15 Directors without Exceptional Goals), and seven supporters (investors) who might be People or corporate substances. Both, the Directors include sorters who might be similar individuals. The Companies Act 2013 draws no base capital line, so the base capital could be Re 1 for every investor. A Public Limited Company has highlights like separate lawful element which empowers it to be unmistakable from its individuals and Directors. The individuals hold a restricted risk in the organization and can’t be held obligated past the offers held by them.
Public Limited Company Registration Online is started principally if the investors/financial backers are enormous in number. The portions of a public restricted organization can be moved easily and guarantee a reasonable construction for raising capital. Before starting enrollment in a public Company, one should know about additional severe administrative necessities when contrasted with other corporate element structures.
Benefits of Public Ltd Company in India
Here are the Benefits given to the Public Ltd Company in India
- Restricted liabilities for the investors of the Company
- Unending Progression
- Worked on the capital of the organization
- Acquiring Limit
- Fewer Risks
- Better open doors for the development and extension of the organization
What all Documents are Required for Public Limited Company Registration Online in India?
The list of Documents Required for Public Limited Company Registration Online are:
- Identity Proof such as Aadhar card, PAN card, Driving License, and Voter Id of all the designated directors and shareholders.
- Address Proof of all the proposed directors and shareholders of the company.
- PAN card details of all the directors and shareholders
- Utility bills such as telephone, gas, water, or electricity bill of the registered office as residential proof of the business place. It should not be older than 2 months.
- A NOC or No Objection Certificate from the landlord of the business place.
- DSC or Digital Signature Certificate of the designated directors
- Memorandum of Association (MOA) and Article of Association (AOA)
What are the minimum Requirements for a Public Limited Company Registration Online?
Minimum Requirements for a Public Limited Company Registration Online
- Minimum 7 shareholders
- At least 3 directors
- At least one resident director
- A registered business/office address
- A unique and valid name for the company
- Some amount of paid-up capital
What is the process of Public Limited Company Registration in India?
The Process of Public Limited Company Registration in India Includes the:
- Digital Signature Certificate (DSC)- Since the registration procedure of a company is entirely online, a digital signature will be required for filing the forms on the MCA portal. For all proposed directors as well as the subscribers of the memorandum and articles of association, DSC is compulsory.
- Director Identification Number (DIN)-It is an identification number concerning a director; it has to be procured by anyone who intends to become a director in a company. The DIN of a proposed director in addition to the name and address proof has to be mentioned in the company registration form.
- Registration on the MCA Portal- A completed SPICe+ form has to be submitted on the MCA portal to apply for company registration. To fill out the SPICe+ form and submit the required documents, the Director of a company needs to register on the MCA portal. After the registration process is completed, the director will get access to the MCA portal services which comprise filing e-forms as well as viewing public documents.
- Certificate of Incorporation-After the registration application is submitted along with the concerned documents, the Registrar of Companies will inspect the application. After the application is verified, he will issue the Certificate of Incorporation of the Public Company.
What are the Advantages of Public Limited Company Registration in India?
The advantages of Public Limited Company Registration in India are
- Separate Legal Entity
- Uninterrupted Existence
- Borrowing Capacity
- Easy Transferability
- Owing Property
- Limited Liability
Why Choose BiatConsultant as a Public Limited Company Registration Consultant?
Public Limited Registration in India is a simple process but it requires professional guidance. We at BiatConsultant help you to take a step forward in owning your company by providing you with a hassle-free process of company registration. Our team of experts will guide you.
Also Choosing Biatconsultant as a Public Limited Company Registration Consultant offer multiple advantages:
- Team of Experts CA and CS for smooth processing
- Multiple Happy Customers from all over India
- Dedicated Customer Support for all your Queries
- Dedicated Customer Support for all your Queries
- Smooth Online process without traveling anywhere
- Year of Experience and still counting.