Public Limited Company Incorporation
Prices Starting from INR 13999/- only.
Timeline – 5 Working days
(No Hidden Cost)
Wish your stocks to be easily traded in the public? Then Public Limited Company is the right choice for you.
A “Public Company” is a limited company established with a minimum of 3 Directors and 7 members. There is no limit for the maximum number of members in a Public Company.
Public Limited Company incorporation in India can be commenced with a minimum of 3 Directors who are individuals (it can have up to a maximum of 15 directors without any special resolution), and 7 subscribers (stockholders) who may be Individuals or business entities. Together, the directors and subscribers may or may not be a similar person. A Public Limited Company has features like a separate legal body that allows it to be separate from its directors and members. The members hold a limited liability in the company and cannot be held liable beyond the shares held by them. The Companies Act 2013 does not fix any minimum capital limit, so the minimum limit remains Nil.
A Public Limited Company can either be a listed or unlisted company on the Stock Exchange. Public Limited Company also relishes wide choices to raise funds over bank loans, from the common public and from recognised investors.
A Public Limited Company has numerous benefits over Private Limited Company and the potential to have any number of members, shares can be easily transferred and more transparency makes it popular among foreign investors. If you have any idea to raise funds from the public through Initial Public Offer (IPO) then start your business by registering Public Limited Company.
Normally, companies that require huge capital funds choose to be incorporated as a Public Limited Company.
Minimum Requirements
- Minimum 7 members
- 3 Directors
- Maximum no limit of members
- Subscriber member – Directors as well as Shareholders
- Director – DIN (Director Identification Number)
- Registered Office – validity registered office proof
- DSC – Digital Signature Certificate
- Subscribed Capital – Minimum 5 lakh
- Nidhi company cannot issue preference shares , debentures
Documents Required
- Pan card of individual
- Voter ID / Driving License / Passport for identity proof
- Latest Bank Statement / Telephone Bill / Mobile Bill / Electricity Bill for Address proof
- At least two company name is required for Run form name approval
- Rent agreement along with telephone bill / EB bill / Gas bill is required for company registered office proof
- For signing of the form E-MOA, E-AOA and spice form Digital signature is required
- Digital Signature is Required
- NOC from landlord
SILVER
.
– 7 CLASS 2 DIGITAL SIGNATURE
– 3 Director Identification Number
– Incorporation Fee
– Incorporation certificate
– PAN & TAN Certificate
– GST Registration
– Commencement of Business Certificate
– Stamp Duty
.
₹ 13999/-
(All Inclusive)
GOLD
.
– 7 CLASS 2 DIGITAL SIGNATURE
– 3 Director Identification Number
– Free Stamp Duty
– Incorporation Certificate
– PAN & TAN Certificate
– GST Registration
– One Month Gst Returns
– One Month Accounting
– Commencement of business Certificate
– MSME Registration
– First Year Income Tax Return Filling
.
₹ 23999/-
(All Inclusive)
PLATINUM
.
– 7 CLASS 2 DIGITAL SIGNATURE
– 3 Director Identification Number
– Free Stamp Duty
– Incorporation Certificate
– PAN & TAN Certificate
– GST Registration
– One Year GST Returns
– One Year Accounting
– MSME Registration
– Commencement of Business Certificate
– First Year Income Tax Return Filling
– Company Annual Return Filling
– Free Website Designing
.
₹ 28999/-
(All Inclusive)
1Obtain DSC
2Reserve Your Company Name
3Submission of MOA & AOA
4Get Company’s Incorporation Certificate
5Get Company’s PAN & TAN
6Bank Account Opening
You will be having very simple documents of director like PAN Card, photograph, and one address proof. For more details, please fill the above details or Call Us.
No. After the company is incorporated, it will be effective till it is formally winded up by the owners.
No, a Public Limited Company is one of the modes of operating business, which means it can be started from scratch.
No, the share capital can be deposited within 60 days from the date of company registration. It should be deposited in the company bank account.
To incorporate a Public Limited Company you need to have a minimum of three directors and seven stockholders.
A Public Limited Company needs to conduct a Board Meeting at least once every three months. In addition to the Board Meetings, an Annual General Meeting (AGM) must be led by the Public Limited Company, at least once a year.
- SPICE – INC-32: Statutory declaration must be filed during the incorporation of a company, authorising the compliance of legal requests under the Companies Act for incorporation of a new company. The form will also contain the first director’s particulars and registered office of the company.
- INC-33 e-MOA – E-Memorandum of Association of the organisation.
- INC-34 e-AOA – E-Articles of Association of the organisation.
Registrar of Company (ROC) is a Government office with whom companies get incorporated. All the States has one ROC office excluding Maharashtra and Tamil Nadu where there are two Registrar of Company (ROC) offices.
There is no automatic applicability. Provident Fund (PF), Employees State Insurance (ESI) & GST law applicability is similar for all forms of businesses.
SPICE means Simplified Proforma for Incorporating Company Electronically which offers a single window for multiple applications under a single form.
In case, if you already have a digital signature (DSC) and Director Identification Number (DIN), our experts will offer you some discount accordingly on the above plan.
An individual should be at least 18+ years of age; any individual can become the member of the Public Limited Company including NRI’s / foreigners.
There is absolutely no other charge. We will raise you an invoice, with no hidden cost.
Yes, an NRI or Foreign National can become a Director of a Public Limited Company once he/she obtains Director Identification Number (DIN). But, at least one Director on the Board of Directors is essential to be an India Resident.