Public Limited Company Registration
A public limited company is a popular way to start a larger business in India. It offers limited liability protection for shareholders and allows for the sale of shares to the general public through stock exchanges.
Overview
A Public Limited Company in India is a type of company that offers shares to the public and enjoys the benefit of limited liability. It allows for more capital through public investment and is ideal for businesses planning large-scale operations. Public Limited Companies are governed by the Companies Act, 2013, and must adhere to strict regulatory requirements. These companies can list their shares on stock exchanges, making it easier to raise funds from the public.
At BookmyLLC, we provide expert assistance for registering a Public Limited Company, ensuring compliance with all legal requirements.
Our Services
- Name Approval Search
- CIN – Corporate Identity No.
- Certificate of Incorporation
- e-Pan & e-Tan Card
- AOA & MOA
- DIN – Director Identification Number
- Class-3 DSC – Digital Signature Certificate for 2 years of validity
- Fees (State Stamp Duty For 1 Lac Capital)
- ESI & PF Registration
- Current Account Opening Assistance
- GST Registration
- MSME Registration
- Monthly GST Return’s Filing Assistance
- Dedicated Manager
- Tax Planning & Preparation
How to Register a Public Limited Company Online?
- Choose a Unique Name: Select a unique name that is not already registered with the Registrar of Companies (RoC).
- Digital Signature Certificate (DSC): Directors need to obtain a DSC to sign forms electronically.
- Memorandum of Association (MoA) & Articles of Association (AoA): These documents define the company’s objectives and operational rules.
- File Incorporation Application: File the incorporation application (SPICe+ Form) along with necessary documents.
- Obtain DIN: Directors must obtain a Director Identification Number (DIN).
- Approval and Incorporation: Once verified by the RoC, a Certificate of Incorporation is issued.
- PAN & TAN: Along with the Certificate of Incorporation, PAN and TAN are issued for tax purposes.
- Bank Account: Open a business bank account to start operations.
Eligibility for Registering a Public Limited Company
- Minimum of 3 Directors and 7 Shareholders: A Public Limited Company must have at least 3 directors and 7 shareholders.
- Residential Requirement: At least one director must be an Indian resident.
- Capital Requirement: There is no minimum capital requirement, but a higher initial capital is recommended due to public investment.
- Unique Company Name: The name must not conflict with any existing companies or trademarks.
- Registered Office Address: A valid office address must be provided.
Benefits of a Public Limited Company
- Limited Liability Protection
Shareholders are only liable up to the amount they have invested, protecting personal assets from company debts. - Easy Access to Capital
A Public Limited Company can raise funds by offering shares to the public or by taking loans from financial institutions. - Listing on Stock Exchanges
Public Limited Companies can be listed on stock exchanges, providing access to the broader investor community. - Increased Credibility
The registration as a public entity enhances credibility and transparency, helping the company gain trust with investors and customers. - Perpetual Succession
As a separate legal entity, the company continues to exist even if the ownership changes. - Tax Benefits
Public Limited Companies can avail of several tax benefits, including deductions and exemptions as per the Indian Income Tax Act.
Public Limited Company Registration Process with BookmyLLC
Step 1: Obtain DSC and DIN
Directors must obtain Digital Signature Certificates (DSC) and DIN for completing the registration process.
Step 2: Name Reservation
We assist in choosing and reserving a unique name through the MCA’s SPICe+ system.
Step 3: Preparation of Incorporation Documents
Our experts draft the MoA and AoA, defining the company’s structure and operational guidelines.
Step 4: Filing of Incorporation Documents
The documents are submitted to the MCA along with the required forms and fees.
Step 5: Certificate of Incorporation
Once approved, the MCA issues a Certificate of Incorporation, and the company is assigned a CIN.
Step 6: Apply for PAN and TAN
After incorporation, we assist in obtaining PAN and TAN for tax purposes.
Step 7: Bank Account Assistance
We help you open a current bank account in the company’s name.
Step 8: GST Registration
If applicable, we assist with GST registration and ensure compliance with tax laws
Documents Required for Public Limited Company Registration
For Directors:
- Proof of Identification (Passport/ DL/ Voter ID)
- Latest Bank Statement (Not older than 3 months)
- Passport-sized photograph
- PAN & Aadhaar
- Email ID and Mobile number
For the Registered Office:
- Latest utility bill (not older than 2 months)
- NOC from the property owner
- Rental Agreement/Lease Deed (if applicable)
How we can help you?
- Expert Guidance: We provide personalized advice and support throughout the registration process, ensuring compliance with Indian corporate laws.
- Efficiency: Our process ensures timely registration, minimizing delays.
- Compliance with Corporate Laws: We ensure full adherence to all legal requirements.
- Post-Incorporation Services: Ongoing support for annual compliance, bookkeeping, tax filings, and more.
- Tailored Solutions: Customized registration and compliance solutions for your specific business needs.
- Local Expertise: Our team understands the nuances of Indian regulations and ensures full compliance.
- Live Process Updates: Stay informed with real-time updates.
- Affordable Pricing: We offer competitive, transparent pricing with no hidden costs.
Basic Package
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Name Search Availability
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Certificate of Incorporation
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eMOA & AOA
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e-Pan & e-Tan Card
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DIN No & DSC of of 2 Directors
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ESI & PF Registration
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Bank Account Assistance*
Standard Package
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Company Name Approval*
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Certificate of Incorporation
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eMOA & AOA
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e-Pan & e-Tan Card
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DIN No & DSC of of 2 Directors
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ESI & PF Registration
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GST & MSME Registration*
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Dedicated Manager*
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Bank Account Assistance*
Premium Package
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Company Name Approval *
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Certificate of Incorporation
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eMOA & AOA
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e-Pan & e-Tan Card
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DIN No & DSC of 2 Directors
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ESI & PF Registration
-
GST & MSME Registration*
-
Dedicated Manager*
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Bank Account Assistance*
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Website Designing***
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Dynamic Website Upto 7 Pages
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Social Media Integration
FAQs for Public Limited & Section 8 Company Registration
How long does it take to register?
Typically, 10-15 working days for both Public and Section 8 Companies, depending on approvals.
Is there a minimum capital requirement?
Public Limited Companies have no specific minimum capital, but a higher capital is recommended. Section 8 Companies do not have a minimum capital requirement.
Can a Section 8 Company distribute profits?
No, profits must be reinvested in the company’s objectives.
Can a Public Limited Company be listed on a stock exchange?
- Yes, Public Limited Companies can list their shares on stock exchanges.
What is the validity of the Certificate of Incorporation?
It is valid indefinitely as long as compliance requirements are met.