PUBLIC LIMITED COMPANY REGISTRATION
| Basic | Advance |
|---|---|
| ✔ Company Registration | ✔ Company Registration |
| ✔ GST Registration | ✔ GST Registration |
| ✔ Udyam Registration | ✔ Udyam Registration |
| ✔ Annual ROC Compliance | |
| ✔ Audit Work | |
| ✔ Book Keeping | |
| ✔ GST Returns | |
| ✔ Professional Consultancy |
Public Limited Company Registration
Welcome to Bharat Filing Point! Your One-Stop Solution for Public Limited Company Registration in India
Starting a business is exciting but can be overwhelming, especially when it comes to understanding the legal requirements and regulations in India. That’s where Bharat Filing Point comes in. We are dedicated to making the process of starting and maintaining a business in India as simple and efficient as possible.
Introduction to Public Limited Company Registration in India
A Public Limited Company (PLC) is a business structure that offers limited liability to its owners and allows them to raise capital from the public by issuing shares. This type of company is suitable for large businesses looking to expand and seek public investment.
What is Public Limited Company Registration in India?
Public Limited Company Registration involves the legal process of officially recognizing a business as a public limited entity. This includes adhering to statutory requirements, obtaining necessary licenses, and ensuring compliance with regulatory bodies.
Essential Licenses and Registrations for Public Limited Companies in India
Starting a PLC requires several licenses and registrations, including:
- Company Name Registration
- Director Identification Number (DIN)
- Digital Signature Certificate (DSC)
- Certificate of Incorporation
- Permanent Account Number (PAN) and Tax Account Number (TAN)
- GST Registration
Advantages of a Public Limited Company in India
- Access to Capital: Ability to raise funds from the public through the stock market.
- Limited Liability: Shareholders are only liable up to the amount they have invested.
- Enhanced Credibility: Higher trust and credibility among investors, clients, and stakeholders.
- Transferability of Shares: Easy transfer of shares increases liquidity for shareholders.
- Perpetual Succession: The company continues to exist even if ownership changes.
Disadvantages of a Public Limited Company in India
- Regulatory Scrutiny: Subject to strict regulatory norms and disclosure requirements.
- Higher Costs: Increased expenses due to compliance and administrative needs.
- Complexity: More complex structure and management compared to private companies.
Registering a Public Limited Company Online in India
Thanks to Bharat Filing Point, registering a public limited company online is straightforward and efficient. Our platform offers a user-friendly interface to guide you through every step of the registration process.
Importance of Registering a Public Limited Company
Registering your company as a PLC not only provides the benefits mentioned above but also ensures legal recognition and compliance with Indian laws, protecting your business and stakeholders.
Procedure for Public Limited Company Registration in India
- Obtain Digital Signature Certificate (DSC) for all proposed directors.
- Apply for Director Identification Number (DIN) for each director.
- Reserve Your Company Name with the Ministry of Corporate Affairs.
- Draft the Memorandum of Association (MOA) and Articles of Association (AOA).
- File Incorporation Forms along with MOA and AOA.
- Obtain Certificate of Incorporation from the Registrar of Companies.
- Apply for PAN and TAN for your new company.
- Open a Bank Account in the company’s name.
Compliance and Maintenance of a Public Limited Company in India
Ongoing compliance is crucial for a PLC. This includes maintaining statutory registers, filing annual returns, conducting regular board meetings, and adhering to auditing requirements.
Key Steps to Remember for Public Limited Company Registration in India
- Ensure all directors have their DSC and DIN.
- Reserve a unique company name.
- Prepare and file all necessary documents accurately.
- Stay updated with compliance and regulatory changes.
Eligibility Criteria for Public Limited Company Registration in India
- Minimum of 7 Shareholders.
- Minimum of 3 Directors.
- Registered Office Address in India.
- Capital Requirements as specified by the Ministry of Corporate Affairs.
Ready to Get Started?
Welcome to Bharat Filing Point! We are your one-stop solution for all your business setup and registration needs in India. At Bharat Filing Point, we understand the complexities of starting and running a business in India. That’s why we are dedicated to providing hassle-free and efficient services to help you navigate through the various legal requirements and regulations.
Do you have questions about how we can help your company? Send us an email and we’ll get in touch shortly.
Mail: info@bharatfilingpoint.com
Website: www.bharatfilingpoint.com
Join the thousands of satisfied customers who have found success with our user-friendly and efficient services. Start your business registration with Bharat Filing Point today and experience the convenience and reliability of India’s largest registration platform!
Proprietorship vs Partnership vs LLP vs Company (Pvt Ltd)
| FEATURES | PROPRIETORSHIP | PARTNERSHIP | LLP | COMPANY |
|---|---|---|---|---|
| Definition | Unregistered type of business entity managed by one single person | A formal agreement between two or more parties to manage and operate a business | A Limited Liability Partnership is a hybrid combination having features similar to a partnership firm and liabilities similar to a company. | Registered type of entity with limited liability to the owners and shareholders |
| Ownership | Sole Ownership | Min 2 Partners Max 50 Partners | Designated Partners | Min 2 Directors Min 2 Shareholders Max 15 Directors Max 200 Shareholders For One Person Company 1 Director 1 Nominee Director |
| Registration Time | 7-9 working days | 7-9 working days | 7-9 working days | 7-9 working days |
| Promoter Liability | Unlimited Liability | Unlimited Liability | Limited Liability | Limited Liability |
| Documentation | MSME, GST Registration | Partnership Deed | LLP Deed, Incorporation Certificate | MOA, AOA, Incorporation Certificate |
| Governance | - | Under Partnership Act | LLP Act, 2008 | Under Companies Act,2013 |
| Transferability | Non Transferable | Transferable if registered under ROF | Transferable | Transferable |
| Compliance Requirements | Income tax filing if turnover is more than Rs.2.5 lakhs | ITR 5 | Form 11, Form 8, ITR 5 | ITR 6, MCA filing, Auditor'sappointment |
Documents Required for Public Limited Company Registration in India
For the registration of a Public Limited Company in India, a comprehensive set of documents is required to fulfill the legal formalities and ensure compliance with the Companies Act, 2013. The documents can be broadly categorized into documents required from directors and shareholders, documents for the registered office, and legal documents constituting the company’s constitution. Below is a detailed list of the required documents:
Documents of the Company’s Promoters (Directors and Shareholders)
- PAN Card: Mandatory for all Indian promoters. For foreign promoters, a passport is mandatory.
- ID Proof: Indian promoters can submit any among their Driving Licence, Voter ID, and passport. For foreign promoters, a passport is mandatory.
- Address Proof: Promoters can submit any utility bill or bank statement in their name with their address written on it. The address proof must not be older than 2 months.
- Digital Signature: Class 3 Digital Signature of the authorised director to sign the application for Company Registration.
- Director Identification Number (DIN): Mandatory for all directors.
Documents of the Registered Office
- Proof of Registered Office Address: Any Utility Bill in the Company’s Name with the registered office address can be used. The Address Proof must not be older than 2 months.
- No Objection Certificate (NOC): Issued by the owner of the office property in the name of the company or the director.
Documents of Company’s Constitution
- Memorandum of Association (MoA): The Memorandum is known as the “Charter” of a Company as it contains its most important details divided into several clauses.
- Articles of Association (AoA): AoA outlines the rules and regulations for the management of the company.
Additional Documents
- Voter’s ID/Aadhar Card/Passport/Driver’s License: For identification of directors and shareholders.
- Latest Bank Statement/Telephone or Mobile Bill: For proof of residence for each director and shareholder.
Legal and Procedural Documents
- Digital Signature Certificate (DSC): For all proposed directors as well as the subscribers of the memorandum and articles of association.
- Director Identification Number (DIN): For all proposed directors.
- Name Approval: The company name must be approved by the Ministry of Corporate Affairs through the SPICe+ form.
- Certificate of Incorporation: Issued by the Registrar of Companies upon successful registration.
Process Overview
The registration process involves obtaining DSC and DIN for the directors, name approval, submission of MoA and AoA, and finally, the submission of all required documents to the Registrar of Companies (ROC) for verification. Upon successful verification, the ROC issues the Certificate of Incorporation.This comprehensive documentation ensures the legal establishment of a Public Limited Company, facilitating its operation under the Companies Act, 2013, and enabling it to offer shares to the public.
Customer Reviews
At bharatfilingpoint , we invest heavily in the administrations conveyed by us and assurance your fulfillment with our administrations & backing. We continually improve & endeavor to convey the best bookkeeping, monetary or secretarial administrations through the web.
“They are the epitome of excellence in the industry.”
Location: India.
Location: India.
Public Limited Company FAQ’s
How many people are required to incorporate a Limited Company?
To integrate a Restricted Organization, at least seven individuals are required. A Restricted Organization should have at least three Chiefs and seven investors.
What are the requirements to be a Director?
The Chief should be north of 18 years old and should be a characteristic individual. There are no limits with regards to citizenship or residency. In this manner, even unfamiliar nationals can be Chiefs in an Indian Confidential Restricted Organization.
What is the capital required to start a Limited Company?
You can begin a Restricted Organization with any measure of capital. Be that as it may, the charge should be paid to the Public authority for giving at least offers worth of [Authorized Capital Fee] during the consolidation of the Organization. There is no necessity to show evidence of capital contributed during the fuse interaction.
Do I have to be present in-person to incorporate a Limited Company?
No, you won’t need to be available at our office or show up at any office for the fuse of a Restricted Organization. Every one of the archives can be filtered and sent through email to our office. A few records will likewise must be couriered to our office.
What are the documents required for incorporation?
Personality confirmation and address evidence are required for every one of the proposed Heads of the Organization. Skillet Card is obligatory for Indian Nationals. Moreover, the property manager of the enrolled office premises should give a No Complaint Testament to having the enlisted office in his/her premises and should present his/her personality confirmation and address verification.
How long is the incorporation of the Company valid for?
When an Organization is consolidated, it will be dynamic and in presence as long as the yearly compliances are met with consistently. In the event that, yearly compliances are not followed, the Organization will turn into a Torpid Organization and might be struck off from the register after a timeframe. A struck-off Organization can be restored for a time of as long as 20 years.
What is the Director Identification Number?
What are the advantages and the disadvantages of a Public Limited Company?
Public Limited Company Registration in State
Partnership Firm Registration In Assam
Partnership Firm Registration In Jammu And Kashmir
Partnership Firm Registration In Andhra Pradesh
Partnership Firm Registration In Assam
Partnership Firm Registration In Jammu And Kashmir
Partnership Firm Registration In Delhi
Partnership Firm Registration In Telangana
Partnership Firm Registration In West Bengal
Partnership Firm Registration In Kerala
Partnership Firm Registration In Goa
Partnership Firm Registration In Bihar
Partnership Firm Registration In Puducherry
Partnership Firm Registration In Himachal Pradesh
Partnership Firm Registration In Arunachal Pradesh
Partnership Firm Registration In Manipur
Partnership Firm Registration In Meghalaya
Partnership Firm Registration In Mizoram
Partnership Firm Registration In Nagaland
Partnership Firm Registration In Sikkim
Partnership Firm Registration In Tripura
Partnership Firm Registration In Lakshadweep
