Public Limited Company Registration

Home > Public Limited Company Registration

Startupism: Public Limited Company Registration in India - Online Process

Register your public limited company online in India with Startupism, an excellent choice for entrepreneurs and startup founders seeking hassle-free assistance with documentation, paperwork filing, and subsequent updates.

Avail public limited company registration for just Rs. 26,399. This promotion is valid for a restricted duration.

Get Expert Advice

Why Choose Us

Hassle-Free Process

Affordable Rates

Expert Guidance

Quick Approval

Public Limited Company Registration

A Public Limited Company, often abbreviated as PLC, is a business structure where a corporation offers its shares (units of ownership in the company) to the general public. Upon purchase, shareholders gain entitlement to share in profits and bear losses within specified limits. This structure is aptly named the Public Limited Company.

Key Features of a Public Limited Company

  • Limited Liability: Shareholders have limited liability for the company’s losses.
  • No Joint Liability: Shareholders do not share joint liability.
  • Compliances: Medium level of compliance requirements, including ROC, tax payments, and audits.
  • Governing Documents: Operations are governed by an agreement with a limited number of document preparations.
  • Ownership & Management: Shareholders own and directors manage public limited companies.
  • Members Required: Minimum 7 members and minimum 3 directors.
  • Capital: Unlimited fundraising potential.
  • Business Scope: Unlimited growth and expansion opportunities.

Why Register a Public Limited Company in India?

Registering a Public Limited Company in India offers various advantages, including:

  • Capital Raising Ability
  • Enhanced Brand Awareness
  • Increased Customer Trust
  • Legitimacy to Business
  • Business Name and Trademark Protection
  • Tax Efficiency
  • Potential for IPO Listing
  • Limited Liability Protection
  • Separate Legal Entity

Documents Required for Public Limited Company Registration

Ensure you have the following documents:

  • PAN Card (for both shareholders and directors)
  • Passport-sized photos (latest photos of directors/shareholders)
  • Rent Contract (if rented)
  • NOC (from the owner)
  • Identity Proof (Aadhar card/voter ID/passport/driving license) for directors/shareholders
  • Business Address Proof (latest electricity or telephone bill of the registered office)
  • Residential Proof (latest bank statement/telephone or mobile bill/electricity or gas bill) for directors/shareholders

Absolute Must-Haves While Registering a Public Limited Company?

Essential Requirements for Registering a Public Limited Company:

  1. Strong Business Financials
  2. Government Backing and Compliance
  3. Proper Taxation
  4. Effective Contract Management
  5. Valid Office Address
  6. Distinctive Business Name
  7. Regulatory Compliance
  8. Adequate Capital Resources
  9. Committed Directors & Shareholders

Steps to Register a Public Limited Company

Step 1: Document Presentation Present necessary documents, including details of at least 7 members and a minimum of 3 directors, DIN numbers, PAN, and identity proof.

Step 2: Apply for Digital Signature Certificate (DSC) DSC is required for online registration and form submissions to the Ministry of Corporate Affairs. It’s needed for all proposed directors and subscribers to the memorandum and articles of association.

Step 3: Name Approval Submit the proposed business name for approval by the Ministry of Corporate Affairs (MCA) after careful consideration.

Step 4: Fill Relevant Forms Attach essential forms like SPICe Part B, SPICe MOA, SPICe AOA, SPICe INC 9, and Agile Pro.

Step 5: Upload Forms on MCA Scan and upload the documents to the MCA portal.

Step 6: Obtain Incorporation Certificate Upon reviewing the application and documents, the MCA will issue a Certificate of Incorporation for the public company.

Critical Considerations While Registering a Public Limited Company

  • Business Financial Health
  • Government Support
  • Tax Payment
  • Contract Management
  • Office Address
  • Unique Business Name
  • Compliances
  • Minimum Capital Availability
  • Directors & Shareholders

Startupism: Turning Your Dreams into Reality

Startupism is committed to helping you succeed, offering a range of services from startup consultancy to post-incorporation compliances. Our team comprises professionals from diverse backgrounds, including lawyers, chartered accountants, company secretaries, MBAs, marketers, and passionate visionaries. We are dedicated to guiding you through every stage of your startup journey.

Documents Received After Successful PLC Registration

  • Corporate Identification Number (CIN)
  • Certificate of Incorporation
  • PAN in the company’s name
  • TAN number
  • Company Memorandum/Articles

Immediate Compliances After PLC Incorporation

  • Mandatory PLC bank account opening
  • Deposition of paid capital in the company’s bank account based on shareholding ratio
  • Submission of commencement of business form (INC 28) within 180 days
  • Auditor appointment

Why Choose Startupism?

Here’s why Startupism stands out:

  • Work Strategies: We turn plans into reality, achieving benchmark guidelines at every step.
  • Our Ideology: We’re a platform for dreamers and achievers, promising commitment, trust, and expertise for a hassle-free experience.
  • Meeting Deadlines: We understand the value of time and ensure your business meets its set deadlines.
  • Guaranteed Satisfaction: Quality is paramount; our systemized approach minimizes errors for a seamless experience

Let's Address All Your Questions!

No, there is no need to physically visit the ROC Office.
We offer a fully automated and hassle-free online Company Incorporation Process.

The ROC is a government office responsible for company registrations.
Each state typically has its own ROC office, except for some exceptions.

Minimum two directors is required.
Two members (shareholders) are also mandatory.

There is no minimum capital requirement.

  1. No Minimum Capital Requirement
  2. Limited Liability
  3. Tax Benefits
  4. Business
  5. Continuity
  6. Easy Transfer of Shares
  7. FDI Permitted
  8. Enhanced Credibility

MOA stands for Memorandum of Association, while AOA represents Articles of Association.
These documents outline crucial matters such as the company’s core business and meeting procedures.
Company Secretaries or other professionals typically prepare these standard legal documents during the company’s registration.

Yes, auditing is mandatory for all Private Limited Companies.
Every company must undergo an annual audit.

The registered office address of the Public limited company is required, as it will receive official communications from the MCA.

DIN stands for Director Identification Number.
It is a unique identification number assigned to individuals appointed as company directors.

No, a person cannot be appointed as a Director of a Company without obtaining a DIN.It is a unique identification number assigned to individuals appointed as company directors.

Yes, two or more companies can be registered with the same address.
There is no restriction on this according to the Companies Act.

A DSC (Digital Signature Certificate) is a secure electronic signature used for various online transactions and submissions.There is no restriction on this according to the Companies Act.

No, Provident Fund (PF) and GST (Goods and Services Tax) are not automatically applicable.
These laws come into effect only after certain threshold limits are crossed.

Open chat
1
Scan the code
Hello
Can we help you?