Start your Public Limited Company
registration starts @ Rs. 9999 (all inclusive)
A limited company grants limited liability to its owners and management. Being a public company allows a firm to sell shares to investors this is benificial in raising capital.
A minimum of three Directors are required for establishing a Public Limited Company and it has more stringent regulatory requirements compared to a Private Limited Company.
Public Limited Companies are those types of companies where minimum number of members is seven and there is no cap on the maximum number of members. A public limited company has most of the characteristics of a private limited company. A public limited company has all the advantages of private limited company and the ability to have any number of members, ease in transfer of shareholding and more transparency. Identifying marks of a public limited company are name, number of members, shares, formation, management, directors and meetings, etc.,
Why register a Public Limited Company?
Shares of the public limited company are purchased and sold in a stock exchange market. They are freely transferable between the members and people trading in the stock exchange.
Separate Legal Entity
Private Limited enjoys the benefit of Separate Legal Identity in the eyes of law which clearly states that assets and liabilities of the business are not the assets and liabilities of the Directors.
The company keeps on existing in the eyes of law even in the case of death, insolvency, the bankruptcy of any of its members.
Scope for expansion
There is unlimited scope for growth and expansion of business in Public Limited Company. New shares can be used to raise additional capital.
EMI option Available
How many people are required to incorporate a Limited Company?
To incorporate a Limited Company, a minimum of seven people are required. A Limited Company must have a minimum of three Directors and seven shareholders.
What is the capital required to start a Limited Company?
You can start a Limited Company with any amount of capital. However, fee must be paid to the Government for issuing a minimum of shares worth Rs.5 lakhs [Authorized Capital Fee] during the incorporation of the Company. There is no requirement to show proof of capital invested during the incorporation process.
Is an office required for starting a Limited Company?
An address in India where the registered office of the Company will be situated is required. The premises can be a commercial / industrial / residential where communication from the MCA will be received.
Can NRIs / Foreign Nationals be a Director in a Limited Company?
Yes, a NRI or Foreign National can be a Director in a Limited Company after obtaining Director Identification Number. However, atleast one Director on the Board of Directors must be a Resident India.
- 3 Class 2 DSC with 2 years Validity
- Incorporation Certificate
- PAN & TAN
- MOA & AOA
- Current Account
- 5 Lakh Authorized Capital
- GST Registration
- MSME/Udyog Adhaar Registration
- First year ROC Compliances