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Public Limited Company
PUBLIC LIMITED COMPANY
A Public Limited Company under Company Act 2013 is a company that has limited liability and offers shares to the general public. A public limited company has a distinct identity and is owned by the public and managed by the board of directors. A public limited company is a voluntary association of members that is incorporated and, therefore has a separate legal existence and the liability of whose members is limited. Seven or more persons are needed as promoters of a public limited company. Its stock can be acquired by anyone, either privately through (IPO) initial public offering or via trades on the stock market.
Features of a Public Limited Company
- In order for a company to be public, it should have a minimum of 7 members (maximum unlimited).
- The public limited company is a separate legal entity, and each shareholder is a part of it.
- A public company can raise capital from the public by issuing shares through stock markets.
- A public limited company’s shares can be purchased and sold easily.
- The public Limited companies are suitable for large scale of business.
Documents Required:
- Pan of All Directors
- Aadhar of all directors
- Photo of all directors
- Mobile No. & E-mail id of all directors
- Bank Statement of all Directors (Not older than 2 Months)
- Electricity Bill/Utility Bill/Gas Bill/Postpaid Mobile Bill of registered office (Not older than 2 Months)
- A copy of the rent agreement (if a premise is rented).
Company Registration package includes:
- Incorporation Certificate
- MOA of Company
- AOA of Company
- Pan of Company
- Tan of Company
- Registration of ESI/PF
- DIN of Three Directors
- DSC of Three Directors
- Board Resolution for Bank Account opening
Time duration
It can take up to 10-15 working days in order to Public Limited Company Incorporation.
Cost involved
Get your Public Limited registered on 19,999/- Only
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