Register a
Public Limited Company
@ ₹ 22,999
(including taxes, stamp duty & Govt. fees)
In just 7 days | From any city | No hidden cost
What all is included?
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Company Name Approval
DSC for 3 Directors
DIN for 7 Shareholders
Certificate of Registration
Memorandum of Association
Articles of Association
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Company PAN & TAN
GST Registration
MSME Registration
PF & ESIC Registration
Professional Tax
Company Masterfile
COMPANY REGISTRATION
A Public Limited Company (PLC) is a type of business entity in which the liability of shareholders is limited to the amount of capital they have invested. It is a separate legal entity from its shareholders, meaning that it can enter into contracts, borrow money, sue and be sued in its own name. Public limited companies are allowed to issue shares to the public, and can be listed on a stock exchange.
The registration process for a public limited company is similar to that of a private limited company, but it requires a few additional documents.
A Public Limited Company requires:
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a minimum of seven shareholders,
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at least three directors, and
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a registered office address in India
It also has to comply with additional compliance and regulatory requirements such as having a minimum paid-up capital of INR 500,000 (Rs. Five Lac), appointing an auditor and filing annual returns with the Registrar of Companies (ROC).
A Public Limited Company is strictly regulated and is required to publish its true financial health to its shareholders. It is considered to have more credibility than a private limited company or a limited liability partnership firm, and has more opportunities to raise capital through the sale of shares to the general public.
LET'S START, a reputed legal services provider for startups and entrepreneurs, offers an easy and affordable public company registration service in India. We handle the legal paperwork and comply with all the Ministry of Corporate Affairs (MCA) requirements. Upon successful registration of your company, you will be issued an Incorporation certificate (CoI), along with the PAN Card and TAN of the Company. Now you can open a current bank account and start your business.
ADVANTAGES OF PRIVATE LIMITED COMPANY
You can enjoy several advantages by registering a Public Limited Company, including:
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Limited liability: Shareholders are only liable to the extent of their share capital, which means their personal assets are protected in the event of the company's failure.
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Separate legal entity: A Public Limited Company is considered a separate legal entity from its shareholders, which allows it to enter into contracts, borrow money, sue and be sued in its own name.
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Ability to raise capital: A Public Limited Company can raise capital through the sale of shares to the general public, which can be more efficient than borrowing money from banks.
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Professional management: Public Limited Companies are required to have a board of directors who are responsible for managing the business, which can lead to more professional management and decision-making.
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Perpetual succession: A Private Limited Company has perpetual succession which means the company continues to exist even if the shareholders or directors change.
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Brand image: A Public Limited Company creates a better brand image and reputation than a private limited company or limited liability partnership.
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Separation of ownership and management: Shareholders of Public Limited Company can be different from the management which allows them to focus on their own business while the management runs the company.
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Compliance: Public Limited Companies have to comply with various regulations, which can be beneficial in terms of building a strong reputation and gaining credibility with customers and suppliers.
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Taxation: Public Limited Companies are subject to corporate tax which in many cases is less than individual tax.
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Public trading: Public Limited Companies can be listed on a stock exchange, which can provide liquidity for shareholders and increase the visibility of the company.
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Large scale operations: Public Limited Companies are capable to raise large amount of funds which can be used to invest in large scale operations, R&D and expansion.
DOCUMENTS REQUIRED
Without valid identity and address proof, a Public Limited Company cannot be registered in India. The documents that the Ministry of Corporate Affairs (MCA) accepts for the online company registration are listed below:
Passport size photo of all the promoters
PAN card of all the promomters
Proof of identity of all the promoters (any one of the below)
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Aadhaar card
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Passport
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Voter ID
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Driving license
Proof of residential address of all the promoters (any one of the below)
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Bank statement
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Electricity bill
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Mobile bill
Utility bill of office address (any one of the below)
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Electricity bill
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Gas bill
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Mobile bill
Rent agreement, if the office premises is rented
Please Note: All the scanned documents must be clear & the text in the documents must be legible.
MINIMUM REQUIREMENTS
The following conditions must be satisfied to start a Public Limited Company:
Minimum seven shareholders
Minimum three directors
The directors and shareholders can be the same persons
At least one of the directors must be an Indian resident
All the directors must have a Director Identification Number (DIN)
All the directors & shareholders must have a Digital Signature Certificate (DSC)
Minimum authorised capital of Rs. 500,000 (Rs. Five Lac)
Minimum paid up capital of Rs. 100,000 (Rs. One Lac)
WHAT ALL IS INCLUDED
Company Name Approval
Certificate of Registration
Company PAN & TAN
Company Masterfile
DIN for 3 Directors
Memorandum of Association
GST Registration
Bank Account Opening
DSC for 7 Shareholders
Articles of Assocaition
MSME Registration
PF & ESIC + Professional Tax Registration
HOW TO START THE PROCESS
1. Fill the form
Fill in the enquiry form to start the process
2. Get a call
Our team will call you and prepare your application
3. Get the Certificate
Get your Certificate of Incorporation within seven days