Public Limited Company Registration: Empowering Your Business Aspirations
Public Limited Company Registration in India
Public Limited Companies (PLCs) are a popular choice for businesses looking to raise funds by offering shares to the public. Governed by the Companies Act, 2013, a Public Limited Company can have an unlimited number of shareholders, making it an attractive option for large-scale enterprises. This structure provides limited liability protection to its shareholders, ensuring that their personal assets are safeguarded against the company’s debts.
Benefits of Public Limited Company Registration
Access to Capital: One of the most significant advantages of a Public Limited Company is its ability to raise capital through the public offering of shares. This can substantially enhance the company’s growth prospects.
Limited Liability: Shareholders are only liable for the company’s debts up to the amount they invested, protecting their personal assets from business liabilities.
Enhanced Credibility: Being a public entity often enhances the company’s credibility and brand image, attracting more customers, suppliers, and business partners.
Continuous Existence: A Public Limited Company has perpetual succession, meaning it continues to exist even if shareholders change or pass away.
Employee Benefits: Public Limited Companies can offer employee stock options, providing an incentive for employees to contribute to the company’s growth.
Requirements for Registration
To register a Public Limited Company in India, the following requirements must be met:
- Minimum Shareholders: A minimum of seven shareholders is required, with no maximum limit.
- Directors: At least three directors must be appointed, with at least one being a resident of India.
- Name Approval: The name of the company must be unique and not identical to any existing company names.
- Documents: Essential documents such as the Memorandum of Association (MoA), Articles of Association (AoA), and proof of registered office must be submitted.
Procedure for Registration
Obtain Digital Signature Certificate (DSC): The first step is to obtain DSC for the proposed directors.
Director Identification Number (DIN): Every director must apply for and obtain a DIN.
Name Reservation: Submit an application for name approval to the Registrar of Companies (ROC).
File Incorporation Documents: Prepare and file the necessary incorporation documents, including MoA and AoA, with the ROC.
Certificate of Incorporation: Upon successful verification, the ROC issues a Certificate of Incorporation, marking the company’s official establishment.
PAN and TAN: Obtain the Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for tax compliance.
Why Choose Us?
At The Bapuji, we specialize in Public Limited Company registration and provide end-to-end support throughout the process. Our team of experts ensures that all legal formalities are completed efficiently, allowing you to focus on your business. We offer personalized consultations to understand your needs and tailor our services accordingly.
Fill up this form and proceed to payment. After payment, send the payment screenshot to our WhatsApp number.You will be contacted by our team.
Whatsapp Contact Now:
+91 8638136265
Email Now:
info@thebapuji.com