Public Limited Company


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Public Limited Company is a limited company of which share can be freely sold and trade in public with some minimum share capital. We provide the best services needed for the registration of limited company in India. All the procedure required to register a public limited company will be taken care by our well experienced team of experts. All type of services needed for maintenance and starting of a public limited company are provided by us at very affordable prices.

A Public limited company registration is a business that is owned, managed and controlled by one person. It is one of the most common and prevalent forms of business in India, used by small businesses operating in the unorganized sectors. Proprietorships are very easy to start and have very minimal regulatory compliance requirement for getting started.

However, after the startup phase, proprietorship’s do not offer the promoter a host of other benefits such as limited liability, separate legal entity, independent existence, transfer-ability, etc., which are desirable features for any business. Therefore, proprietorship’s are suited for unorganized, small businesses that will have a limited existence.

Minimum Requirements of Public Limited Company:

  1. Minimum 7 shareholders
  2. Minimum 3 Directors
  3. One of the Directors must be Indian Resident
  4. Minimum authorised capital Rs. 5,00,000/- five lac
  5. DIN (Director Identification Number) for all Directors

Features/Advantages of Public Limited Company Registration:

Liability of Members and Directors of the Public limited company is limited to the extent of shares. It means that if the company suffers from any loss and faces financial distress because of primary business activity, the personal assets of shareholders / Members / Directors will not be at risk of being seized by banks, creditors, and government.
The life of a business is not affected by the status of shareholders, and even after the death of the shareholder Public limited company continues to exist.
A Public limited company enjoys unlimited source for the borrowing of funds. The public limited company can issue debentures, equity and can also accept deposits from the public. Financial institution even prefers to render financial assistance to large public limited company.

Documents required for Public Limited Company Registration

PAN for Indian Nationals Notarized Passport copy for Foreign Nationals
Passport, Driver License, Aadhar (And) bank statement or Electricity Bill The two document must be valid, recent and less than month old
Rental agreement or Sale deed (And) copy of Electricity Bill, Property Tax Receipt No Objection Letter from landlord for use of Premises as Registered Office
Signed Digital Signature Application Documents in Hard Copy Other incorporation Documents Signed and uploaded as soft copy

Process for Company Registration

  • Select a unique company name
  • Digital Signature Certificate (DSC) for director
  • Director Identification Number (DIN) for director
  • Online Name approval
  • Submission of Incorporation form (SPICe) along With MOA & AOA

FAQs on Public 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.
The Director needs to be over 18 years of age and must be a natural person. There are no limitations in terms of citizenship or residency. Therefore, even foreign nationals can be Directors in a Indian Private 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.
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.
No, you will not have to be present at our office or appear at any office for the incorporation of a Limited Company. All the documents can be scanned and sent through email to our office. Some documents will also have to be couriered to our office. can incorporate a Limited Company for in 14-20 days. The time taken for incorporation will depend on submission of relevant documents by the client and speed of Government Approvals. To ensure speedy incorporation, please choose a unique name for your Company and ensure you have all the required documents prior to starting the incorporation process.
Once a Company is incorporated, it will be active and in-existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the Company will become a Dormant Company and maybe struck off from the register after a period of time. A struck-off Company can be revived for a period of upto 20 years
Authorized capital of a Company is the amount of shares a company can issue to it shareholders. Companies have to pay the Government an authorized capital fee to issue shares in a Company. Companies have to pay authorized capital fee for a minimum of Rs.5 lakhs.
A limited company must hold a Board Meeting atleast once in every 3 months. In addition to the Board Meetings, an Annual General Meeting must be conducted by the Private Limited Company, atleast once every year.
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.
Yes, NRIs / Foreign Nationals / Foreign Companies can hold shares of a Limited Company subject to Foreign Direct Investment (FDI) Guidelines.
100% Foreign Direct Investment is allowed in India in many of the industries under the Automatic Route. Under the Automatic Route, only a post-investment filing is necessary with the RBI indicating the nature of investment made. There are a few industries that require prior approval from the RBI, in such cases, approval must first be obtained from RBI prior to investment.