Vakil Adda

Public Limited Company Consultant

Are you searching for Public Limited Company Consultant? We are best consultant for Public (Limited) Company Registration Across India. Our special team of CA and CS will brief you regarding all the parameter of Public Limited Company like Rules, Formation Process, Document Requirements, Compliances of Public Company etc. Connect with us for your Public Limited Company Consultancy.

Get Public (Limited) Company Ready in 5 Days

Public Limited Company Formation & Rules

As per The Companies Act 2013, a Public Limited Company is the only form of entity that can raise capital from the general public. The liability of a Public Limited Company is limited to the assets of the company and the subscribed capital. A Public Limited Company can be registered with a minimum of seven members/shareholders and a minimum of three directors. The company’s name must end with the word ‘Limited.’

Entities in need of significant capital requirements, wishing to involve the public in their share capital subscription via Initial Public Offers (IPO), find Public Limited Company incorporation perfectly suitable. Corporate governance and compliance requirements are very high for a Public Company compared to other forms of entities.

Opting for Public Limited Company Registration is a visionary approach for the expansion of a business. The current trend of IPOs for startups is another reason to choose the Public Company form, as it enables future opportunities for Initial Public Offers. Contact our team for more detailed information on Public Limited Registration.

Register Public Company @Rs.20,000 - Consult Now

If you are interested in Public Limited Company Registration then you can avail our combo package which includes

  1. Public Company Registration
  2. Memorandum of Association
  3. Article of Association
  4. Government Fees & Duties
  5. PAN and TAN
  6. PF and ESIC
  7. MSME
  8. DIN of Three Directors
  9. Digital Signatures
  10. Bank Account Opening
  11. Share Certificate
  12. INC-20A Commencement Filing
  13. ADT-1 Filing

Document List for Public Company Registration

The following documents are mandatorily required for the Public Limited Company Incorporation Process:

A. Directors and Shareholders Documents

  1. PAN Card
  2. Photograph
  3. Aadhar Card
  4. Driving License or Election Card or Passport (any one)
  5. Residential Address Proof – Latest Bank Statement or Utility Bill
  6. Telephone Number
  7. Email Id

B. Proposed Business Place Address

  1. Utility Bill of Premises
  2. No Objection Letter from the Owner of Premises

What are the Minimum Requirements for Public Limited Company Formation?

Public Limited Company can be formed only if the following criteria are fulfilled:

  1. A minimum of seven shareholders/members is required.
  2. A minimum of three directors is required in a public company.
  3. The Authorized Capital should be at least one lakh rupees.
  4. The name of the company must end with the word “Limited.”
  5.  

Benefits of Public Company Incorporation

As per the structure of all entity formats, one can assert that a Public Limited Company is the ultimate form of organizational registration. Let’s check the advantages of a Public Company compared to other forms of corporate structures.

  1. There is no restriction on capital subscriptions. Hence, the general public can subscribe to shares of a public company.
  2. It enables the scope of Public Offerings (IPO and SME IPO).
  3. There is no restriction on the number of shareholders. Thus, a company can have any number of shareholders.
  4. Highest credibility is ensured due to government regulations on public companies.

Process of Public Company Registration - Get in 5 Days

Step 1: Understanding of Structure of Public Company

Our Public Company expert (Chartered Accountant) will guide you on Public Company rules, processes, document requirements, compliance, charges, etc. If this format aligns with your requirements, you will need to send us the documents as outlined in the checklist.

Step 2: Incorporation Process Initiation (MoA & AoA etc)

We will commence the registration process for the new Public Limited Company. This process includes documentation such as MoA (Memorandum of Association), AoA (Articles of Association), Declaration Preparation, and Signing. The entire process is conducted online and is streamlined for a smooth experience.

Step 3: Get Public Company Ready in 5 Days

Within five days, your Public Limited Company incorporation will be completed. We will hand over all the documents along with complete guidance on further routine and annual compliance for the company.

List of Compliance for Public Company After its Incorporation

After registering a Public Limited Company, the following compliance must be completed on a routine and annual basis:

  1. Auditor Appointment within 30 Days
  2. Commencement of Business (INC-20A) within 180 Days
  3. Income Tax Return Filing
  4. Statutory Audit of Public Limited Company
  5. ROC Filing – Annual Filing of Public Company Forms and DIN KYC of Each Director

As per the applicability of other laws, filing and compliance are mandatory.

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FAQ's on Public Limited Company Registration Consultancy

Our Special Package of Public Limited Company Registration is Rs. 20,000. Duration of Registration process is Five Working Days.

Yes, Vakil Adda offers Public Limited Company Registration services nationwide, covering all Tier 1 and Tier 2 cities. Our 24×7 online support is available for your convenience. Our primary service areas include major cities such as Mumbai, Delhi, Bengaluru (Bangalore), Chennai, Kolkata, Hyderabad, Pune, Jaipur, Lucknow, Kochi, Indore, Visakhapatnam, and Coimbatore. We extend our services in the states of Jammu and Kashmir, Gujarat, Himachal Pradesh, Punjab, Haryana, Rajasthan, Maharashtra, Uttar Pradesh, West Bengal, Sikkim, Assam, Arunachal Pradesh, Karnataka, Andhra Pradesh, Telangana, MP, Tamil Nadu, and Kerala.