Public Limited Company Registration

Overview of Public Limited Company Registration

• Public limited company is the most popular corporate entity in India.
• A public limited company is a type of privately held small business entity. This type of business entity limits owner liability to their shares, limits.
• Public limited company is incorporated under the Companies Act of 2013, and governed by the Ministry of Corporate Affairs (MCA).
• To incorporate a public limited company a minimum of three directors and seven shareholders are required over the age of 18 years with atleast one person being an Indian citizen and resident.
• A minimum of seven shareholders and a maximum of unlimited shareholders are allowed in a public limited company.
• The shareholders of a company do not participate in the day-to-day activities of a company. The power of decisions is taken at the Board level by the majority rule.

Documents Needed

Benefits of Public Limited Company registration

• Easily Setup and recommend to Growing Start-up’s.
• Easily raise funds from banks, financial institutions and investors.
• Easy to go expand your business globally.
• Shares of a company limited by shares are transferable by a shareholder to any other person.
• A public limited company is considered to be a separate legal entity. It has its own identity and very much recognized as a separate company under the law.
• Shareholder enjoys limited liability to the extent of capital invested. Shareholder’s personal assets protected in the event of the company’s insolvency.
• Public limited companies are listed their company on the stock exchange where it’s share/stocks are traded publicly.

Different types of Company Business Structures

*Amount maybe increase or decrease depends upon number of directors, particular state stamp duty fees, govt fees, gst invoice bills and yearly transaction amount.