Public Limited Company Registration In India

Public Limited Company Registration is a very easy task. With the help of our services you can simply register your company and create a public identity in a business world.

A public limited business structure is great for the long run and grows on a large scale. It has the ability to transfer one share to another due to this benefit you can raise a large capital amount which you can invest in your business structure. it has perpetual existence if any shareholder dies then you would pass his share to another. PLC has no limit of members and more transparency.

What Is a Public Limited Company?

Public Limited company regulated under the Companies Act, 2013. If you want to start a business then you should prefer a public limited company. You can offer its shares to the general public/ initial public offering(IPO). It can raise capital from many investors. It also has limited liability private limited company’s shareholders are only liable for limited liability amount of money that they have invested capital. If you want to do a startup then you should prefer PLC because you can easily expand it on a large scale.

Why Do You Need Public Limited Company Registration?

As we discussed before, a public limited company has various abilities such as limited liability, access to capital, and it has a capability to change its shareholders when they pass away or want to discontinue. Once you register your public limited company nobody can infringe on you. If anybody does then you can sue him in the court of law under the companies Act, 2013. Besides, after getting public limited company registration your company will become credible & enhance goodwill.

How Do I Register For a Public Limited Company?

As you know, the government has launched a portal called the Ministry of Corporate Affairs (MCA) where you can do public limited company registration. The public limited company registration process is completely online. There are following steps given below:

Digital Signature Certificate (DSC)

Due to the online process DSC will be required for public limited company registration. While filling forms on the MCA portal then you need to obtain DSCs of all directors along with subscribers of the memorandum and articles of association. 

Director Identification Number (DIN)

DIN is a unique identification number of those persons who intend to become a director. It is required when applicants are filling the form on the MCA portal along with name and address proof too. 

Registration on the MCA portal

For registering your company on the MCA you need to fill SPICe + form and also need to submit required documents. In addition, directors also have to register on the MCA portal. Once the public limited company registration is completed then directors will access the MCA portal services which comprises filing e-form along with viewing public documents.

Certificate of Incorporation

Once an applicant submits the application of PLC along with the required documents. The Registrar of Companies (ROC) will verify the application. If he finds it correct then he would issue the certificate of Incorporation. After obtaining a certificate of incorporation from ROC, applicants can apply for the certificate of commencement of the business on behalf of the company.

What Documents Required For Public Limited Company Registration?

Public Limited Company gst registration documents are given below:

1. Proof of identity of all the shareholders and directors.
2. Proof of address of all the directors and the shareholders.
3. PAN number of all the shareholders and directors.
4. Utility bill of the proposed office i.e. proposed registered office for the company.
5. A NOC (No Objection Certificate) from the landlord where the office of the company will be situated.
6. Director Identification Number (DIN) of all the directors.
7. Digital Signature Certificate (DSC) of the directors.
8. Memorandum of Association (MOA).
9. Articles of association (AOA).

Note: Our IE Certificate expert team will assist you step to step in registering your company. Our team will ensure your company’s growth.

What Are The Benefits Of Public Limited Company Registration?

There are various benefits such as limited liability, initial issuance of shares to the public for raising in capital, besides these  public limited company registration advantageous is given below:

Limited Liability 

That means PLC’s shareholders are not liable to pay debts by their own assets. Shareholders are only liable for the limited liability amount of money that they have invested in capital.

Credibility

Public limited company recognized under the companies act, 2013. It ensures customers safety and its rights are secured under the companies act, 2013. The reason why is that it is more reliable than other companies.

Perpetual Existence

Public limited companies have many shareholders. If any shareholder wants to discontinue or pass away his share pass to another shareholder that is why PLC called perpetual existence.

Why Register A Public Limited Company?

Benefits of registering a public limited company in India.

The advantages of setting up an Indian public limited company Several sources of funding A public limited corporation raises capital from financial institutions as well as from private investors. Additionally, debentures, preference shares, and equity participation may be used to raise the capital.

How Do You Become A Public Limited Company?

If you are willing to startup a public limited company. The first step is to register every director on the MCA portal along with the entity under the companies act, 2013. Additionally once your company is established as a public limited company then you will become credible and more reliable in the marketplace . In addition, you can deal with big contractors. The Companies Act of 2013 allows you to sue someone in court if they violate your intellectual property. The IE Certificate team will assist you with registering your business as quickly as possible and will guarantee its growth while managing all private limited company registration procedures, allowing you to concentrate solely on the growth of your enterprise.

What Is The Minimum Limit For The Public Limited Company?

public limited company registration three requirements are given below:

1. It is mandatory for PLC to have a minimum of 7 shareholders. 
2. It is mandatory for PLC to have 3 directors.
3. It is mandatory for PLC to have Rs. 5 lakhs.

What Is The Maximum Limit Of Public Company?

In India, There is no limit on maximum numbers of members in Public limited companies along with invested capital.

Why Refer to IE Certificate For Public Limited Company Registration?

Every aspect of company registration is a specialty for our Import Export certificate team. We’ll help you out step by step. Our staff won’t allow you to feel uncomfortable during challenging operations. The IE Certificate team will assist you with registering your business as quickly as possible and will guarantee its growth while managing all private limited company registration procedures, allowing you to concentrate solely on the growth of your enterprise.

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