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Public limited company

Legal Features

Public Limited Company Registration

A public limited company is the biggest class of business available in India. It’s a huge company and is formed for the purpose of raising funds from the public via IPO etc. The limit has not been set yet on the maximum number of members, even though, post 500 members, SEBI approval is required.

A public limited company relishes all the rights of a corporate body with limited liabilities and it’s a perfect selection for the small and medium scale businesses who are willing to raise the equity capital from the common people.

Advantages of Public Limited Company Registration

Here are the advantages offered to the company having public limited company registration.

Limited Debts for the Shareholders

The shareholders of the public company take the advantage of limited liabilities under which their personal properties are secure and can’t be taken in use to clear the liabilities and losses of the business.

In spite of it, the shareholders are accountable for their own legal wrongdoings. All the members, directors and shareholders take the advantage of this right and their individual assets remain untouched by any bank, creditors or government entities.

Constant Chain

A public limited company is known as a corporate entity that possesses endless succession. It implies that in case of death, retirement, madness, and bankruptcy of one or more members or shareholder or directors, the company still remains into existence.

Enhanced Capital of the Company

In a public limited company, the common public is invited to purchase the company’s shares. Therefore, anyone can invest in a public company that maximizes the capital of the proposed company.

Borrowing Capability

Post getting a public company registration, a public company can relish unlimited sources for borrowing funds. It can issue equity, debentures and can receive the deposits from the common people by selling its shares.

Furthermore, most of the financial institutions prefer public organisations more eminent than other unregistered companies.

Lower Risks

Since a public company can sell its shares to the common people, it reduces the scope of random risks of the market.

Better opportunities for growth & enlargement of the company

Lower risks result in better opportunities consequently the company can develop and enlarge by making investments in the new projects from the funds attained by selling its shares in the market.

Why makes Careful Counting stand out from the crowd for Public Company Registration?

At Careful Counting, we care about your dream consequently help you in providing the best public limited company registration process by solving every problem quickly with ease and proficiency.

Minimum Requirements

  • Minimum 7 shareholders are required
  • Minimum of 3 directors is required
  • Minimum Capital required ids 5,00,000
  • Digital Signature Certificate (DSC)
  • At least one Director must be resident Indian
  • Shareholder can be director

Basic Documents

For Company

  • Propose Company Name
  • Object of the Propose Company
  • Ancillary object of the Propose company
  • Authorised and Subscribed Capital
  • Shareholding Pattern
  • Email ID
  • Mobile No.
  • Rent agreement notarized
  • NOC from landlord to use the property for the said Company
  • Utility bill not older than 2 months (for the above said property)

Other Documents

  • PAN Card
  • Driving license/ Voter ID/ Passport Copy
  • Bank Statement/ Utility bill (updated not older than 2 months)
  • Email ID (unique).
  • Mobile No. (unique).
  • Latest Passport size Coloured Photo
  • Director Qualification

Notes


Services Flow

  • 1
    Create your for Login
  • 2
    Upload Documents
  • 3
    Make Payments
  • 4
    CC Prepare your document
  • 5
    Verify your documents
  • 6
    CC file your document
  • 7
    Get your Services

Choose from one of the plan below

Best Packages Plan for Careful Counting

  • BENEFIT
  • ACCESS
  • PRICE
PREMIUM
  • Certificate of Incorporation
  • Company PAN
  • Company TAN
  • Memorandum of Association (MOA)
  • Article of Association (AOA)
  • DIN for first time Directors
  • Digital signature for first time Director – 5
  • Bank A/c Opening support
  • GST Registration Application
  • First Auditor Appointment
  • Financial Statement preparation and Audit
  • ITR Filing company
  • GST filing complete financial year
  • ROC first annual filing
  • Board Resolution first one year
15 reports
(Monthly, Quarterly, Annually)

INR - /-

All Inclusive Fees

STANDARD
  • Certificate of Incorporation
  • Company PAN
  • Company TAN
  • Memorandum of Association (MOA)
  • Article of Association (AOA)
  • DIN for first time Directors
  • Digital signature for first time Director – 5
  • Bank A/c Opening support
  • GST Registration
  • First Auditor Appointment
  • Commencement of Business filing
11 reports
(Annually)

INR - /-

All Inclusive Fees

BASIC
  • Certificate of Incorporation
  • Company PAN
  • Company TAN
  • Memorandum of Association (MOA)
  • Article of Association (AOA)
  • DIN for first time Directors
  • Digital signature for first time Director – 5
7 reports
(1 every quarter)

INR - /-

All Inclusive Fees

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