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We are a professional consulting firm specialising in company registration, taxation, accounting, payroll, compliance, and intellectual property rights (IPR) services to assist new and existing businesses in India. We provide our professional services at a reasonable fee, explaining the eligibility, process, and documents required for setting up and maintaining a business. We also prepare and file necessary applications with relevant government agencies such as the Registrar of Companies (ROC) and the Income Tax Department. We do not directly provide government documents or represent ourselves as a government agency.

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HomearrowStartuparrowPublic Company Registration

Public Limited Company Registration in India

Public Ltd Company registration is an online process, mandatory under the Companies Act of 2013. The respective application can be filed on the Ministry of Corporate Affairs (MCA) website. To understand the process thoroughly, it is essential that you first understand what a Public Limited Company really is. The entity is a structure governed under the Companies Act, enabling free transfer of shares on stock exchange platforms. Its ownership is held by multiple shareholders all entitled to limited liability towards the business. At Setindiabiz, we offer full assistance and guidance for Public Company formation and incorporation process.

Key Features:

  • thumbOnline Process
  • thumbEasy Documentation
  • thumbAffordable & Cost-Effective
  • thumbSuitable for Large Businesses
  • thumbHuge Investment Potential

Checklist & Documents

The table below contains a list of documents required for Public Limited Company Registration, and the eligibility criterias for setting it up. Both these are crucial requirements for a successful incorporation process. Public Limited Company eligibility criterias include the minimum number of its owners and directors along with the presence of a unique name and office address. On the other hand, public limited company documents include the KYC of promoters and the proof of registered business premises. At Setindiabiz, we help you meet the eligibility criterias with ease and prepare all the documents beforehand for a seamless process. Here’s what you require:

Minimum Requirements
check7 ShareholderscheckNo Maximum Limit for Shareholderscheck3 to 15 DirectorscheckA Resident Indian DirectorcheckA Unique NamecheckA Registered OfficecheckAdequate Capital
List of Documents
1. Documents of Partners
  • checkColour Photo
  • checkPAN Card
  • checkAadhar Card
  • checkLatest Address Proof
2. Registered Premises
  • checkLatest electricity or water bill
  • checkNOC from the owner

How to Register a Public Limited Company?

Public Limited Company Registration process can be completed in a series of simple steps. At Setindiabiz, we help you navigate through the steps easily, quickly and affordably. We provide full support from documentation to application filing and track your status till you receive your Registration Certificate. The steps below will help you understand our services better.

step1

Documentation

To apply for Public Company registration process, your first step would be preparation of requisite documents in their digital formats. These would include KYC documents of the Promoters, proof of registered office address, and NOC. Make sure you have all these documents with updated information beforehand, to avoid any obstacle in the process later.

step2

Select & Approve Company Name

The next crucial step in the procedure for registration of a Public Limited company is to select a unique and valid name. You can consult us to determine the accuracy of your selected name. Once the name is selected, apply for its approval by the ROC.

step3

Draft MOA & AOA

MOA and AOA are crucial legal documents required for Public Limited Company Registration. While MOA contains the legal details of the company, AOA contains the set of rules and regulations drafted for its internal management. Our legal team assists you in preparing both these documents.

step4

Apply for Registration

The final step would be to apply for registration online on the MCA portal. You can use the SPICE Plus or INC-32 form for it. All the details have to be filled accurately and the documents have to be uploaded in their digital formats. To complete the form, attach the DSC of the authorized director.

step5

Receive Certificate of Registration

Your Public Limited Company Registration procedure will be complete after you receive the Certificate of Registration. With the Certificate, you also have your Company PAN and TAN. Also, a unique CIN is allotted to your company for its unique identification.

Benefits of Public Limited Company

A Public Limited Company is highly preferred among entrepreneurs who wish to set up a business at a larger scale. It offers high potential for growth and expansion. Moreover, the ability to transfer and trade shares freely also enhances its investment potential. Here are a few more prominent Public Company benefits for your detailed and comprehensive understanding.

  • Prevent-Cascading-Effect

    Limited Liability

    Liability of Shareholders is limited only to the capital they have subscribed to.

  • Uniformity-in-Taxation

    Attractive for Investors

    Investors find it attractive for funding because of the availability of public records at ROC.

  • Low-tax-rates-&-compliances

    Preferred by Creditors

    Legal credibility and high growth potential makes a company preferable for funding

  • Entitled-to-avail-ITC

    Easy to Incorporate

    Incorporation is 100% online and easy to process and can be completed in a few days.

  • Entitled-to-avail-ITC

    Low Income Tax

    Companies enjoy favorable tax rates in comparison to other forms of business.

  • Entitled-to-avail-ITC

    Perpetual Existence

    The company exists beyond the life of its shareholder until it is wound up.

Private Limited vs Public Limited Company

Public Ltd Company registration is quite similar to the Private Ltd Company Registration process, and entrepreneurs often get confused over which one to opt for? Here’s a detailed comparison table weighing the pros and cons between the two, to help you make a better and informed choice.

Private Limited Company

Merits (Pros)
merit1
  • checkLimited Liability for Shareholders
  • checkPerpetual Existence
  • checkDistinct Legal Identity
  • checkSeparate Management
  • checkLimited Public Disclosure
  • checkTax Benefits for Small Companies
  • checkFlexible Ownership Structure
Demerits (Cons)
merit1
  • meritRestricted Ownership Transfer
  • meritLimited Capital Raising Potential
  • meritTransfer of Shares
  • meritHigher Compliance Requirements
  • meritRestrictions on Share Transfers
  • meritLimited Access to Capital Markets

Public Limited Company

Merits (Pros)
merit1
  • meritLimited Liability for Shareholders
  • meritPerpetual Existence
  • meritDistinct Legal Identity
  • meritCapital Raising through Stock Market
  • meritEasier Liquidation of Shares
  • meritGreater Investment Potential
Demerits (Cons)
merit1
  • meritStringent Regulatory Requirements
  • meritGreater Compliance
  • meritPublic Disclosure of Financial Information

Easily Register Your Public Limited Company With Us!

At Setindiabiz, we provide complete assistance in the Public Limited Company incorporation process, with expert services in application filing, documentation and compliance. We have decades of experience in helping startups kick start their business journey and set foot on the right legal path. We are quick, affordable and efficient, with a 100% online presence, so you can complete your Public Company Incorporation with ease and effortlessness. Here’s what we offer:

  • gRevew Proven Expertise
  • gRevew Nationwide Presence
  • gRevew Online Service
  • gRevew Custom Support
  • gRevew Trusted by Startup India

FAQs for Public Limited Company Registration

1.  What type of businesses are most suitable for Public Limited Company registration?

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2.  What are the requirements of Public company listing on Stock Exchange platforms?

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3.  Who can buy the shares of a Public Limited Company?

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4.  What is the liability of owners in a Public Limited Company?

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5.  Other than incorporation, what are the annual Public Company Compliance?

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6.  What are the benefits of online Public Limited Company Registration?

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7.  Can an NRI or Foreigner own a Public Limited Company?

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8.  Can an NRI or Foreigner be the director of a Public Limited Company?

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9.  What is the time taken for Public Limited Company Registration?

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10.  What should the name of a Public Limited Company end with?

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11.  Can a minor own a Public Limited Company?

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12.  What are the overall Public Company Registration fees?

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13.  Who is responsible for key managerial decisions in a Public Limited Company?

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14.  How to raise funds in a Public Limited Company?

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15.  What are the essential Public Company registration requirements?

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16.  How to register a public company?

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