in just 15,000/- (inclusive of all taxes & fees)
Keynotes on Public Limited Registration
Public Limited Company in 10 to 15 days.
Completely online service - No physical presence required
No minimum capital requirement
A public limited company is a large enterprise with its objective to collect funds from public through different modes like IPO, draft etc. Although, there is no maximum limit of members yet, SEBI approval is mandatory for more than 500 members.
One Click Business Solutions Private Limited is the largest business services provider. We perform public limited company registration online to accelerate the registration process with just a few clicks. Our professionals are dedicated to help developing entrepreneurs easily commence and establish their business. At our company, we provide the best business services at reasonable public limited company registration fees.
We, at One Click Business Solutions Private Limited are highly experienced about the procedure of public limited company registration. New entrepreneurs need hassle-free registration service to incorporate and establish their businesses. We are well-informed about how to register public limited company to avoid legal problems.
At our company, we have a team of well-experienced public limited company registration consultants. We are committed to process public limited company registration documents perfectly as it is our utmost priority to help young entrepreneurs to incorporate their businesses.
So it is the right time to register your public limited company with us. Contact us as soon as possible to incorporate your public limited company.
A public limited company is the biggest type of business available in India. Public limited company is a big organization and is created to take deposits from public through IPO and others. There is not any maximum limit of members. However, SEBI approval is required after exceeding 500 members.
Shares of Public Limited Companies are traded in stock market. Fixed deposits are issued by Public Limited Companies. In order to complete Public Limited Company Registration, at least 7 shareholders, 3 directors are essential. To complete the registration procedure, maximum 50 directors and 5 lakhs Paid up capital are required.
A Public Limited Company can enjoy all the advantages of Private Limited Company. It can have any number of members. Shareholding can be transferred easily with enhanced transparency.
Yes, we at One Click Business Solutions perform online public limited company registration at fastest turnaround time. You don't need to be in office physically. Registering a Public Limited Company in India from anywhere is just a few mouse clicks away from you.
At least 7 individuals –
At least seven individuals are essential to commence the Public Limited Company in India. These Organizations should have minimum 3 directors. These 7 people can be director and shareholder of the company. Though, there is not any maximum limit of individual to become shareholder in the public limited company.
One Resident Director –
One person must be Indian citizen among all the directors.
Not any Minimum Capital –
Capital of the business depends on the requirement of the organization and there is no need of any minimum capital for starting a Public Limited Company. On the other hand, minimum subscribed share capital and authorized capital needed for public limited company is Rs 5 lakh.
A DIN is required by the directors of the company.
Digital signature certificate of one of the directors is required while submitting self-attested copies of address and identity proof.
For selecting the name of the company, an application is to be made.
An application containing most important object clause of the organization is to be done. This object clause can define what will be pursued by a company after its incorporation.
The application should be submitted to ROC with all the required documents like AOA, MOA, Form INC -7, duly filled Form DIR – 12 and Form INC – 22 is essential.
Prescribed registration fees are needed to be paid to the ROC.
Once an approval is obtained from ROC, application should be made for the certificate of business commencement by the company.
Unique name –
The name of a public limited company must be unique and should not be identical to any other existing trademark or company name.
A Public Limited Company is managed strictly and it needs to reveal its financial condition to the shareholders.
Passport size photograph of directors
Copy of Voter Identity Card or Passport or Driving License or Aadhaar is needed
Current Telephone or Mobile Bill or Bank statement is required
Photocopy of PAN Card of directors
Scanned copy of Signature (Signature should be same as on PAN Card)
In case of rented property, copy of rent agreement is required
In case of owned property, copy of property papers is essential
Water / electricity bill of the business place is important
No Objection Certificate from landlord should be given with specified format
Registration of Public Limited Procedure is very easy. The complete process is 100% online thus you don't need to come to our office physically to complete the company registration.
Step 1 – All required documents are to be arranged –
At first all the documents are to be arranged and all of them are to be sent to us over email. Our executives will examine the documents. If everything is satisfactory, 50% advance money is to be deposited by you.
Step 2 – DSC, DIN and Approval of Name –
Once we get all required documents and 50% advance, our experts will start your tasks. After that DIN, DSC and name approval will be obtained by us.
Step 3 – File for completing incorporation – As early as the approval of name will be completed, the rest of the amount will be paid by you. Then your company incorporation will be filed by us. After approval is obtained, the incorporation task will be completed.
1st day – DSC
2nd day – DIN
3 to 8 days – Name Approval
9 to 15 days – Documents of Incorporation
Limited Liability –
Each shareholder's liability is limited. A shareholder of a public limited company is not liable for any loss or debts of the company for an amount greater than their invested amount. This is unlike sole proprietorship and partnerships where both the business owners and partners are liable for the debts of the company. Although stockholders cannot enjoy this characteristic of public limited company and they will be responsible for their illegal activities.
Minimum 3 directors are required and there is not any limit of maximum number of directors according to the provisions of the Company Act 2013.
Paid up Capital –
Minimum 5 lakh or higher amount is required to start a public limited company according to the act.
According to the companies Act 2013, it is essential to add the word 'limited' after the name of the company.
It is a complete report of the company affairs distributed by public limited company. Issuing a prospectus by public limited company is compulsory according to the act. However there are no such provisions for private limited company. Due to this private limited company cannot ask for the public for subscribing their shares.
The status of shareholders cannot affect the lifespan of the company and it continues still after the death of shareholders.
Liability of directors and members of the Public Limited Company has limit to their shares.
General public are offered to buy shares thus anybody can invest in public limited company. So it enhances the capital of the organization.
Growth and Expansion
As reduced risk is involved, perfect opportunity is there to grow and expand the business by making investment in new projects. The investment is made with the money by allotting shares.
Free transfer of shares –
The shares can be transferred freely without the consent of other shareholders in comparison to private limited companies.
Different Legal Body –
Legal body of a public limited company is separate from its promoters or shareholders.
Ownership of Property –
Public limited company can buy, sale and also own the property like individual.
Increased Borrowing Capacity –
Public Limited Company is recognized for borrowing from banks and other financial institutions. A number of financial instruments are available to public limited companies. However they are not accessible by the other types of business organizations.
Management is more efficient in public limited company compared to other business entities. Vast pool of professionals and experienced individuals ensure well-organized management in public limited company.
Deposits cannot be accepted
Bank finance is not accessible before 2 years
Cost of compliance per year
Public limited company is known as a distinct legal body with limited liability. Shares of a public limited company may be sold freely and traded to the public. Due to this the phrase Public Limited Company is added after its name.
By following compliance, shares can be listed by public limited company on stock exchange
Enhanced priority is offered to public limited company while giving loan
The liabilities of its partners are limited by Public Limited Company
Shares of the shareholder can be transferred easily
No, a public limited company is not suitable for Government start-up scheme.
Digital signature certificate denotes signing important documents digitally or electronically by an individual who has authority. This is not applicable for hard copies of documents.
DIN is known as Director Identification Number which is allotted to present Director or would-be Director of an organization that is registered or would be registered. This is called DIN is unique identification number and given by Ministry of Corporate Affairs.
Yes, foreign national or NRI can be a director and shareholder of the Indian company. However, at least 1 Indian Resident should be there as a director on the board of directors of the company.
No, minor cannot be a director as Director DIN is essential. A person should be 18 years old or more to obtain a DIN.
Board of Directors have the authority to make decision in a company and all policy decisions are made at the board level by the majority law. This facilitates unity of direction among management.
Yes, a salaried individual can be a director of an organization provided that such provisions should match employment agreement. Usually employers do not have any issue if their employee is Director of another organization.
If a completely owned subsidiary is to be registered as a Public Limited Company in India, a photocopy of Board Resolution of Holding Company accepting the deposit in the India company and also authorizing an individual for signing the incorporation document for the company. It must be attested by Officer of the Indian Embassy of a foreign country where the registered office is there, should be attached with the documents.
A Public Limited Company can further issue shares to its present shareholders which is called right shares. The approval of present shareholders can make the offer valid and this must be approved by the public in a general meeting. This is important to note that the shares cannot be issued further to the Director or any other particular individual. It must be made in public and approved in a public general meeting.
It includes maximum acceptable amount of share capital which can be issued to shareholders by a company. Authorized share capital can be changed by a company when it is needed from time to time. It depends on the on the need of the organization subject to approval of members or shareholders.
Paid-up share capital is called Issued share capital of the Organization. This is an amount of shares issued to the share holders by an organization.
The registered office of an organization is the main place of a company to do business. This place is used for sending entire official correspondence.
As par Section 2(56) of the Company Act, 2013, the term "Memorandum" denotes a company's memorandum of association. This is alerted from time to time following any past company law or of the Act. This is a charter document of an organization that includes essential details of the company.
Article of Association are by-laws of an organization. This includes Rules and Regulation pursued by the organization. It incorporates duties, objectives and authorities of the Board of Director like voting rights, borrowing capacity, process to issue and transfer of shares.
Yes, Paid-up capital and authorized capital can be enhanced after incorporation procedure.