Public Limited Company

Public Limited Company Registration

  • INR 14,999 /-
  • All Inclusive, No hidden Charges
  • Free Company Name Search Name Reservation
    Free Consultancy Certificate of Incorporation
    7 DSC, PAN & TAN Copy of MOA & AOA
    DIN of 3 Directors Share Certificates
    Free Basic Software

  • * Stamp duty Extra
    * Charges extra for NRI/Foreign Director

Basic Plan

  • INR 14,999 /-
  • No Hidden Cost

    Company Registration in just 10-12 Days

What is a Public Limited Company - PLC


A public limited company (PLC) is the legal designation of a limited liability company (LLC)  that has offered shares to the general public and has limited liability. A PLC's stock is offered to the general public and can be acquired by anyone, either privately, during an initial public offering or through trades on the stock market.
Public limited company is a large scale of business that can be incorporated with minimum 3 directors and the 7 shareholders. Public Limited Company enjoys the benefits like limited liability, ease of transferability, perpetual existence and the borrowing capacity. Unlike the private limited company the public company can sell shares to investors and raise capital from them.
A Public Limited Companies have following features:
1. It allows a significant degree of separation between operations and ownership.
2. One can provide stock ownership or ESOPS to employees. Only Limited companies are allowed to offer this feature of distributing their stocks among current and prospective employees.
3. Only Public Limited Companies can list its shares on Indian Stock Exchanges such as National Stock Exchange (NSE), Bombay Stock Exchange (BSE) and so on.
4. Only Public Limited Companies can accept Deposits from public under Companies Act, 2013.

    Required Documents for Public Limited Company Registration
     

    For Directors/Shareholders
    Copy of PAN Card
    Identity Proof (Voter Card, Passport, Driving Licence)
    Address Proof (Bank Statement, Mobile bill, Telephone bill, Electricity Bill)
    Passport Size Photo
    For Registered Office
    Ownership Proof (Electricity Bill, Gas bill, Electricity Bill, Mobile Bill)
    NOC 

      Step-1
      Receiving Documents & Apply, DIN & DSC 1-2 Days

      Step-2
      Drafting MOA and AOA. 3-4 Days

      Step-3
      INC-1 for name reservation, INC-12 for Licence (Depends upon different ROC) and Spice Form 32 6 to 9 Days

      Step-4
      Certificate Of Incorporation, PAN & TAN 10 to 12 Days

      In case of Public Limited Company, Minimum three (3) and Maximum Fifteen (15) numbers of directors are required.

      There is no minimum capital requirement is prescribed by the government.

      Yes, subject to Foreign Direct Investment (FDI) Guidelines a NRIs / Foreign Nationals / Foreign Companies can hold shares of a Public Limited Company.

      A Public limited company must get its statutory audit done by a Chartered Accountant at the financial year end and it also required to file Income Tax Return to Income Tax Department. In Addition to that a company also required to file its Annual Filling Forms with Registrar of Companies. Further the Public Limited Company must conduct Board Meeting atleast once in every 3 months and an Annual General Meeting, at least once in every year and also maintain Minutes of every Board Meetings and General Meetings and Statutory Registers.