What is Public Limited Company?
A company whose securities are traded on a stock exchange and can be bought and sold by anyone.Public companies are strictly regulated, and are required by law to publish their complete and true financial position so that investors can determine the true worth of its stock (shares). Also called publicly held company. Public limited company and its abbreviation Plc are commonly used in the UK in the way that corporation and Inc. is used in the United States.
For the purpose of registering a Public Limited company, there must be atlease 3 Directors and 7 members/shareholders. Minimum share capital for a public limited company is Rs.5,00,000/-
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Documents Required for Public Limited Company
- Passport size photographs of all Directors
- Pan of all Directors
- Voter Id/Adhaar/DL/Passport of all directors
- Electricity bill of registered office of the company.
- Rent Agreement or NOC of Registered Office
Public Limited Company Registration Process
| 2 Working Days | You need to send us above mentioned documents. The first process will be to apply DSC and DIN of Diirectors. |
| 7 Working Days | After getting DSC and DIN of all Directors, We will ask you six names of your choice for Private Limited Company and Form INC-1 will be filed for reservation of the name. |
| 4 to 5 Working Days | Your application will be processed by the department and the name of company will be approved and after that incorporation forms will be filed to the registrar of companies along with required documents. The registrar of companies, If find all the details in order, will issue a certificate of incorporation. |
| 7 Working Days | After Getting registration certificate of the Public Limited Company, Application will be made for issuance of certificate of commencement of business in form INC-21. |
| 7 Working Day | The last step wiil be to apply for PAN/TAN of the company as per your requirements. You will recieve PAN/TAN with in 15 days at your registered office. |