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Public Limited Company Registration in 3 steps

Kick Start Your Public Limited Company Registration at Aavana in 3 Easy Process


Aavana is one of the country’s largest business service platforms for Public Limited Company Registrations. Our aim is to help the entrepreneur on the legal and regulatory requirements. We provide support at every stage to ensure the business is a huge success. We have our head office located in Bangalore with a PAN India presence.

Public Limited Company Registration is one of the most versatile forms of business entity in India. It needs to be registered as per the rules and the regulations laid down by the Ministry of Corporate Affairs (MCA) to avail several benefits at large.

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DOCUMENTS REQUIRED FOR PUBLIC LIMITED
COMPANY REGISTRATION


  • Pan Card Copy
  • A copy of Passport (For NRIs duly notarized)
  • Driving License
  • Copy of Aadhaar
  • Bank Statement (Should not be more than 2 months old)
  • Electricity Bill (Should not be more than 2 months old)
  • A copy of rental agreement
  • A No Objection Certificate from the landlord
  • Copy of Sale Deed (for self-owned property)
  • Latest Property Tax paid receipt (for self-owned property)

Public Limited Company Deliverables


  • Issue of Certificate of Incorporation
  • Issue of Digital Signature Certificate (DSC)
  • Issue of Director Identification Number (DIN)
  • Issue of Memorandum of Association (MOA) and Articles of Association (AOA)
  • Issue of the PAN and TAN

PUBLIC LIMITED COMPANY AND ITS FORMATION
A company well established and wants to be globally recognized can opt for a public limited company. It is a voluntary association of members and upon registration has a separate legal entity. The liability of the members is limited in case of the public limited company. A public limited company must have a minimum of seven members and there is no maximum limit.

PROCESS INVOLVED IN PUBLIC LIMITED COMPANY REGISTRATION


Advantages

Easy to raise funds

It is very easy for a public limited company to raise funds through issue of shares to the public. A company having a good reputation will attract many people and if listed in the Stock Exchange will be an added advantage since it can raise multiple investments from various funding sources.

Risk will be minimized

The company faces the risk of ownership to other shareholders when offering shares to the public. This allows the investors in the company to sell some of their own shares at a profit while still retaining a considerable stake in the company. Hence the risk will be minimized to a large extent.

Huge scope for growth and expansion

A Public Limited Company has a better scope for growth and expansion. As it enjoys the creditworthiness it will attract more funds in the form of bank loans.

Limited Liability

As the shares are issued to the public, the liability will be limited to the owners or shareholders assets of the company. In this way, the member’s personal assets and the property will be safeguarded.

Easy to transfer the shares

In a Public Limited Company, it is very easy to transfer the shares. The shares can be transferred to the buyer by signing the share transfer forms.

Most widely preferred business entity

As the company’s business is legal and transparent a Public Limited Company is known to be one of the most popular forms of business structure among the investors and the shareholders.

FAQ's

To register a Public Limited Company, a minimum of 7 people are required. It must have a minimum of 3 Directors and 7 shareholders.

The Director must have attained the age of 18 and should be a citizen of India.

One can start a Public Limited Company with any amount of capital. However, a prescribed fee of Rs. 5 lakhs (Authorized Capital Fee) has to be paid to the Government for issuing minimum shares.

Yes, an office address is very much required for starting a Public Limited Company in India. The premises can be a commercial/ industrial or a residential where communication from the Ministry of Corporate Affairs (MCA) will be received.

It may take anywhere between 14-20 working days. To ensure speedy registration, kindly choose a unique name and ensure that all the relevant documents are submitted on time to prevent unnecessary delay.
A Public Limited Company must hold a Board Meeting at least once in every 3 months. Apart from this, it should also conduct an Annual General Body Meeting (AGM), at least once every year.
Yes. NRIs can hold the shares of a Public Limited Company subject to Foreign Direct Investments (FDI) guidelines.


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