Easily Register a Company
Limited company is the ideal choice of corporate entity for medium and large sized businesses that raise equity capital from the public.
Public Limited Company
A limited company grants limited liability to its owners and management. Being a public company allows a strong to market shares to investors this is benificial in raising capital. A minimum of three Directors are needed for establishing a Public Limited Company and it's more stringent regulatory requirements in comparison to a Private Limited Company.
Public Limited Companies are those kinds of companies where minimum quantity of members is seven and there is no cap on the most of number of members. A public limited company has majority of the characteristics of a private limited company. A public limited company has most of the benefits of private limited company and the capacity to have a variety of members, ease in transfer of shareholding and more transparency. Identifying marks of a public limited company are name, number ofmembers, shares, formation, management, directors and meetings, etc.,
Reasons to Register a Limited Company
Documents Required for Public Limited Company
Identity and Address Proof
Identity and address proof is likely to be required for all directors and shareholders of the company to be incorporated. In case of Indian nationals, PAN is mandatory. For foreign nationals, apostil led or notarized copy of passport must be submitted mandatorily. All documents submitted must be valid. Residence proof documents like bank statement or electricity bill should be less than 2 months old.
Registered Office Proof
All companies must have a registered office in India. To prove access to the registered office, a current copy of the electricity bill or property tax receipt or water bill should be submitted. Along with the utility bill, rental agreement or sale deed and a letter from the landlord with his/her consent to utilize the office as a registered office of a company should be submitted.