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.

  • 30x30x5
  • Get A Quote

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

Easy Transferability

Shares of a company limited by shares are transferable by way of a shareholder to every other person. Filing and signing a share transfer form and handing over the the client of the shares alongside share certificate can very quickly transfer shares.

Owning Property

A company being truly a juristic person, can acquire, own, enjoy and alienate, property in a unique name. No shareholder will make any claim upon the property of the company provided that the business is really a going concern.

Uninterrupted Existance

An organization has'perpetual succession ', that's continued or uninterrupted existence until it is legally dissolved. An organization}, being fully a separate legal person, is unaffected by the death and other departure of any member but remains available} regardless of the changes in membership.

Borrowing Capacity

An organization enjoys better avenues for borrowing of funds. It may issue debentures, secured along with unsecured also can accept deposits from people, etc. Even banking and financial institutions choose to render large financial assist with an organization rather than partnership firms or proprietary concerns.

80x80x3

Separate Legal Entity

A company is just a legal entity and a juristic person established under the Act. Therefore a company kind of organization has wide legal capacity and can own property and also incur debts. The members (Shareholders/Directors) of a company have no liability to the creditors of a company for such debts.

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.