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Public Limited Company Registration

Public Limited Company Registration


Ideal for those Raising funding from Public

Starting At Rs. 26,999

SAVE 60% COST..!!!

(Takes 20-30 days)

Public Limited Company Registration

What is Public  limited company?

A Public Limited Company under Company Act 2013 is a company that has limited liability and offers shares to the general public.

It’s stock can be acquired by anyone, either privately through (IPO) initial public offering or via trades on the stock market.

A Public Limited Company is strictly regulated and is required to publish its true financial health to its shareholders.

For Public Limited Company Registration, the company must have minimum 3 Directors, 7 Shareholders and Maximum 50 Directors and need Rs 5 Lakhs of Paid up Capital.

A Public limited company have all the advantages of Private Limited Company and the ability to have any number of members, ease in transfer of shareholding and more transparency.

Public Limited Company Registration can be effectively completed by DhanTax (Business Consultant)  in Delhi NCR,Kolkata, Mumbai, Bengaluru, Chennai & Bikaner,Tripura and other Indian cities.

If you want to register your own  Public limited company then you can consult with DhanTax.
DhanTax expert team will help you with new company formation procedure and Annual Compliance of Company.

What is included In Our Company Registration Package?

  • Director Identification Number for 2 Directors
  • Digital Signature for 2 Directors
  • Name search & approval fees
  • Memorandum of Association
  • Article of Association
  • Customized Incorporation Master File
  • Certificate of Incorporation
  • Company PAN + Company TAN
  • GST Certificate
  • Domain Name
  • ROC Fees
  • Bank Account Opening Document Support

.

Procedure For Company Registration

Complete our Simple Form

You need to fill our simple company registration form and submit documents for formation of a company.

Obtain DSC and DPIN from us

After submitting your documents we will provide you with DSC and DPIN.

Verification and Name Approval

Details provided by you will be verified and then we shall apply for name approval.

Document Submission

We will create all the required documents and file them with ROC on your behalf.

Your work is completed

Once your company is incorporated, we shall send you all the documents and DSCs.

Documents Required For Company Registration

  • Copy of PAN Card of directors
  • Passport size photograph of directors
  • Copy of Aadhaar Card of Director
  • Latest Bank statement of Applicant
  • Copy of Rent agreement (If rented property)
  • Electricity/ Water bill (Business Place)
  • Copy of Property papers(If owned property)
  • Landlord NOC (Format will be provided)
  • Voter identity card/Driving Licence of directors
  • PAN Card & Aadhar Card copy of Shareholders
  • Driving Licence/Electricity bill of Shareholders
  • Affidavit from Directors ( Format will be provided)

Advantages of Registration of Company

Public Limited Company Advantages

  1. Lower risk borne by shareholder : As the number of shareholders is more than 7 , the risk borne by each shareholder is considerably low.
  2. Better Management: Since investing in public limited company means providing benefits to the interests of public at large.The top management will always try best to improve its activities by employing professionals and experts.
  3. Better Promotion: Very often Public Limited company offer for subscription for the  equity shares of a Public limited company. thus Offering for subscription for the equity share is also indirectly related with promotion of the products and services.
  4. Capital: Raising capital is much easier for a public limited company through public subscription as well as share market.

5 Steps For Company Registration

1. Application of DSC & DPIN :

First of all, the partners have to apply for Digital signature and DPIN. Digital signature is an online signature used for filing and DPIN refer to Directors PIN number issued by MCA. If the directors already have DSC and DPIN, then this step can be skipped.

2. Name approval :

You need to provide 3 different options for your company name to MCA of which one will be selected. Names provided should ideally be unique and suggestive of company business.

3. MOA & AOA submission :

Once name is approved, one needs to draft Memorandum of association and Articles of Associate. Both MOA and AOA are filed with the MCA with the subscription statement and

4. Get incorporation certificate :

It typically takes 15- 25 days to form a Private limited company and get the incorporation certificate. Incorporation certification is a proof that company has been created. It also includes your CIN number.

5. Apply for PAN, TAN and Bank account :

Then you need to apply for PAN and TAN. PAN and TAN are received in 7 working days. Post this, you can submit the Incorporation certificate, MOA, AOA and PAN with a bank to open your bank account.

Minimum Requirements For Company Registration

Minimum 7 Shareholders are required

Minimum 3 Directors are required

Minimum Share Capital 500,000 (INR Five Lac)

DIN for all the Directors

Atleast one Designated  Director should be an Indian Resident

Factors To Consider In Company Name Selection

The name of your company is the first impression to your Investors, buyers, creditors and stakeholders. Name should be relevant, unique and attractive. There are various factors that you should keep in mind while naming for your company.

Short & Simple

The name should be concise. People should be able to pronounce it  easily and they should be able to remember your company’s name easily.

Meaningful

The name of your company should be  directly or indirectly related to your business. It should fit the company’s branding.

Unique

Name of your company should not be same or identical to an existing company or trademark as per Companies Act 2013.

Suffix

The name of your company should end with the suffix “Ltd” in a case of a Public limited company.

Should not be illegal

The name of your company should not be against law.

Frequently Asked Questions

ROC is a Administrative Government office who will give registration of your company . In India, Every State has 1 ROC office except Maharashtra and Tamilnadu where there are 2 ROC offices.
MOA means Memorandum of Association. It outlines the nature and Objectives of a Business . The memorandum includes the company’s name, registered company address, the company’s aims and objectives, limited liability clause, share of capital, and other related company information.

AOA  means Articles of Association. These are the bylaws or rules based on which important matters like main business of the company or meetings is decided. These are standard legal documents prepared by Company Secretaries during registration of the Company.

Capital means investment made by shareholders into the company.

Authorised capital is an amount up to which company can issue shares. Authorised capital is mentioned during incorporation of the company based on which ROC registration fees and stamp duty is paid.
The Authorised capital is mentioned in the Memorandum of Association of the Company under heading of “Capital Clause”. It is even decided prior to incorporation of the Company.

The Authorised capital can be increased at any time in future by following necessary steps as required by law.


Paid up capital
 is a amount of money received by Company for which Company will issue shares to the shareholders.

Director Identification Number (DIN) is a unique identification number required for a person to become a director of a company. DIN is issued by ROC office (Ministry of Corporate Affairs)

It is similar to a PAN Card number.DIN is to be mentioned in documents while appointing a person as a director of a company.

A digital signature is electronic signature, which is in the form of codes. It is used for signing the electronic forms, filed with ROC for incorporation of Company. Digital Signature cannot be used in physical documents.

Company name is very important part in registration of company. The company name is divided into 3 Parts:
1) Keyword (brand name like TATA or Flipkart)
2) Activity word(i.e. showing nature of business like Software)
3) Business Type word (i.e. Pvt. Ltd. or LLP). For Incorporation of company, the suggested name should not match with existing companies or trademark.

No.
Once the company is formed, it will be valid till it is officially dissolved/surrendered. No renewal or fees is required.
However, every year companies have to do Annual Compliances related with ROC.

DhanTax can incorporate a Public Limited Company within 20-30 days.

The time took also depends on relevant documents provided by the applicant and speed of approvals from government.

To ensure speedy registration, please pick a unique name for the proposed Company and make sure you have all the required documents prior to starting the registration process.

You need to start the Public Limited company with a minimum capital of Rs. 5,00,000.
You can also show that the capital has been utilised as the pre-incorporation expenses of the startups e.g, private limited registration expenses.

You can also show this capital has been infused in form of assets such as computers etc.

No, There is no requirement of a proper office.
You can even register your company at your residential address.
It is perfectly legal to start the company at your house.

There is absolutely no hidden charges. DhanTax Package charges are inclusive of every charges.
DhanTax will send you an Bill with mentioning word “no hidden charges”.
DhanTax team  will provide professional service efficiently for your business growth.

Why Choose DhanTax

16+ Offices in India

Fast & Best Quality of Services

Reasonable Cost

6+ Years Experience

Testimonials

Previously, I have used multiple offline & online CAs/ Lawyers. but DhanTax clearly provided me the best service with reasonable price and fast. Annual Company compliance service provided to my company is awesome.

Prince Kumar

ELECTROWAIN TECHNOLOGIES PRIVATE LIMITED- CEO and Managing Director

They picked up and organised us, to the level that astounded me. Today we are experiencing a 24% growth and world wide coverage. We don’t have stress regarding company legal & Taxation compliance. DhanTax is providing us best services.

Vivekananda Kushwaha

GROWSTAIR TECHNOLOGY PRIVATE LIMITED- Company CEO

I will highly recommend DhanTax for newly startups given its quality support & best Services.

Mukul Chaturvedi

Ircon International Limited – Finance Manager

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