Public Limited Company

For medium-sized and larger enterprises seeking to raise equity capital from the public, a limited company is the best form of corporate structure to use. Limited company registration is available from Chokurei Tax Partners for 58,999

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Public Limited Company

Because it may raise money from the public through an initial public offering (IPO) and has no restrictions on the number of shareholders it can have, a public limited company is the one that is always chosen when significant investment is sought from public companies for the listing of their shares at the stock market.

In India, Public Limited Companies are the most common type of corporate entity. A public limited business can raise money from the public by listing on a stock exchange. The maximum number of shareholders in a public limited company is also unrestricted.

A company that is public limited by law is able to offer investors shares, which helps the business raise money. A public limited company must be established with a minimum of three directors and is subject to stricter regulations than a private limited corporation.

Public limited firms are those kinds of businesses where there is no upper limit on the number of members and a minimum of seven. All of the benefits of a private limited company are also available to a public limited company, including increased transparency and simplicity of transfer of shares for any number of members.

A Public Limited Company can be recognized by its name, number of members, shares, formation, management, directors, and meetings, among other characteristics.

  • Incorporation Process
  • Documents Required
  • Choosing a Name
  • Capital Requirements
  • Company Compliances
  • GST Registration
  • Trademark Registration

Advantages of Public Limited Company

Perpetual Existence: A company's existence is unaffected by the owners' status.

Limited Liability: A shareholder's liability is limited to the amount owed on his investment.

Separate Legal Entity: A business, as opposed to partnership firms, has its own legal identity.

Create borrowing Power: Compared to other company forms, companies have superior options for borrowing money.

Access to public funds: Unlike Private Limited firms, public firms are able to invite the public to subscribe for their shares.

No Restriction on share Transfer: A shareholder may transfer his shares to any individual; there are no restrictions on share transfers.

Disadvantages of Public Limited Company

Lost of Control: The company's affairs are concentrated in a small number of hands.

Strict Legal Formalities and Compliances: Public limited corporations must adhere to strict legal requirements and procedures.

Sharing of Profits: Many stockholders share in the company's profits.

Documents Required for Public Limited Company

  • The company's directors' proof of address and pan card
  • Director's passport-sized photo
  • A copy of your voter ID card or Aadhar
  • A duplicate of the business location's EB card or rental agreement
  • Bank Statement or Returned Check for the Company

Basic

58,999

all inclusive fees

  • 8 Class 2 Digital Signatures
  • 3 Director Identification Numbers
  • 1 RUN Name Approval 
  • Upto 10 Lakhs Authorized Capital   
  • Incorporation Fee
  • Stamp Duty 
  • Incorporation Certificate
  • Bank Current Account
  • PAN & TAN
  • 50+ Document Formats
  • Incorporation Kit
  • Hard-copy Share Certificates
  • GST Registration

Eco

78,999

all inclusive fees

  • 8 Class 2 Digital Signatures
  • 3 Director Identification Numbers
  • 1 RUN Name Approval 
  • Upto 10 Lakhs Authorized Capital   
  • Incorporation Fee
  • Stamp Duty 
  • Incorporation Certificate
  • Bank Current Account
  • PAN & TAN
  • 50+ Document Formats
  • Incorporation Kit
  • Hard-copy Share Certificates
  • GST Registration
  • Commencement of Business Certificate
  • Financial Statement Preparation
  • Board Resolution Preparation
  • IE CODE
  • Company profile

Pro

95,000

all inclusive fees

  • 8 Class 2 Digital Signatures
  • 3 Director Identification Numbers
  • 1 RUN Name Approval 
  • Upto 10 Lakhs Authorized Capital   
  • Incorporation Fee
  • Stamp Duty 
  • Incorporation Certificate
  • Bank Current Account
  • PAN & TAN
  • 50+ Document Formats
  • Incorporation Kit
  • Hard-copy Share Certificates
  • GST Registration
  • Commencement of Business Certificate
  • Financial Statement Preparation
  • Board Resolution Preparation
  • 1 Year GST Return Filing (GSTR-3B or GSTR-1)
  • Udyog Aadhar Registration
  • Trademark Registration
  • Bank proposal
  • company profile
  • web portal
  • web design

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