Public Limited Company Registration

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Know More About Public Limited Company Registration in India

In India, the Public Limited Company Registration is one of the business entity types. In contrast to Private Limited Companies, Public Limited Companies issue shares to the general public. In general, entrepreneurs initially register their business as a private company, build solid financials, and, if they wish to expand the business, convert it into a public limited company and issue shares to the public. They will collect capital contributions by SEBI (Securities Exchange Board of India) and Stock Exchange regulations.

Consequently, the claims of these companies are traded on stock exchanges, and the shareholder’s shares may be sold on the open market. These businesses whose names end in LIMITED are easily identifiable. Example: WIPRO LIMITED, TATA STEEL LIMITED, INFOSYS LIMITED, etc., Members of public limited companies will have limited liability to the extent of their share capital, similar to members of private limited companies, but public limited companies have additional compliance requirements.

The Central Registration Center (CRC), Manesar, Haryana, regulates Company Registration on behalf of each state’s Registrar of Companies, Ministry of Corporate Affairs, Government of India. Companies are governed by the Companies Act of 2013. The Government of India announced on January 26, 2018, that there is no incorporation fee for companies with an authorized share capital of up to Rs. 1,000,000/- (Rupees Ten Lakhs), which has since been increased to Rs. 15 lakhs. As usual, the remaining fees apply, including Name Availability, Stamp Duty, Permanent Account Number (PAN), and Tax Deduction and Collection Account Number (TAN).

A Public Limited Company Registration is your best option if you have plans for long-term growth and expansion.

Registration of Businesses in India vs. Abroad:

In India, businesses are registered as Private Limited Companies (PVT LTD), Limited Companies (LTD), and Limited Liability Partnerships (LLP). In contrast, in western nations, companies are registered as LLCs, Incs, PJSCs, and GMBCs, and limited liability is the same regardless of the entity’s name.

In India, the registration of Public Limited Companies is conducted entirely online. Business Setup in India is the right team for you if you wish to register your business. Register your business with us online today, and you’ll be on your way to operating a registered company within 10 business days.

Minimum Requirements to register a Company:

Directors	Three Directors
Shareholders	Seven Shareholders
Authorized Share Capital	Rs.7
Paid-up Share Capital	Rs.7

There must be three directors and seven shareholders. Directors and shareholders may be the same, and they must be majors. The director must be a natural person, whereas the shareholder may be a corporation. One of the directors must be a Native American resident.
Authorized Share Capital is the maximum share capital that can be invested in a company.
Paid-up Share Capital is the maximum amount of Share Capital that can be deposited into the Company's bank account.

Advantages of a Limited Liability Company Registration:

Limited Liability:

The members of the Company have limited liability. Directors and shareholders are not personally accountable for the Company’s debts. For instance, when a company defaults on the repayment of a debt or loan, the Directors or Shareholders’ assets are protected. They can only recover the debt amount by selling the Company’s assets.

Fund Raising:

Venture Capital and Angel Investors are focused on Company-type businesses for equities investments because they do not prefer to be involved in day-to-day operations. The Company is governed by its Directors, whose shareholders are the Company’s investors and whose management is overseen by the Company’s Directors.

Employee Attraction:

Attracting Talented Employees Talented employees prefer Company businesses over Partnerships or Sole Proprietorships. By issuing Employee Stock Options, a company can retain talented workers. Employees of reputable companies can quickly obtain low-interest loans from banks.

Director Dual Role:

The Company’s Director may also be an employee. He can rent or lease his property to the Company and collect rent, give the Company a loan and receive a loan from the Company, and provide the Company with goods or services in exchange for payment.

Separate Entity:

Members of the Company may come and go, but the Company itself cannot, indicating that the members and the Company are distinct entities. A company can own and sell assets in its name, sue, and be sued in a court of law.

Option for Simple Exit:

Members can quickly leave the Company by signing a Share Transfer Form, and members of Listed Companies can quickly sell their shares on the Stock Market. In Private Limited Companies, a change in ownership is accomplished by transferring shares and signing Share Transfer forms.

Register your Company with us for less! Start here & Save! Contact Now!

Get Certificate, DINs, DSCs, MOA, AOA, PAN, TAN, GST, MSME, IEC, PF, ESI, PT*, Bank A/c, Share Certificates & GST Software along with your CIN under 10 working days!

How to Register a Public Limited Company

Below are the three steps involved in registering a company.

What All You Get

Why Business Setup in India?

Since our inception as an Official Company Registration Agent, we have maintained close ties with the Ministry of Corporate Affairs, Government of India. From day one, our intention has been to offer a streamlined incorporation procedure that is quick and easy to utilize. Today, our system for company registration is among the most efficient and effective in India. You can file an application for a new company name in slightly more than 5 minutes, and your firm will often be fully registered within 3-5 days. In addition to maintaining affordable pricing for company formation, we are constantly investigating new ways to bring value to our clients. We are proud to be one of the least expensive ways to establish a business in India.

We have the knowledge to advise clients on the appropriate company structure to implement. The majority of our clients want assistance registering a business limited by shares. The limited company structure is prevalent because it permits the distribution of profits to shareholders while safeguarding them through restricted liability. Our team has more than 2 decades of experience founding companies and providing corporate and secretarial services, which aids in the growth of tens of thousands of our clients’ enterprises each year.

We are tremendously passionate about the quality of our service, and we are incredibly proud of the reviews we get from our customers, as evidenced by our outstanding reviews and ratings. Continually, our team is chosen due to the value and skill for which it is renowned. We have helped form the industry by giving our customers innovative business services and packaged solutions that have grown alongside their demands.

Our clients have access to complimentary help from a team of experts. We are always prepared to assist. Throughout the registration of your Company, you will be enabled to contact us by phone or email if you require assistance.

No Hidden Charges

We believe in transparent and straightforward pricing. The price displayed is the price paid. There are no additional fees associated with business registration.

Rapid Service

You can file an application for a new company name in slightly more than 5 minutes, and your firm will often be fully registered within 3-5 days.

20 Years of Expertise

Our staff has over 2 decades of experience, making us specialists in our industry. Take the stress out of establishing your business, and rest easy knowing you have the assistance you need to thrive.

Reliable Service

Today, our customers expect exceptional service. Because of this, we are very pleased that 99 percent of our customers have rated us as "Great" or "Excellent" on Google.

Simplicity

The entire procedure, from ordering to utilizing your company registration license, is designed to be as simple and direct as possible to aid in the growth of your firm.

Privacy and Protection

Customer confidentiality and safety come first. We safeguard your financial, business, and personal information to the utmost degree.

What Comes Next Following the Public Limited Company's Registration?

Congratulations on the registration of your new Limited Liability Company. Most entrepreneurs do not know what to do after registering their Company. The other mandatory registrations and statutory compliance requirements of a company are listed below.

Annual Public Limited Compliance

Different Registrations

Let's Deal With Your Confusions

DIN is the abbreviation for Director Identification Number. Following the incorporation of the Company, every director will be assigned a unique Director Identification Number. With this DIN, he or she can register an unlimited number of businesses.

A DIN holder is required to submit his KYC to the MCA annually by the 30th of September or face a penalty of Rs. 5,000/-.

DSC is an abbreviation for Digital Signature Certificate. Shareholders must possess a Class-III Digital Signature Certificate in order to register their organization.

There are various organizations that issue Class-III DSCs. These organizations are referred to as DSC Certifying Authorities. We have formed a partnership with eMudhra Tamil Nadu. eMudhra is one of India's most prominent Digital Signature Certifying Authorities.

Approved share capital is the maximum amount of capital that shareholders are permitted to invest in the Company. In actuality, this is the permitted investment limit for Equity Share Capital.

Paid-up share capital is the amount of money shareholders deposit into the Company's bank account towards share capital.

Now, a business can be registered with a minimum share capital of Rs. 2/-or investment of Rs. 1/- from each shareholder.

A CIN is an identification number assigned to a company by the Ministry of Corporate Affairs when they are issued the Certificate of Incorporation.

It might serve as the Company's identification number.

If we apply for direct incorporation without a Certificate of Name Availability, the process could take between three and five business days. Occasionally, it can be implemented in a single day.

However, it is recommended to apply for a company name before incorporation, which may take between 10 and 15 days.

Yes!

No, you cannot register a company on your own since Professionals such as a Company Secretary or a Chartered Accountant must digitally sign the application forms alongside a Director before your Company can be registered.

The minimum share capital for a two-person private limited company is Rs. 2/-, while the minimum share capital for a one-person private limited company is Rs. 1/-.

At Business Setup in India, we simplify the process of starting and running a successful business. Our expert team offers comprehensive services, from legal support to accounting and business advisory, tailored to meet the needs of entrepreneurs and companies.

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Public Limited Company Registration

Know More About Public Limited Company Registration in India