Start Your Public Limited Company with Ease through IndiaFilings!

Start Your Public Limited Company with Ease through IndiaFilings!

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Starting your public limited company registration is straightforward and efficient with IndiaFilings. With a proven track record of expert guidance and a commitment to smooth, compliant service, we streamline the entire registration process. From handling all necessary documentation, including DSC, DIN, MOA, and AOA, to ensuring your company complies with all legal requirements, our team is equipped to support you at every step.

Choose IndiaFilings to leverage our expertise and focus more on growing your business while we take care of the bureaucratic hurdles. 

Get started today and easily establish your public limited company in India.

Search Business Name Search Trademark

Check Business Name Availability

Find if business name can be registered with MCA in India

To register a company in India, the first step is to obtain name approval for the business from the Ministry of Corporate Affairs (MCA). This process takes about 24-48 hours. A private limited company name in India must end with the words private limited. One Person Company ends with (OPC) private limited. LLP end with LLP and Section 8 companies can end with words like foundation, association or institution.

A company name proposed to be registered cannot be identical or similar to an existing company name. Also, every company name must include a word that denotes the activity undertaken. For example, in VERVE Financial Services Private Limited – Financial Services denote the activity undertaken. Check Business Name Availability.

Documents Required For Public Limited Company

Recent Utility BillBusiness Place

Name Significance Letter

Specimen

Proprietorship vs Limited Liability Partnership (LLP) vs Company

FeaturesProprietorshipPartnershipLLPCompany
DefinitionUnregistered type of business entity managed by one single personA formal agreement between two or more parties to manage and operate a businessA Limited Liability Partnership is a hybrid combination having features similar to a partnership firm and liabilities similar to a company.Registered type of entity with limited liability to the owners and shareholders
OwnershipSole OwnershipMin 2 PartnersMax 50 PartnersDesignated PartnersMin 2 DirectorsMin 2 ShareholdersMax 15 DirectorsMax 200 ShareholdersFor One Person Company1 Director1 Nominee Director
Registration Time7-9 working days
Promoter LiabilityUnlimited LiabilityLimited Liability
DocumentationMSMEGST RegistrationPartnership DeedLLP DeedIncorporation CertificateMOAAOAIncorporation Certificate
GovernanceUnder Partnership ActLLP Act, 2008Under Companies Act,2013
TransferabilityNon TransferableTransferable if registered under ROFTransferable
Compliance RequirementsIncome tax filing if turnover is more than Rs.2.5 lakhsITR 5Form 11Form 8ITR 5ITR 6MCA filingAuditor’sappointmentKnow More

Public Limited Company FAQ’s

What is Public limited company in India?

To answer what is Public limited company, It is a publicly traded entity that requires a minimum of seven members, with no limit on the maximum number of shareholders. It allows shares to be offered to the public and traded on stock exchanges. The public limited company meaning depends on this specific function and the process it includes.

What are the requirements to be a Director?

The Director needs to be over 18 years of age and must be a natural person. There are no limitations in terms of citizenship or residency. Therefore, even foreign nationals can be Directors in an Indian Private Limited Company.

What is the capital required to start a Limited Company?

You can start a Limited Company with any amount of capital. However, the fee must be paid to the Government for issuing a minimum of shares worth Rs.5 lakhs [Authorized Capital Fee] during the incorporation of the Company. There is no requirement to show proof of capital invested during the incorporation process.

What is the capital required to start a Limited Company?

You can start a Limited Company with any amount of capital. However, the fee must be paid to the Government for issuing a minimum of shares worth Rs.5 lakhs [Authorized Capital Fee] during the incorporation of the Company. There is no requirement to show proof of capital invested during the incorporation process.

Is an office required for starting a Limited Company?

An address in India where the registered office of the Company will be situated is required. The premises can be commercial/industrial/residential where communication from the MCA will be received.

Do I have to be present in-person to incorporate a Limited Company?

No, you will not have to be present at our office or appear at any office for the incorporation of a Limited Company. All the documents can be scanned and sent through email to our office. Some documents will also have to be couriered to our office.

What are the documents required for incorporation?

Identity proof and address proof are mandatory for all the proposed Directors of the Company. PAN Card is mandatory for Indian Nationals. In addition, the landlord of the registered office premises must provide a No Objection Certificate for having the registered office in his/her premises and must submit his/her identity proof and address proof.

How long it will take to incorporate a Company?

How long it will take to incorporate a Company?

IndiaFilings.com can incorporate a Limited Company for in 14-20 days. The time taken for incorporation will depend on the submission of relevant documents by the client and the speed of Government Approvals. To ensure speedy incorporation, please choose a unique name for your Company and ensure you have all the required documents prior to starting the incorporation process.

How long is the incorporation of the Company valid for?

How long is the incorporation of the Company valid for?

Once a Company is incorporated, it will be active and in existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the Company will become a Dormant Company and may be struck off from the register after a period of time. A struck-off Company can be revived for a period of up to 20 years.

What is the Director Identification Number?

Director Identification Number is a unique identification number assigned to all existing and proposed Directors of a Company. It is mandatory for all present or proposed Directors to have a Director Identification Number. Director Identification Number never expires and a person can have only one Director Identification Number.

What is the authorized capital fee?

The authorized capital of a Company is the number of shares a company can issue to its shareholders. Companies have to pay the Government an authorized capital fee to issue shares in a Company. Companies have to pay an authorized capital fee of a minimum of Rs.5 lakhs.

What are the statutory compliances required for a Limited Company?

A limited company must hold a Board Meeting at least once every 3 months. In addition to the Board Meetings, an Annual General Meeting must be conducted by the Private Limited Company, at least once every year.

Can NRIs/ Foreign Nationals be a Director in a Limited Company?

Yes, a NRI or Foreign National can be a Director in a Limited Company after obtaining Director Identification Number. However, at least one Director on the Board of Directors must be a Resident India.

Can NRIs/ Foreigners hold shares in a Limited Company?

Yes, NRIs / Foreign Nationals / Foreign Companies can hold shares of a Limited Company subject to Foreign Direct Investment (FDI) Guidelines.

What are the FDI guidelines for Foreigners in a Limited Company?

100% Foreign Direct Investment is allowed in India in many of the industries under the Automatic Route. Under the Automatic Route, only a post-investment filing is necessary with the RBI indicating the nature of investment made. There are a few industries that require prior approval from the RBI, in such cases, approval must first be obtained from RBI prior to investment.

What if the difference between a Public and a Private Limited Company?

A Public Limited Company is a Company that is listed on the recognized stock exchange and the securities of a Public Limited Company are Traded publicly. A Private Limited Company is not listed on the stock exchange and the securities are held by the members privately.

What are the types of Public Limited Companies?

Private Limited Company is of three types: A company that is limited by the shares A company that is limited by guarantee. Unlimited Company

What are the advantages and the disadvantages of a Public Limited Company?

There are several advantages of incorporation like they offer Limited Liability protection, transferability, borrowing capacity, and others. Whereas the disadvantages of a Public Limited Company are such that a Public Limited Company is difficult to form, there are a lot of legal formalities, lack of secrecy, and a lot of regulatory requirements.

How many people are required to incorporate a Limited Company?

To incorporate a Limited Company, a minimum of seven people are required. A Limited Company must have a minimum of three Directors and seven shareholders.

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