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Public Limited Company

Wish your shares to be freely traded & sold in the public ? Public Limited Company is for you. Prices Starting from INR 29999/- only.

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What is a Public Limited Company?


All you need to know

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.

 

The liability of each shareholder is limited. In simple words, a shareholder of a public limited company isn’t personally responsible for any loss or debts of the company for any amount greater than the amount invested by them; contrary to partnerships and sole proprietorships, where the partners and business owners are jointly and severally liable for the debts of the business. However, this characteristic of a public limited company does not offer immunity to the shareholders. The shareholders will be held responsible for their own illegal actions.

 

Promptadvisory.com is a group of highly qualified, experienced and dedicated professionals like Chartered Accountants, Lawyers, Company secretaries and IT professionals who facilitates and make sure to provide the best end to end incorporation services for all types of business organisations. We, at Prompt Advisory also provide all kinds of legal, professional, management and advisory services to our clients in India and abroad. At Prompt Advisory, all the services are very quick, easy and affordable. For more information, you may get in touch with our compliance manager on +91 6352119045 or email info@promptadvisory.com for free consultation.

Registration Fees

Choose Your Package
ESSENTIAL
Rs.29999/-
(All Inclusive)
  • 3 Digital Signature Certificates
  • 3 Director Identification Numbers
  • Name Approval
  • Stamp duty on INR 1 Lakh Authorized Capital
  • Company Incorporation
  • MOA & AOA
  • PAN
  • TAN

ENHANCED
Rs.37999/-
(All Inclusive)
  • 3 Digital Signature Certificates
  • 3 Director Identification Numbers
  • Name Approval
  • Stamp duty on INR 1 Lakh Authorized Capital
  • Company Incorporation
  • MOA & AOA
  • PAN
  • TAN
  • Trademark (1 application 1 class) (start ups, proprietorship & small business)

ULTIMATE
Rs.55999/-
(All Inclusive)
  • 3 Digital Signature Certificates
  • 3 Director Identification Numbers
  • Name Approval
  • Stamp duty on INR 1 Lakh Authorized Capital
  • Company Incorporation
  • MOA & AOA
  • PAN
  • TAN
  • Trademark (1 application 1 class) (start ups, proprietorship & small business)
  • 1st Income Tax filing upto turnover of Rs. 50 Lakhs
  • 1 Year TDS Filing upto 1000 entries
  • 1st Annual Filing upto turnover Rs. 50 Lakhs
  • 25 Copies of MOA
  • 25 Copies of AOA
  • 10 Copies of Share Certificate
  • Company Seal

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Why you should form a Public Limited Company?

Points to make your decision easy
More capital
Shares are offered to the general public at large i.e. anyone can invest in a public limited company. Hence, improves capital of the company.
Spreading risk
Since the shares are sold to the public at large the unsystematic risk of the market is spread out.
Growth and expansion opportunities
Due to less risk, there is a perfect opportunity for growing and expanding the business by investing in new projects from the money raised through shares.

Document Required For Public Limited Company

  • Photograph of all the Directors
  • PAN Card of all the Directors
  • ID Proof of all the Directors (Driving License/Passport/Voter ID)
  • Electricity Bill or any other utility bill for the address proof of the Registered Office

How to Incorporate Public Limited Company

5 Easy Steps
 

1

Obtain DSC

2

Reserve Your Company Name

3

Submission of MOA & AOA

4

Get Incorporation Certificate

5

Get Company’s PAN & TAN

 
Fill Simple Checklist
A Compliance Manager will get in touch with you to obtain your documents along with a simple checklist. You need to fill up that checklist and submit along with your documents for processing. Our expert team will verify documents and proceed with registration formalities. All throughout the process, your dedicated Compliance Manager will keep you updated on the progress of Company Registration.
Name Approval
Once you submit your documents along with Checklist, we will proceed with the application of your Digital Signature and subsequently name approval. You may give up to three names of your choice. Names should be unique and suggestive of Company’s business. We will proceed with name approval through a form called “RUN” as prescribed by MCA. It usually takes 1-2 days to get the name approved.
Company Registration
Once the name is approved, we will draft MOA (Memorandum of association) and AOA (Articles of association). We will file incorporation documents with MCA through a form called “SPICe” along with subscription statement. Usually, MCA approves the forms within 2-3 days once filed and issues Incorporation Certificate with CIN. PAN & TAN are allotted alongside. You may then proceed to open your Company Bank Account.

FAQs On Public Limited Company

Get answers to all your queries
  Can NRIs/Foreign Nationals be a Director in Public Limited Company in India?
Yes, an NRI or Foreign National can be a Director in a Public Limited Company in India after obtaining Director Identification Number. However, at least one Director on the Board of Directors must be a Resident of India.
  Is there any limit on a number of shareholders in a Public Limited Company in India?
No, unlike a Private Limited Company a Public Limited company has no limits on a maximum number of shareholders.
  What is Share capital?
When the total capital of a company is divided into shares, is called as share capital. The share capital is the total amount of capital collected from their shareholders for the purpose of achieving the objectives of the company.
About us

We facilitates and make sure to provide the best end to end incorporation services for all types of business. We, at Prompt Advisory also provide all kinds of legal, professional,management and advisory services to our client in India and Abroad, At prompt Advisory all the services are very quick,easy and affordable.

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