REGISTER A PUBLIC Limited COMPANY
STARTING AT RS 14,499/-
Takes 8-10 Days
CONTACT US
What Is A Public Limited Company?
A Public limited Company is a famous form of limited liability form of ownership. The minimum number of persons required to incorporate and operate a Public limited company is seven. Unique features of a Public limited company like limited liability of the shareholders, ability to raise equity funds, separate legal entity, perpetual succession make it the most recommended type of business entity for millions of small and medium sized businesses that are professionally managed.
FEATURES OF A PUBLIC LIMITED COMPANY
Separate Legal Entity
A Public Limited company is a separate legal entity from the persons forming it. The ownership can be distinguished from its management unlike in other business form. A Public Limited Company as a legal entity is capable of owning its funds and other properties.
PERPETUAL ENTITY
People may come and go but the company continuous to live on forever. Perpetual Succession means the company shall continue to exist even if the member dies or ceases, etc. The management may change but the Company shall continue to exist till its wound up in accordance with the provisions of the relevant law.
Limited Liability
The liability of a Public Limited Company is not the liability of its members. Members are only liable for the amount they have undertaken to deposit when they subscribe to the shares of the company. Liabilities of the company are not the liabilities of the people forming it.
RAISING MONEY
The most important advantage of a Public Limited Company is its ability to raise share capital, particularly where the company is listed on a Stock Exchange. Since it can sell its shares to the public, anyone is able to invest their money. The capital that can be raised is typically much larger than a Private Limited company.
EASY TRANSFERABILITY
In case you wish to transfer your business, you can easily do in this incorporated business model unlikely in case of proprietorship or a traditional partnership. It is easy to sell business for a company than any other business form. As business Corporation value will be based on the business, not the owner, therefore making it easy to sell the Company.
MITIGATING RISK
Public Limited Company by offering shares to the public gives an opportunity to spread the risk of the company ownership among a large number of shareholders. This may help the promoters and investors in the company to sell some of their own shares at a profit while still retaining a substantial stake in the company and mitigate risk.
DOCUMENTS REQUIRED
- Photograph of the Members and Directors
- Self-Attested PAN Cards of the Members and Directors
- Self-Attested Aadhar Cards of the Members and Directors
- Voter Id/Driving Licence/Passport of the Proposed Directors
- Latest Electricity Bill/ Bank Statement/ Telephone Bill showing the address of the Directors
- Address Proof depicting the registered office address- Utility Bill- Telephone or Electricity Bill
WHAT YOU GET
- Digital Signature Certificate of 7 Members
- DIN of 3 Directors
- Memorandum of Association
- Article of Association
- PAN of the Company
- TAN of the Company
How We Work
Consult Our Experts
Once you fill in the above details, our expert will call you to understand your requirements in a better way and to brief you about the entire registration process and suggest you the course of action. Upon confirmation of our engagement by you, we will dedicate you a relationship manager who will take care of all your needs.
Send Documents Via Email
We at The Consultant Guru, work towards minimizing the hassles of the client, keeping this moto in mind our executives will give you a single check list of documents needed so that we don’t bother you time and again for documents. In case you are short of a few documents, our consultants help you to provide us the maximum possible alternative documents.
Payments & Filings
We believe in the moto of “Pay as we work”. This requires you pay us step by step in 2 tranches instead of giving the whole sum in one shot. The Consultant Guru facilitate payments through secure online payment gateway. After successfully providing the set of documents and partial payment, our experts will start working and provide with regular updates. You will only be required to pay the final sum upon receiving the Certificate of Registration.
Frequently asked questions ABOUT PUBLIC LIMITED COMPANY
Every person who proposes to become a director of a company is required to obtain a DIN. A DIN is linked to your PAN Card and is required to be obtained only once in a Life time.
The Directors of the company are required to sign various E-Forms on behalf of the company. A DSC is required to show the authority of the person signing the various forms on behalf of the company.
Yes, a company must have a registered office in India. MCA sends all the communications to the registered office of the company. It need not be a commercial place. You can have your residence as Company’s registered office.
No, the directors and members can be different persons or entity.
It usually takes 7-10 days to incorporate a company if there are no objections from MCA against the name or any documents submitted to incorporate a company.
Yes, the minimum number of shareholders in a Public Company is seven and minimum number of directors required is three.
THE CONSULTANT GURU
The Consultant Guru is a web portal owned and managed by Amrit Pal Singh & Co.
Email: info@theconsultantguru.com
Phone: 8178985151, 8287569721