What is Public Limited Company Registration?
A Public Limited Company is defined under Section 2(71) of the Companies Act, 2013 as: “(1) A Company which is not a private company and (2) has a minimum paid-up share capital of INR 5 lakhs”. Under the Companies Act, 2013, a Subsidiary Company shall be deemed to be a Public Company if it is not a Subsidiary to a Private Company, even if it is a Private Company as per its AOA.Public Limited Companies are companies whose shares are traded in stock market or issues fixed deposits. To register a Public Limited Company in India, a Minimum of 3 Directors, Minimum of 7 Shareholders and Minimum Capital of Rs. 5 Lakhs is required. Public Limited Company registration is a legal process that allows a company to be publicly traded on the stock exchange. This status offers numerous advantages and opportunities for growth and expansion. Below, we delve into the essentials of Public Limited Company registration, including the required documents, benefits, and frequently asked questions.
Documents Required for Public Limited Company Registration
The following documents are required for the GST registration process.
- Applicant's PAN
- Aadhaar card
- Evidence of business registration or Incorporation certificate
- Promoters/Director's Identity and Address proof with Photographs
- Business location Address proof
- Bank Account statement or Canceled cheque
- Digital Signature
- Letter of Authorisation or Board Resolution for Authorised Signatory
Why We Need Public Limited Company Registration
- Market Presence: Public Limited Company registration enhances market presence and visibility, facilitating business growth.
- Access to Capital Markets: It provides access to capital markets for raising funds through the issuance of shares and debentures.
- Business Expansion: Public Limited Companies have greater potential for expansion and diversification due to access to a larger capital base.
- Legal Compliance: Registration as a Public Limited Company ensures compliance with legal requirements and regulatory standards.
- Investor Confidence: Public Limited Company status instills confidence in investors, leading to increased investment opportunities.
Benefits of Public Limited Company Registration
Incorporation
₹ 24999*
Taxes Applicable
- Name Approval Application
- Certificate of Incorporation
- MOA and AOA Drafting
- Company Identification Number
- Digital Signature for 7 Shareholders
- DIN for 3 Directors
- PAN Registration
- TAN Registration
- GST Registration
- MSME Registration
- ESI Registration
- EPF Registration
- PT Registration (Only for Maharashtra)
- GSTR-3B Return Filing (12 Returns)
- GSTR-1 Return Filing (4 Returns)
- Unlimited Sales Invoices in Excel
- Unlimited Purchase Invoices in Excel
- GST Payment Support
- Regular reminders and updates upcoming Due Dates
- Phone, Whatsapp & Email Support
- Stamp duty + Government fees Additional*
Incorporation + Filing
₹ 31999*
Taxes Applicable
- Name Approval Application
- Certificate of Incorporation
- MOA and AOA Drafting
- Company Identification Number
- Digital Signature for 7 Shareholders
- DIN for 3 Directors
- PAN Registration
- TAN Registration
- GST Registration
- MSME Registration
- ESI Registration
- EPF Registration
- PT Registration (Only for Maharashtra)
- GSTR-3B Return Filing (12 Returns)
- GSTR-1 Return Filing (4 Returns)
- Unlimited Sales Invoices in Excel
- Unlimited Purchase Invoices in Excel
- GST Payment Support
- Regular reminders and updates upcoming Due Dates
- Phone, Whatsapp & Email Support
- Stamp duty + Government fees Additional*
Special Category States
Under GST, the following are listed as special category states.
- Arunachal Pradesh
- Assam
- Jammu and Kashmir
- Manipur
- Meghalaya
- Mizoram
- Nagaland
- Sikkim
- Tripura
- Himachal Pradesh
- Uttarakhand
Public Limited Company Registration FAQs
There is no minimum capital requirement for Public Limited Company registration.
Yes, a foreign national can be a director in a Public Limited Company, subject to certain conditions.
Yes, a Public Limited Company is required to appoint a company secretary within six months of incorporation.
The registration process typically takes 2-3 weeks, subject to the timely submission of required documents and approvals.
Yes, Public Limited Companies are required to comply with various regulatory and statutory requirements, including filing annual financial statements and holding annual general meetings.
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