PUBLIC COMPANY REGISTRATION @15000/- ONLY
WHAT IS INCLUDED IN PACKAGE
Class-3 DSC for Seven Promoters
DIN for Three Directors
Unique Name of the Company
Certificate of Incorporation
MOA & AOA
PAN Card Number the of Company
TAN of Company
PF Registration Certificate
ESI Registration Certificate
Current Bank Account Number
REGISTRATION BUSINESS AS
PUBLIC LIMITED COMPANY
A public limited company is incorporated for large capital requirements and is a suitable option for large scale businesses that require huge capital, so that it can be raised from the public at large through Public Issue of Shares.
It can be registered with a minimum of three directors and Seven subscribers. A person can be both a director and shareholder in a Public Limited Company.
FEATURE AND ADVANTAGES OF PUBLIC LIMITED COMPANY
1. SEPARATE LEGAL EXISTENCE:
A Public Limited Company is a separate legal identity in the eyes of the law. It means assets and liabilities of the business are not same as the assets and liabilities of the directors and shareholders. Both are considered as different.
3. MULTIPLE AVENUES OF FUNDING:
Public Limited Company can raise funds from individuals as well as from financial institutions. The funds may be raised via equity shareholding, preference shareholding or debentures.
2. LIMITED LIABILITY:
If the company undergoes financial distress, the personal assets of members/shareholders cannot be used for paying the debts of the Company.
4. MANAGEMENT AND OWNERSHIP SEPARATION:
The shareholders assign responsibility to operate and run the company without losing control in the form of voting.
5. EASY TRANSFERABILITY OF SHARES:
This is one of the biggest advantages of a Public Limited Company. The shares can be easily transferred by a shareholder to others.
MINIMUM REQUIREMENTS TO REGISTER PUBLIC LIMITED COMPANY
1. UNIQUE NAME OF COMPANY:
The proposed name of the company should be unique one and should not be similar or resemble with an existing company or LLP or Registered Trademark or Trademark applied for.
2. CAPITAL REQUIREMENT:
There is no requirement of minimum Paid up capital to registered a Public Limited Company. Investment can be made as per requirements of business.
3. MINIMUM SEVEN PERSONS:
A Public Limited Company can be registered by at least seven persons, who shall act as the shareholders and directors of the company and out of which at Least One Director must be resident in India.