Public Limited Company

Rs.14,990.00

Get a free consultation for Public Limited Company registration and business startup by scheduling an appointment with a TaxFino Expert.

Public Limited Company

Price: Rs.14,990.00

A public limited company provides limited liability to its shareholders. It can raise capital by selling shares to multiple investors. A minimum of 3 Directors and 7 shareholders are required for establishing a Public Limited Company. There is no maximum cap on the number of shareholders. It has more stringent regulatory requirements compared to a Private Limited Company.

A public limited company has most of the characteristics of a private limited company. A public limited company has all the advantages of a private limited company and the ability to have any number of members, ease in transfer of shareholding, and more transparency.

The average time taken to complete company formation is about 7-10 working days, subject to government processing time and client document submission. Get a free consultation for Public Limited Company registration and business startup by scheduling an appointment with a TaxFino Expert.

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Benefits

  • Separate Legal Entity with Perpetual Existence

  • Limited Liability of Shareholders

  • Lower Tax rate (25%)

  • Preference by Banks and Financial Institutions
    for Loan/Finance

  • Ability to raise Funding from within &
    outside India

Eligibility

To incorporate a Public Limited Company a minimum of 3 Directors and 7 shareholders are required over the age of 18 years with at least one person being an Indian citizen and resident.

OUR PRICING PLANS

Pricing Package Comparison

Public Limited Company Plan
Rs.14,990
Dedicated Relationship Manager Yes
Certificate of Incorporation Yes
Memorandum & Articles of Association Yes
Name Approval Yes
Digital Signature for 3 Directors Yes
Director Identification Number (DIN) for 3 Directors Yes
Share Certificates Yes
PAN Yes
TAN Yes
Government Charges Included Yes
Stamp Duty Included Yes
Assistance with Bank Account Opening Yes
Regular Compliance Updates Yes
Email & Telephonic Support Yes
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*Exceptions: Stamp Duty on incorporation in Madhya Pradesh and Punjab states, and on share certificates is not included.

Documents

  • Photograph
  • pan card
  • Utility Bill (not older than 2 months)
  • If rented, then NOC from owner
  • ID Proof (Any of the following)
    • Voter ID Card
    • Passport
    • Driving License
  • Address Proof (Any of the following)
    • Bank statement
    • Electricity bill
    • Telephone/Mobile bill
FAQ

Do you have Any question

What is Limited Liability?

Shareholders of a Public Limited Company enjoy Limited liability. It means that the shareholders’ liability for company’s debts, legal obligations and other dues is limited only to the extent of their shareholding in the company. Unlike proprietorships and partnerships (where the liability is unlimited), the liability of the shareholders in respect of the company’s liabilities is limited in a Public Limited Company.

Authorized capital is the maximum value of equity shares that can be issued by a company. Authorized capital can be increased after incorporation at any time to issue additional shares to the shareholders.
Paid up capital is the amount of shares actually issued by the company to shareholders.
Minimum Authorized and Paid Up capital for a Public Limited Company is Rs.5 lac.

Minimum 3 Directors & 7 Shareholders are required to form a Public Limited Company. An individual can be company’s Director as well as Shareholder.

Yes, an NRI or foreign national can become Director in the Company, but there should be at least one Director who is Resident of India.

No, you can also start a Public Limited Company declaring your residential premises as registered office of the Company for all correspondence.

Yes, a rented house/office can be registered office of Public Limited Company. You just need an NOC from owner to use the premises as registered office (We will draft the NOC for you).

You can raise funding from Investors, Venture Capitalists and general public if you’re registered as a Public Limited Company.

No, you just need to share scanned copy of documents.

No, your physical presence is not required during the process.

Yes, stamp duty is charged by the state in which your Company’s registered office is located. This stamp duty is included in the package (partly for Madhya Pradesh & Punjab). Our Experts will guide you regarding additional stamp duty for Madhya Pradesh & Punjab.

A Digital Signature establishes identity of the signer; therefore, the Ministry of Corporate Affairs (MCA) requires filing of incorporation documents and some of the other documents using Digital Signature. Therefore, Digital Signature is required for every Director of a Company.