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- Complete guide for registration (Process, Required Documents, Benefits and Tax etc.)
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A Public Limited Company (PLC) is a type of company whose shares can be offered to the general public and may be traded on a stock exchange.
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Identity Proof (Aadhaar / Voter ID card, Driving License) of all the designated Directors and Shareholder
Address-proof of the Directors and Shareholders
Directors’ and Shareholders’ PAN Card details
Residential proof of the registeredBusiness Address (Telephone / Gas / Water / Electricity bill which should not be older than 2 months)
An NOC or No Objection Certificate from the of the business place’s owner
Company’s Memorandum of Association & Article of Association
In a Public Limited Company, the accountability of the Shareholders and Directors is limited according to the amount of the shares they own in the organization. For instance, if the public limited company face any financial emergencies,the personal assets of the shareholders will not be affected as per the regulations.
Unlike a Private Limited organization, Public Limited companies can list themselves to the IPO (Indian Public Offerings) and the popular Stock Exchanges. This leads to several business-related benefits and opportunities.
in a Public Limited Company, the existence of the entity does not depend on any individuals’ presence in the organization. For example, any Shareholder or Director may leave the organization without affecting the actuality of the particular Public Limited Company.
A Public Limited Company can raise its resources by crowd-funding or from the common people’s involvementfollowing the legal aspects. It helps an entity surviving in the marketplace and going for new ventures with ease.
Following the regulations of the Companies Act, 2013, the shares of a Public Limited company can be transferred without any hassle. Added on that, being listed in the Stock Exchange andtransferability feature, people are always willing to invest leading to financial aids for the same.
As a Public Limited company involves public interaction and involvement in all the stages, the organization always looks for clarity in the business operation by publishing the Audit Credentials, Statutory Reports to its people.
it is always beneficial for an organization while being registered as a Public Limited company. Being listed in the Stock Exchange and publishing the reports to its people enhances its Brand Image and reputation in the market
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We will start Drafting the Requirements to the ROC & MCA
Following the DIN & DSC registration,will proceed for Business Name Approval
Congratulations! Your Public Limited Company is registered successfully
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