Public Limited Company Registration In India
A Public Limited Company Registration in India partakes in every one of the honors of a corporate element along with the highlights of Limited Liability. A Public Limited Company Registration gets recorded with the stock trade to raise capital from the overall population. Consequently, the Public Ltd Company needs to follow different guidelines of the public authority and begin a Public Ltd Company Registration in India
Likewise, the standards and the guidelines of a Public Limited Company Registration in India are more unbending and severe in comparison with the Private limited Company. In any case, it is smarter to consolidate a Public Limited Company Registration in India as it gives the advantages of a Private Limited Company. with highlights like simple adaptability and responsibility.
Suppose you want to go for “Public Limited Company Registration in India”. In that case, you can completely trust Biat consultants because we will assist you with all the technicalities related to Public Limited Company Registration online in India. Our team of professionals will provide you with all the relevant information associated with Public Limited Company Registration Online like fees, process, name availability, registration certificate, etc
Minimum Requirements for Public Limited Company Registration in India
Some Basic Requirements of Public Limited Company Registration in India are
- A minimum of 7 shareholders is required to form a Public Limited Company. Registration in India
- A minimum of 3 Directors is required to form a Public Ltd Company Registration in India.
- A minimum share capital of Rs.5 lakh is required for Public ltd Company Registration in India
- DSC of one of the Directors is needed when the self-attested identity copies and address proof are submitted.
- DIN for the Directors is necessary for Public Ltd Company Registration in India.
- Application is to be made for the selection of the Name of the Company.
- An application that comprises the main object clause of the company is made. This object clause will define the main objectives of a Company after the incorporation.
- The application is submitted to the ROC along with the necessary documents like MOA, AOA, a duly filled form DIR-12, Form INC 7, and Form INC -22 is needed.
- Payment of the registration fees that are prescribed by the ROC.
- Once the ROC has been approved the company should apply for the business commencement certificate.
What are the Features of Public Limited Company Registration Online In India
Here are a few significant Features of Public Limited Company Registration Online In India
- Number of Directors in the Company- As expressed in the arrangements of the Companies Act, a Public Limited Company should have a base number of 3 Directors to consolidate an organization while there is no limitation on the most extreme number of Directors
- Name of the Company- Every one of the Public Limited Company should add a "Limited" word toward the finish of their name. it is indicated as a personality of a Public Limited Company.
- Outline of the Company- The outline of the Company is compulsory for the Public Limited Company. It is given by the proposed organization for its overall population. It is a note of exhaustive proclamations of works and undertakings of the organization. Anyway, privately owned businesses have no such compliances as they don't have the freedom to welcome general society for their portions.
- Settled-up Capital- According to the necessities of the demonstration, no base capital is expected for enlistment.
Process Followed by Company Registration Consultant for Public Limited Company Incorporation in India
Steps followed by Company Registration Consultant for Public Limited Company Incorporation in India:
- Digital Signature Certificate (DSC)- Since the registration procedure of a company is entirely online, a digital signature will be required for filing the forms on the MCA portal. For all proposed directors as well as the subscribers of the memorandum and articles of association, DSC is compulsory.
- Director Identification Number (DIN)- It is an identification number concerning a director; it has to be procured by anyone who intends to become a director in a company. The DIN of a proposed director in addition to the name and address proof has to be mentioned in the company registration form.
- Registration on the MCA Portal- A completed SPICe+ form has to be submitted on the MCA portal to apply for company registration. To fill out the SPICe+ form and submit the required documents, the Director of a company needs to register on the MCA portal. After the registration process is completed, the director will get access to the MCA portal services which comprise filing e-forms as well as viewing public documents.
- Certificate of Incorporation- After the registration application is submitted along with the concerned documents, the Registrar of Companies will inspect the application. After the application is verified, he will issue the Certificate of Incorporation of the Public Company.
Overall, the Public Ltd Company Registration Process can take up to 20-25 days, depending on the time taken for name approval and document processing by the ROC. It is important to ensure that all the necessary company registration documents are submitted accurately and on time to avoid any delays in the Company registration process.
What are the Necessary Public Limited Company Registration Documents to Register a Company in India
Some of the Necessary Public Limited Company Registration Documents to Register a Company in India are
- Memorandum of Association (MoA): This document defines the company's objectives, powers, and scope of activities.
- Articles of Association (AoA): This document outlines the rules and regulations for the company's internal management, including the appointment of directors, their powers, duties, and responsibilities, and the conduct of general meetings.
- Form DIR-2: This form provides the consent of the directors to act as such and also includes their personal information, including their address and contact details.
- Form INC-9: This form verifies the subscribers to the Memorandum of Association, including their identity, address, and signature.
- Form INC-10: This form verifies the registered office of the company, including its address and the documents proving the ownership or tenancy rights.
- PAN card of the company: This document is required to obtain a permanent account number (PAN) for the company.
- Identity proof and address proof of the directors: These documents can be a passport, driving license, voter ID card, or Aadhaar card.
- Address proof of the registered office: This can be a utility bill, rent agreement, or property tax receipt.
- Digital Signature Certificate (DSC) of the directors: This is required to sign the electronic forms submitted for registration.
- Certificate of Incorporation (COI) and Certificate of Commencement of Business (if applicable): These documents will be issued by the Registrar of Companies (RoC) upon successful registration of the company.
These are the Necessary Public Limited Company Registration Documents to Register a Company in India. The exact list of Company Registration documents may vary depending on the specific requirements of the state and the nature of the business.
Benefits of Choosing BiatConsultants as a Public Limited Company Registration Consultant:
Some Benefits of Choosing BiatConsultants as a Public Limited Company Registration Consultant are
- Team of Experts CA and CS for smooth processing
- Multiple Happy Customers from all over India
- Dedicated Customer Support for all your Queries
- Dedicated Customer Support for all your Queries
- Smooth Online process without traveling anywhere
- Year of Experience and still counting.
Public Limited Company Registration Process
FAQ
Copy of pan,
Identity proof,
Address proof,
and Passport-size photo.
Ownership proof,
NOC(in download format).
1.Separates business operations from ownership.
2.Stock ownership to employees(current and prospective).
3.Can list its share on Indian stock exchanges.
4.Can accept deposits from the public.
Register a startup company in India involves several steps and procedures. Here's a general overview of the process:
- Choose a business structure: You need to decide the type of business structure you want to set up, such as a Private Limited Company, Limited Liability Partnership (LLP), Sole Proprietorship, Partnership, or One Person Company (OPC).
- Obtain Director Identification Number (DIN) and Digital Signature Certificate (DSC): The proposed directors of the company need to obtain a DIN and DSC.
- Name Reservation: You need to apply for a name reservation for your company through the Ministry of Corporate Affairs (MCA) online portal. You need to provide at least six different names in order of preference.
- Incorporation: Once the name is approved, you can file the incorporation documents with the Registrar of Companies (ROC) online, along with the required fees and documents.
- Obtain PAN and TAN: You need to apply for a Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for your company from the NSDL website.
- GST Registration: If your company is involved in the sale of goods or services, you need to register for Goods and Services Tax (GST) through the GST portal.
- Open a bank account: Once your company is registered, you need to open a bank account in the name of the company.
It is advisable to consult a professional such as a company Registration Consultant like BiatConsultant to guide you through the process and ensure that all the legal requirements are met.
A company registration certificate is a legal document that confirms the registration of a company with the government. It is also known as a certificate of incorporation or certificate of registration. The certificate typically contains the following information:
- The name of the company
- The registration number assigned by the government
- The date of incorporation
- The registered office address of the company
- The type of company (e.g., private limited company, public limited company, etc.)
The company registration certificate serves as proof of the company's legal existence and is usually required when opening a bank account, applying for business licenses, or entering into contracts with other businesses or individuals.