A Public Limited Company under Company Act 2013 is a company that has limited liability and offers shares to the general public. It’s stock can be acquired by anyone, either privately through (IPO) initial public offering or via trades on the stock market. A Public Limited Company is strictly regulated and is required to publish its true financial health to its shareholders. Any Public company should have at least 7 shareholders and no limit for maximum shareholders and should have at least 3 Directors. Public Company is required to comply with more strict compliance as compared to a private company.
Minimum 5 Lakh Authorized Capital
Minimum 3 Directors
Minimum 7 Shareholders
A Unique Business name
Easier Access To Funding
Easy Shares Trading
Documents Required
- Identity Proof and Address Proof
a. Passport/ Aadhar card/ Voter ID/ Driver’s License of directors and shareholders,
b. PAN card, and
c. Utility bills or Bank Statements as address proof. - Proof of Registered Office
a. Ownership of Property- Any utility bill like an electricity bill or corporation tax receipt not later than 30 days.
b. Right to use the Property- Rental Agreement or No Objection Certificate (NOC) from the owner. - Memorandum of Association (MOA) and Articles of Association (AOA) of the Company
a. MOA defines the objectives and scope of activities.
b. AOA outlines the internal regulations and governance structures. - Declaration and Consent of the proposed Directors
a. Form DIR-2 is the official consent to assume the director role within the prospective company.
b. Form INC- 9 is the official declaration for all the proposed Directors.
What You will get
- Company PAN & TAN
- Company Name Approval
- MOA & AOA
- Incorporation Certificate
- DSC
- DIN