Public Limited Company Registration

Basic Package

27000 + Govt Expenses

  • DSC & DIN (7 DSC / 3 DIN)
  • Company Name Reservation
  • Drafting of Articles of Association (AoA) and Memorandum of Association (MoA)
  • MCA Govt. Fees for authorised capital upto 10 Lakhs
  • PAN
  • TAN
  • Certificate of Incorporation
  • Share Certificates

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Gold Package

65000 + Govt Expenses

  • Inclusive of all services from basic package plus
  • Trademark Registration
  • GST Registration
  • Annual Compliances for one financial year

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Platinum Package

85000 + Govt Expenses

  • Inclusive of all services from Gold package plus
  • Annual Filings (GST Returns)

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What is Public Limited Company

Your decision to begin your entrepreneurial journey starts with the decision of selecting the right business structure to follow with. CorpSeed Welcomes you to the world of business. We respect your idea and want to be partner in your journey. Partner who can advise you to select the right options for your business structure and provide legal and Tech support

Let’s take you to one step more closure to know Public Limited Company incorporation process and its implication on business structure.

Public limited company is the highest corporate structure to start with. Public limited business structure is great for the long run but has more stringent regulatory requirements.
Apart from all the advantages of private limited company, Public limited company has the ability to have any number of members, ease in transfer of shareholding and more transparency.
A public company is a company that has sold all or a portion of itself to the public through an initial public offering (IPO), meaning shareholders have claim to part of the company's asset and profits.

Decision

  • If you plan to proceed for an IPO now or at a later stage
  • Plan to get high financial exposure to source capital from public as Equity or debenture or deposit

Benefits & Liabilities of Public Limited Company

Benefits

  • Shields personal assets from business liability, limits liabilities of Directors.
  • The Public Limited Company continues to exist even after the death of the Shareholder.
  • Unlimited financial exposure to source capital from public as Equity or debenture or deposit
  • High brand image, more transparent & credible compared to other business structures.
  • Easily transferability of ownership by just transferring shares.
  • Public Limited Company being an identity, can own, acquire and alienate, property in its name. Property owned could be anything like machinery, building, patents, intangible assets, land, residential property, factory etc.
  • With compliance, public limited company can list its shares on stock exchange.

Liabilities

  • A Public limited company must hold a board meeting annually
  • File annual returns with MCA (Ministry of Corporate Affairs)
  • Annual account audit by a CA is mandatory
  • Minimum 3 directors, Minimum 7 shareholders
  • Minimum 5 lakhs of share capital 

Taxes

  • Public limited company is required to file annual return with the Income Tax Department
  • Annual account audit by a CA is mandatory

Documents required for business registration

Documents

  • Voter's ID/Aadhar Card/Passport/Driver's License
  • Latest Bank Statement/Telephone or Mobile Bill/Electricity or Gas Bill
  • Passport-sized photograph of all Directors
  • Specimen signature (blank document with signature [Directors only])
  • Any Utility bills
  • Scaned copy of Rent agreement with NOC from owner

Three Easy Steps to Apply

 

1. Create order on our Website

2. We'll collect all your documents and file them directly with the authority

3. You'll receive your completed Public Limited Company package by an E-mail

 

 

 

Funding or Borrowing Capital

It’s easy for Public limited company to get funding or borrow capital from banks/Financial Institutes, IPO etc.

Frequently asked questions (FAQs)

  • Minimum of three directors
  • 5 lakhs shared capital (Capital proof not required at the time of incorporation)
  • Minimum of seven shareholders are required.
  • Proof of business
  • PAN card
  • Address proof
  • Identity proof
  • Industry average is up to 25 business days but we have a track record of completing within 15-20 business days unless critical things happen in between the process.

Authorized capital of a Company is the amount of shares a company can issue to it’s shareholders. 

  • The Ministry of Corporate Affairs (MCA) mandates that the Directors sign some of the application documents using their Digital Signature. DSC helps to sign documents digitally through internet.
  • DIN is a unique identification number assigned to all the Directors of the company. It’s never gets expired and a person can have only one DIN 
  • Any premises be it a commercial / industrial / residential where communication from the MCA will be received.

No, you need not to be present at our office or appear at any office for the incorporation of a Public Limited Company. All the documentation has been completed by us. In case of any communication during incorporation, we might use email to receive or send documents to you.

A registration certificate issued by the registrar of the business is valid until you are meeting applicable rules & compliance.

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