What is a Public limited Company in India?
A limited company grants limited liability to its owners and management. Being a public company allows a firm to sell shares to investors this is benificial in raising capital. A minimum of three Directors are required for establishing a Public Limited Company and it has more stringent regulatory requirements compared to a Private Limited Company.Public Limited Companies are those types of companies where minimum number of members is seven and there is no cap on the maximum number of members. A public limited company has most of the characteristics of a private limited company.
Public limited Company Registration FEES: How much does it cost to start a Public limited Company in India?
The Cost of Public limited Company Incorporation / Registration of Pvt Ltd Company would start around INR 5,000/- to INR 20,000+ depending upon the No. of Directors, No. of members, authorized share capital and Professional fees.
Professional fees vary on the complexity of the business formation
How to search a Public limited company registration name availability?
Go to MCA’s official website
The Registrar of Companies (RoC) which is part of MCA across India expects applicants to follow a few naming guidelines. Some of them are subjective, which means that approval can depend on the opinion of the officer handling your application. However, the more closely you follow the rules listed below, the better your chances of approval.
The first part of the name should be a unique and not similar or trademarked name. The second part/suffix should be describing the area of business. The name will be For Eg., Barclays Public Limited Company
Abbreviations, adjectives and generic words are rejected.
Consult us for specific advice on getting your desired legal name for your company
Documents required to register a Public limited Company
Utility Bill as proof must be Latest less than 30 days old
NOC from owner of premises + Rental agreement OR sale deed
Signed Declaration (s) from Promoter.
Email of company
Mobile of company
Address Proof Documents
Bank Statement or Passbook with the transaction entry less than 30 days old
Electricity Bill in the name of the promoter less than 30 days old
Telephone bill, or any other Mobile Bill less than 30 days old
Utility bill in the name of promoters like Gas Bill less than 30 days old
NOTE: Further documents and scrutiny can be made on a case by case basis which is beyond our control.
Public limited Company Registration Process
To register a Public limited Company, it takes minimum of 5 working days* to process if all documents are received without any issues.
The issues arise when there is name mismatch between identity documents of directors.
We will help you with all the documents through our Documents verification team.
Frequently Asked Questions
A Public Limited Company must have a minimum of three Directors and seven shareholders.
The director needs to be atleast 18 years of age. Any individual can become the member of the Public limited company including foreigners/NRI’s.
No, you do not have to be present at our office or appear at any office for the registration of a Public Limited Company. All the documents can be scanned and sent through email to our office. Some documents will also have to be couriered to our office.
There is absolutely no other payment. We will send you an invoice that is all-inclusive, with no hidden charges.
A limited company must hold a Board Meeting at least once in every 3 months. In addition to the Board Meetings, an Annual General Meeting must be conducted by the Limited Company, at least once every year.
Yes, a NRI or Foreign National can be a Director in a Public Limited Company after obtaining Director Identification Number. However, at least one Director on the Board of Directors must be a Resident of India.
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We are experts in business formation and we have helped lot of people in starting their business across a variety of industries. We provide you fully online Company Registration process and Trademark Registration at industry’s lowest price. Our services help you reduce liability with keeping your business compliant.
