Register Public Limited Company (Limited) India
Rs. 11,803/- (inclusive of all taxes & fees)
- Public Limited Company in 10 to 15 days.
-Completely online service - No physical presence required
- No minimum capital requirement
Public Limited CompanyKnow What is Public Limited Company? and How it is registered?
What is a Public Limited Company?
A public Limited company is the largest form of business available in India. Public limited company is a large company and is formed in order to raise funding from public through IPO etc. There is no limit on maximum no. of members however, after 500 members, SEBI approval is needed.
How to register Public Limited Company in India?
Public limited company registration require only 2 person to start. No minimum capital requirement is there, one can start with even Rs.5,000. Here are following three important points:
- Prepare DSC and file Name Approval: The first step is to prepare DSC and DIN. This takes sometime one to two days. Thereafter, you need to file for name approval. The first word of the name should be unique and name should end with the words “Limited.”
- File for Incorporation: After taking name approval, the next step is to file for incorporation via spice form INC 32. Further, PAN and TAN are not required to be filed separately and the same is allotted on company formation.
- Take GST Registration: After incorporation, access your business and take necessary registration including GST registration. This is because working without tax license is illegal in India.
Documents required for Public Company RegistrationFor Directors/Shareholders:-
For Registered Office:-
- Copy of PAN Card
- Aadhar Card
- Address Proof (Bank Statement, Mobile bill, Telephone bill)
- Authorization Form
- Ownership Proof (Electricity Bill etc)
- Utility Bill (Gas Bill, Electricity Bill)
- NOC (Download format)
Public Limited Company Registration Process
Public Limited Company registration process is very simple with hubco.in. The whole procedure is completely online and one need not visit our office physically to get the Company registration.
Step 1 - Arrange all required documents:
The first step is to arrange all the documents and send the same over the email to us. We will check it and if everything is fine, you will required to pay 50% advance.
Step 2 - DSC, DIN and Name Approval:
After receiving the required documents and 50% advance, we shall start your work. We will get the DIN, DSC and the name approval.
Step 3 - File for incorporation:
Once your name is approved, you will be required to pay the rest of the amount and then we will be file your companies incorporation. Once approval is granted, the incorporation work stands complete.
Time & Cost for Public Company Registration
The Total Cost Breakup
|.Digital Signature Certificate (DSC)||7||3,500|
|.Director Identification Number (DIN)||3||1,300|
|.MOA, AOA and Incorporation Fee||-||Nil|
|.Stamp Duty of the Respective State*||-||1,200/-|
|.PAN and Tan Application||-||300/-|
|.Professional Fee (Inclusive of Taxes)||-||2,700/-|
|. Goods and Service Tax (GST)||-||803/-|
Total Public Ltd. Co. Registration Cost in India 11,803/-
Note: Stamp duty Extra for States: Punjab, Kerala and Madhya Pradesh.
Mandatory Requirements for Public Company Registration
Now a days, Public company registration has been eased a lot by the Ministry of Corporate Affairs (MCA), further initiatives like startup India has also boosted the company registrations all over India. Further, Public company even allows you to raise capital through public by initiating a IPO. However, to form a public limited company following are the mandatory requirements:
. Minimum 7 persons are required to start a public limited company in India.
. Whatever is the capital amount of your company, you should invest the same within 2 months of incorporation.
. Public companies are large companies and hence, all the sections will have direct impact on its compliances.
How to raise funding in a Public Limited Company?
Finance is a lifeline of any business and in todays world every competition is neck to neck, availability of good finance is needed in order to sustain. You may refer the practical example of Flipkart, Ola etc. Hence, you must follow the following in private company in order to raise funds:
Build a plan and a working business model: Gone are those days when you can get funding on the basis of an idea.Now, is the time, that you should test your own idea, reach a MVP and then build a strong future plan.
Reach investors and list on stock exchange: You may reach the private investors or list your shares on stock exchange. However, initiating a IPO is a very complex task.
Prepare Documents: Once you sign the term sheet, next and final step is to prepare documents like Shareholder agreement etc.
The maximum finance under this case shall be up to the value of Fixed Deposit under Nidhi Company.