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Public Limited Company

Original price was: ₹40,000.00.Current price is: ₹26,711.00.

🌟 Start Your Public Limited Company with AutoBizNow!

💡 What is a Public Limited Company? A Public Limited Company is a highly structured business entity designed for large-scale operations. It combines the features of a corporate entity with limited liability and offers the unique advantage of raising capital by issuing shares to the public. Registered under the Companies Act, 2013, a Public Limited Company is suitable for entrepreneurs planning to expand their businesses while enjoying perpetual succession and easy transferability of shares.

At AutoBizNow, powered by Professional Consultant Solution Planet Private Limited, we simplify the process of registering and managing your Public Limited Company, ensuring compliance with all legal requirements.

🔑 Benefits of Registering a Public Limited Company

✅ Separate Legal Entity: Operates independently of its shareholders, with perpetual existence.

✅ Multiple Avenues of Funding: Raise funds from the public, financial institutions, or by issuing equity and preference shares.

✅ Easy Share Transferability: Shareholders can easily transfer shares, ensuring business continuity.

✅ Limited Liability: Shareholders’ liability is restricted to the value of their shares.

✅ Growth Opportunities: With a larger capital base, Public Limited Companies are better positioned for expansion.

✅ Enhanced Credibility: Builds trust among investors, customers, and stakeholders.

📜 Requirements for Registering a Public Limited Company

Minimum 7 Shareholders: To start a Public Limited Company.
Minimum 3 Directors: Directors can also be shareholders.
Minimum Paid-Up Share Capital: ₹5 Lakhs.
DIN and DSC: Digital Signature Certificate and Director Identification Number for all directors.
Registered Office: A verified address for business correspondence.
Company Name Approval: Unique and compliant name approved by the Registrar of Companies (ROC).

🚀 Steps to Register a Public Limited Company with AutoBizNow

1️⃣ Fulfill Legal Requirements: Ensure the required number of directors, shareholders, and paid-up capital is met. 2️⃣ Obtain DSC & DIN: Secure Digital Signature Certificates and Director Identification Numbers for directors. 3️⃣ Registered Office Address: Provide a verified address for official correspondence. 4️⃣ Name Approval: File a name approval application using the RUN form on the MCA portal. 5️⃣ Prepare MoA & AoA: Draft the Memorandum of Association (MoA) and Articles of Association (AoA). 6️⃣ Submit to ROC: File incorporation documents with the Registrar of Companies for verification. 7️⃣ Certificate of Incorporation: Receive your company’s incorporation certificate with the CIN. 8️⃣ Commencement Certificate: Apply for a certificate of commencement within 180 days of incorporation.

🌟 Documents Required

📄 Identity Proof: PAN and Aadhaar of Directors. 🏢 Address Proof: Utility bill, rent agreement, or sale deed of the registered office. 📜 MoA & AoA: Memorandum and Articles of Association. 🏦 Bank Account Proof: Cancelled cheque or bank statement for opening a business account.

📚 FAQs About Public Limited Companies

💬 1. What is the minimum capital required to start a Public Limited Company? The minimum paid-up capital required is ₹5 lakhs.

💬 2. Can a Public Limited Company raise funds from the public? Yes, it can issue shares to the public via the stock exchange.

💬 3. What is the liability of shareholders in a Public Limited Company? Shareholders are only liable to the extent of their shareholding.

💬 4. How long does it take to register a Public Limited Company? Typically, it takes 15–20 working days, subject to document verification and approvals.

💬 5. Is it mandatory to appoint a Company Secretary in a Public Limited Company? Yes, a Public Limited Company must appoint a Company Secretary if its paid-up capital exceeds ₹10 crores.

🌟 Annual Compliance Requirements

Unlisted Companies

Board Meetings: Hold at least 4 board meetings annually.
Appointment of Cost Auditor: File Form CRA-2 within the prescribed timeline.
Deposits Return: File Form DPT-3 for deposit-related compliance.
CFO/CEO Appointment: Appoint key personnel within 30 days of the AGM.
AGM: Hold an Annual General Meeting for financial declarations.

Listed Companies

AGM Filing: Submit Form MGT-15 post AGM.
Financial Statements: File Form AOC-4 with the balance sheet, cash flow, and director’s report.
Annual Return: File Form MGT-7 with director and shareholder details.
Income Tax Returns: Submit via Form ITR-6 by September 30th.

🌟 Why Choose AutoBizNow for Public Limited Company Registration?

🌟 Expert Guidance: Comprehensive support from incorporation to compliance. 🌟 End-to-End Services: From name approval to the certificate of commencement. 🌟 Quick Turnaround: Get your company registered in 15–20 working days. 🌟 Trusted Partner: Backed by Professional Consultant Solution Planet Private Limited, ensuring accuracy and professionalism.