A Public Limited Company assures the limited liability to its Members and Owners.
Start-ups typically emerge when founders identify significant problems within existing companies or industries. These issues may range from inefficiencies in operations to unmet consumer needs or outdated services.
The formation of a start-up is driven by a combination of entrepreneurial vision and dissatisfaction with current solutions.
Start-up company registration formalizes the establishment of the new venture. This process marks the beginning of a journey focused on growth and market penetration.
Public limited company is popular and well known business structure. Corporate Customers, Vendors and Govt. Agencies prefer to deal with Public Limited Company instead of proprietorship or normal partnerships.
Public Limited company can list itself in various stock exchanges in India and raise capital from stock market. Limited company also enjoys wide options to raise funds through bank loans, general public and Institutional investors.
Most important it is very easy to exit from a Public limited company, only shares of the company need to be handed over to the purchaser along with the signed share transfer forms.
Public Company is the best choice for businesses involving heavy investment.
Investors love to invest in Public Limited companies as it is well structured and transparent business structure.
Many times business need to borrow money and take high investment decisions. Public Ltd. Company is the best option for entrepreneurs with larger investment requirements.
You are requested to first fill the simple questionnaire provided by our expert team.
At the second step we will be requiring the documents in accordance with the questionnaire filled by you so that we can arrange them as per the requirement and for processing.
First of all DSC (Digital Signature Certificate consisting of the E-signatures) is required to be prepared. This step can be ignored if prepared already. It will approximately take 1-2 days.
The next step is to check the name availability. The name should be unique in nature and should not be similar to name of any other entity registered. It may take at least 1-2 days.
Once the name is approved, an online application is required to be filed through SPICE+ along with the requisite documents as obtained from the client with ROC.
Once the Company gets incorporated we will share all the docs like Incorporation Certificate, MOA , AOA and Digital Signatures.
It is a publicly traded entity that requires a minimum of seven members, with no limit on the maximum number of shareholders. It allows shares to be offered to the public and traded on stock exchanges.
You need to arrange very simple details of director like photograph, Pan card and one address proof
The Director needs to be over 18 years of age and must be a natural person. There are no limitations in terms of citizenship or residency. Therefore, even foreign nationals can be Directors in an Indian Private Limited Company.
ROC is a Government office with whom companies get registered. Every State has one ROC office except Maharashtra and Tamilnadu where there are two ROC offices. In Maharashtra companies are registered with Mumbai & Pune ROC. In Tamilnadu companies are incorporated at Chennai and Coimbatore ROCs.
There is absolutely no minimum capital required but generally people prefer and are advised to incorporate the same with a minimum capital of Rs. 5 Lacs.
You can register a Public Company at a commercial or residential place by providing the documents as specified. There is no restriction by the department.