A Public Limited Company is a business that sells shares to the public, and the people who buy these shares have limited responsibility for any losses the company might face. To create a Public Limited Company, you need at least seven shareholders and three directors. There’s no limit to how many shareholders can join. This type of company is great for big businesses because it makes it easier to get money from many people. However, there are strict rules and regulations to follow, more so than in other types of businesses. Also, the company’s shares can be traded on the stock exchange. Note: We recommend you send soft copies of the documents. Also, complete the survey that our startup advisors will give you. We'll check the information and legal papers you send. If you have any questions, don't hesitate to contact us. Your proof of address should be recent, not older than two months.
1. Self-attested Copy of ID proof : (Passport / driving license / election card) 2. Self-attested Copy of Pan Card & Aadhaar Card 3. Self-attested Copy of Address Proof: (Bank statement / latest electricity bill / latest mobile bill/latest telephone bill) 4. Rent Agreement / Agreement between Owner & The Company 5. Utility Bill (Electricity bill/Mobile bill/telephone bill) 6. NOC sign by owner 7. DSC Form signed by both the directors 8. DIR 2 signed by both the directors 9. Declaration signed by directors and subscribers
A Public Limited Company is like a legal person created by law It's treated as its own entity, separate from the people who own it This means the company can buy things, own assets, and borrow money in its own name.
A Public Limited Company is like a legal entity that doesn't rely on the resignation, death, or departure of its members.
It keeps going unless the law requires it to be legally shut down.
Public Limited Companies can get money by either selling secure or unsecure bonds or by borrowing from banks or financial institutions Banks and financial institutions like lending money to these companies.
Shares in a Public Limited Company can be easily sold or transferred to others This means that if you invest in these shares, you can easily turn them into cash by selling them, and you're not stuck holding onto them if you want to leave the company.
Limited liability is a big benefit of being in a Public Limited Company If you own shares in such a company, you're only responsible for paying the amount left on your shares Your personal stuff won't be taken away if the company can't pay its debts.
You can choose any of our packages based on your requirements
To register a Public Limited company, you have to suggest two different names related to your business to the MCA They will choose and approve one of these names for your company
The form for the Incorporation of a Company is filed Online
It will take you only 10-15 days to get a Public Limited Company incorporated Once you get it incorporated you will obtain a certificate as proof of your company formation
Congratulations!!! As a Public Limited Company, you're all set to start working and elevate your business to new heights of success!
Minimum seven persons can promote a Public Limited Company There is no limit on maximum members of a Public Limited Company There has to be three directors for starting a Public Limited Company.
Anyone who is 18 years old or older, regardless of nationality, can become a director of a Public Limited Company The only requirement is that there must be at least one director who is a resident of India.
You can start a Public Limited Company with as much money as you want.
No, you don't have to go to the MCA office or our office.
Using Triotax, you can start your company in 15 to 20 days There's no special quick process for everyone, as the government's processing time is the same However, we can speed up the process by handling things efficiently on our end Just make sure to submit your documents on time.
If you're a director of a company, you need to sign up with MCA and share some information about yourself Once MCA gets your details, they give you a special number known as the Directors Identification Number (DIN) Each person can only have one DIN.
