KNOW ALL ABOUT PUBLIC LIMITED COMPANY, STARTING FROM 29,999/- INR

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A Public Limited Company have many advantages over a Private Limited Company, Public Limited Company which can have a minimum of seven members and have no limit for maximum number of members, it must have minimum of three directors and a maximum of fifteen directors.

A public limited company has all the advantages of private limited company and the ability to have any number of members, ease in transfer of shareholding and more transparency. The shareholders become the owners of the company but the decision making is vested in the Board of Directors appointed by the shareholders.

At ebizfiling we can help you start a Public Limited Company providing our expert help at every stage of the process.

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Particulars Proprietorship Partnership Limited Liability Partnership One Person Company Private Company Public Company
Legal Entity No No Yes Yes Yes Yes
Limited Liability No No Yes Yes Yes Yes
Transferability No No Yes No Yes Yes
Tax benefits Low High High Moderate Moderate Moderate
Investor Preference No Low High No Moderate High
Statutory Audit Not Mandatory Not Mandatory Contribution >25 lacs or Turnover >40 lacs Mandatory, irrespective of share capital and turnover Mandatory, irrespective of share capital and turnover Mandatory, irrespective of share capital and turnover
Registration No No, but recommended Yes Yes Yes Yes
No. directors/partners One Min.2 Max.20(in case of Banking 10) Min.2 Designated Partners, Max. One Min. 2- Max. 15 Min. 2- Max. 15
Members No No No One Min. 2- Max. 200 Min. 7- Max. No limit
Annual Fillings No No Yes Yes Yes Yes
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Few points to make your decision easy

Separate Legal Entity

  • Distinct and separate identity from its owners
  • Artificial independent person in the eyes of law

Borrowing Capacity

  • Can issue shares, debentures, etc. to public
  • Preferred by Bankers to render large financial assistance 

Easy Transferability

  • Share transferred by mere by signing and filling up form
  • Shares transferrable to any number of shareholders

Perpetual Succession

  • Many shareholders in a company
  • Existence not affected due to Death of any shareholder

Further Issue Of Share

  • Can issue further shares
  • Can accept further money from the public 

Scope Of Expansion

  • Higher Scope of Expansion
  • Easy to raise capital from Financial Institutes & Banks

A small procedure for your quick understanding

Get answers to all your questions here

How many Persons are required to incorporate a public limited company?

A Public Limited Company must have minimum seven shareholders.

How many directors are needed for a public limited company?

A Public Limited Company must have minimum three directors.

What are the Statutory Compliances Required for a Limited Company?

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.

Can NRIs Foreign Nationals be a Director in Public Limited Company?

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.

Is there any limit on number of shareholders in a Public Limited Company?

No, unlike a Private Limited Company a Public Limited company has no limits on maximum number of shareholders.

What are the Objects or Activities of a Company?

Every business or company is promoted in market for specific goods or services, these goods or services are called the objects or activities of a company. These objects or activities should be detailed in Memorandum of Association (MOA) of company.

What is MOA and AOA? What is the procedure in this regard?

MOA states the main and the subsidiary objectives of the proposed company. The rules and procedures for the conduct of the proposed company, authorized share capital, names of its first permanent directors are mentioned in the AOA. The amount paid for the stamp duty depends on the amount of authorized share capital.

Do you have to be present in person to incorporate a Public Limited Company?

No, you will not have to be present in India for registering of a Public Limited Company.

What is share capital?

When total capital of a company is divided into shares, is called as share capital. Share capital is the total amount of capital collected from their shareholders for the purpose of achieving the objectives of the company.

Still have confusion?

Don’t worry!! Our expert will help you to choose best suitable plan for you. Get in touch with our team to get all your queries resolved. Write us on info@ebizfiling.com or call us @+91 8262 990 990.

Here are best alternatives you can get

ESSENTIAL

29,999/- INR (All inclusive)

Get Started
  • 3 DSC + 3 DIN
  • Name Approval
  • Stamp duty on INR 1 Lakh Authorized Capital
  • Company Incorporation
  • MOA & AOA
  • PAN + TAN

Easy EMI's | Transparent Pricing

Popular
ENHANCED

37,999/- INR (All inclusive)

Get Started
  • 3 DSC + 3 DIN
  • Name Approval
  • Stamp duty on INR 1 Lakh Authorized Capital
  • Company Incorporation
  • MOA & AOA
  • PAN + TAN
  • Trademark (1 application 1 class) (start ups, proprietorship & small business)

Easy EMI's | Transparent Pricing

ULTIMATE

55,999/- INR (All inclusive)

Get Started
  • 3 DSC + 3 DIN
  • Name Approval
  • Stamp duty on INR 1 Lakh Authorized Capital
  • Company Incorporation
  • MOA & AOA
  • PAN + TAN
  • Trademark (1 application 1 class) (start ups, proprietorship & small business)
  • 1st Income Tax filing upto turnover of Rs. 50 Lakhs
  • 1 Year TDS Filing upto 1000 entries
  • 1st Annual Filing upto turnover Rs. 50 Lakhs
  • Company kit

Easy EMI's | Transparent Pricing

Need more personalised solutions? Get in touch with us at +91 8262 990 990 or email info@ebizfiling.com