Public Limited Company

Incorporation & Registration, NGO Registration, Company Compliances, Corporate Contract Drafting, Manage Finance & Accounting, Taxation, Government Mandatory Registration

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Public Limited Company

A company registered under the Companies Act, 2013 with statutory minimum capital requirements Rs.5 lacs.A Public limited company enjoys unlimited source for the borrowing of funds. The public limited company can issue debentures, equity and can also accept deposits from the public. Financial institution even prefers to render financial assistance to large public limited company. A Public Limited Company has more credibility and transparency in business than a private limited company. Public limited company has high financial exposure to source capital from the Public as Equitsy or debenture or deposit. A public limited company can register with a minimum of three Directors, and Public limited always preferred if you have a broad vision from startup to IPO.

Our services for establish your proposed Public Limited Company

Digital Signature Certificate (DSC)
Director Identification Number (DIN)
Name reservation of your proposed OPC company
Drafting of MOA & AOA
Dedicated CA/CPA/CS/Lawyers
Trademark search for business and registration

MCA Government Fees and XBLR filling
Obtain Corporate Identification Number (CIN)
PAN No. of OPC
Business Idea corroboration.
GST Registration.
VAT & CST Registration.

ESIC & PF Registration
SSI Registration.
Provident Fund Registration.
Import-Export Code Registration.
Drafting Lease Deed and its registration.
Lease Deed registration.

Compare your business entity.
Assistance to open your current account
Assistance for Seed Capital / Angel Investor.

Merit of Public Limited Company

Brand valuation
Improve business credibility
Attract funding through FII & angel investor

Limited liability
Continuous existence.
Borrowing capacity

Raising capital through public issue of shares
Widening the shareholder base and spreading risk
Stock Exchange Listing

Growth and expansion opportunities
Prestigious profile and confidence
Transferability of Shares
Exit Strategy.

Demerit of Public Limited Company:

More regulatory requirements

To help protect shareholders, the legal and regulatory requirements for a public limited company are more onerous than for private limited companies. For example, additional restrictions include;
A trading certificate must be obtained from Companies House before the company can trade (there is no such requirement for a private company);
The need to have at least two directors (only one is required in a private company);
More onerous rules apply concerning loans to directors;
A suitably qualified company secretary must be appointed;
As well as higher transparency around accounts, they must be produced within prescribed time of the end of the financial year;
AGMs must be held, whereas in a private company decisions can more often be made by resolution;
There are various additional restrictions on the company’s share capital and limits on pre-emption rights and dividends