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    EAdvisors

    Public Limited Company Registration

    Register your public limited company fast, easy and hassle free with India’s fastest growing
    platform in just 10-15 days. You just connect with our expert and rest our team will do.

    What you get?

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    Public Company with EAdvisors.

    Now getting a Company registration is easy, hassle fee and quick,
    with EAdvisors company registration expertise

    Drop Query

    Provide your exact requirement like number of director, location and business activity through our contact form

    Discussion with Expert

    EAdvisors expert will contact you to discuss about registration process, documents required and resolve your queries.

    Drafting of Application

    Drafting of registration application, MOA, AOA, director consent and declaration as per requirements of Companies Act 2013.

    Issuance of Certificate

    Concerned ROC will issue certificate of incorporation of company, Income tax department allot PAN and TAN etc.

    Public Limited Companay Registration
    Public Company

    INTRODUCTION

    A Public Limited Company registration in India is the best suitable business structure for entrepreneurs who are planning for large-scale business operations. To register a Public Limited Company in India there should be a minimum of seven members and there is no limit on the maximum number of members/shareholders for starting a Public Limited Company.

    A Public Limited Company in India enjoys all the privileges of a corporate entity together with the features of Limited Liability. A public limited company gets listed with the stock exchange to raise capital from the general public. Hence, the Public Limited Companies have to comply with multiple regulations of the government and start a Public Limited Company.

    A Public Limited Company that is registered under the provisions that are prescribed under the Companies Act,2013. The member of a Limited Company registered in India enjoys the features of Limited Liability and this type of entity is also allowed to raise capital from the public by the issuance of shares.

    Also, the rules and the regulations of a Public Limited Company are more rigid and strict in comparison to the Private Limited Company. Still, it is better to incorporate a Public Limited Company as it provides the benefits of a Private Limited Company with features such as easy transferability and ownership of shares.

    BENEFITS

    Registering a public limited company offers many benefits. A registered company increases the authenticity of your business. It helps your business:

    • A public limited Company is considered to be a separate legal entity from the shareholders. The public limited company has a perpetual existence and can have its PAN, bank account, approvals, contracts, licenses, assets, and liabilities.
    • A public limited company raises funds from individuals as well as from financial institutions. The funds may be also raised in equity shareholding, preference shareholding, or debentures.
    • It is one of the biggest advantages of a Public Limited Company, the shares can be easily transferred by a shareholder to other legal entities- be it an individual or an organization in India or abroad. The director of the company can also be changed for ensuring the business perpetuity.
    • The shareholders of a Public Limited Company are given limited liability protection. In a situation of unexpected liability, the same would be limited only to the company and the not affect the shareholders in any way.
    • As the organization has a vast capital base the development openings are likewise huge, particularly in the event of an open constrained organization.
    • The organization is controlled by the Board of Directors. This Board of Directors is elected by the investors.

    CHECKLIST

    As per the requirement of Companies Act 2013, applicant must guarantee that the checklist requirements are met.

    • Digital Signature Certificate of proposed directors are mandatory for registration of public limited company along with consent of directors.
    • Director Identification number is mandatory for to appoint director in public limited company. DIN is 8 digit numeric number allotted by ROC.
    • Public Limited Company name should be unique should not match with existing name of company and registered trademark.
    • Minimum 3 director required for public company
    • Atleast 7 Shareholders required to incorporate public limited company
    • Company must have registered office for incorporating public limited company. Registered office can be residential or commercial space along with proper NOC from owner of property.
    • Minimum capital should be 5 lakh of public company

    DOCUMENTS REQUIRED

    Identity And Address Proof (Director)

    • PAN Card or Passport (Foreign Nationals & NRIs)
    • Voter’s ID/Passport/Driver’s License
    • Latest bank statement/telephone or mobile bill/electricity or gas bill
    • Passport-sized photograph specimen signature (blank document with signature [directors only])

    Registered Office Proof

    • Latest bank statement/telephone or mobile bill/electricity or gas bill
    • Notarized rental agreement in English
    • No-objection certificate from the property owner
    • Sale deed/property deed in English (in case of owned property)

    WHY EADVISORS

    EAdvisors provides you facility to get public limited company registration from home. Provide us document through email or whatsapp to our Company Registration Expert Team. EAdvisors will assist you in getting public limited company registration with in 10-20 working days.EAdvisors Public Limited Company Registration package includes:

    • DIN (Director Identification Number) for 3 Director
    • DSC  (Digital Signature Certificate) for 3 Directors
    • MoA (Memorandum of Association)
    • AoA (Article of Association)
    • Registration fees and stamp duty
    • Company Incorporation Certificate
    • Permanent Account Number (PAN)
    • Tax Deduction and Collection Account Number (TAN)
    • Employees State Insurance Registration (ESI)
    • Employees Provident Fund Registration (EPF)

    UPDATES

    Update as on 12 February, 2022

    Form CSR-2 (Report on Corporate Social Responsibility) notified vide Companies (Accounts) Amendment Rules, 2022 dated 11th February 2022 is available for filing purposes now under MCA Services -Company services-CSR-2

    Update as on 14 February, 2022

    Relaxation on levy of additional fees in filing of e-forms AOC-4, AOC-4 CFS, AOC XBRL, AOC-4 Non-XBRL and MGT-7A for the financial year ended on 31.03.2021 under the Companies Act, 2013.

    Update as on 9th March, 2022

    Stakeholders please note that DSC Association is a post login service in V3. User Registration is mandatory for DSC Association. Multiple DSC Associations cannot be done using one user id.

    ROC COMPLIANCE

    Annual Compliance

    1. Form MGT-7: Public Limited Company shall file its Annual Return within a period of 60 days from the date of holding annual general meeting.
    2. Form AOC-4: Public Limited Company shall file its Financial Statement within a period of 30 days from the date of holding annual general meeting.

    Other Compliance to be held annually  

    • Holding Board Meeting – being the most important yet primary compliance, first meeting of the board shall be conducted within 30 days.
    • Appointment of Auditor – the appointment of an auditor shall be made in form ADT-1.
    • Disclosure of Interest by Directors – the disclosure shall be made in form MBP-1 by every director in the first board meeting itself.
    • Return of Deposits – form DPT-3 is required to be filed with Registrar of Companies (ROC) on 30th June of every financial year.
    • KYC of directors present in the company – form DIR-3 KYC is required to be filed by every year.

    Public Limited Company

    Step by Step registration process

    Name Approval

    First step of public company registration is name approval. We apply for name approval through Part A of Spice + form. For name approval atleast 2 name suggestion will be required.

    Digital Signature Certificate

    DSC is the token which allows director to file online form with ROC. Second step is to get DSC registration with required authority.

    Submission of Incorporation Application

    After name approval and procurement of DSC, we are good to make incorporation application with ROC. This step is important as drafting of Memorandum and Article is fall under this step. At last ROC provide SRN on successful submission and payment of Spice+ form.

    Issuance of Certificate by ROC

    Once the Spice+ form is submitted along with the required documents, the ROC will inspect the application. After the application is verified, he will issue the Certificate of Incorporation of the Public Company.

    How we work

    Day 1

    The first day is when a client sends documents. The day when we receive the client’s documents that are required for the registration process and on the same day itself we draft and apply for name approval application.

    Day 2-3

    Generally, ROC approves the name application within 1-2 days from the date of submission  application. So, two days are the days, ROC takes for granting, rejecting or resubmission the name application.

    Day 4

    After the primary part of name approval is done, drafting of all the necessary documents like MOA, AOA, Director’s Consent and other related document for signing from the proposed directors of the company.

    Day 5

    The next and the most crucial step is filing application for incorporation of company. The crucial and yet time taking step, which takes us 2 days and remaining days Are taken by ROC for approving the incorporation application of the company.

    *Note:- For submission of online applications with ROC we will require signed documents from the directors. In case of any delay in providing of documents, will further delay in submission in incorporation application.

    Day 10-12

    On the 10th or 12th day we are ready to issue our client the required certificate of incorporation of the proposed company.

    That’s how our EAdvisors plan the work with Quality!

    Quality Efficient Services

    We at EAdvisors are here with our professional services and experts to serve you. We have successfully satisfied our clients with their requirements since a long time and will continue it all time. EAdvisors has 99 % of customer retention ratio.

    Our Quality work says it all!

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    24*7 Support

    To provide constant support to our customers, we are available on WhatsApp as well as on Email. For consulting us directly you may call or WhatsApp us at: +91 991 0000 833 To resolve your complicated query, contact us through Email Id :info@eadvisors.in

    Happy to Serve you!

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    Exclusive

    Dedicated Professional guidance

    Professional experts of company registration are here at your service to assist you in incorporating companies. For making it hassle free procedure we will be assisting you a professional who will be there throughout your company registration. Your work is our duty and in the hands of our experts.

    Experience the upgraded professional services from EAdvisors!

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    Transparency

    Our work is to provide with best of services and that too with transparency. We aim to make clients that goes long with us and stay satisfied with our variety of services. No hidden charges exist and everything will be informed to you well in advance.

    So, stay secured with our transparency!

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    Timely Completion

    With guaranteed 10-12 days registration, we provide our clients with issuance of Certificate by ROC. Considering one day when documents will be received by us from our clients, then other two days for name approval procedure that is considered by ROC and another day for filing application for Incorporation of Company. On 10th day as we commit, will provide you with certificate of incorporation,

    Committed to Work! Committed to Quality!

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    Promise confidentially

    We have achieved alot in past years and aiming to increase it in future as well and that became possible because of our motto to keep our clients information secure with us. Stay confident while dealing with EAdvisors, your every single information will stay private with us.

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    EAdvisors
    company registration

    EAdvisors offers you various benefits

    No Hidden Fees

    EAdvisors is a well-known company, popular for its quality work and therefore no hidden or extra is charged by our clients.

     

    Fast and Easy

    By just sharing your documents with us on WhatsApp or email, you will get your dream company ready within 10 days only.

     

    Order Registration

    You will be given a Unique Order No. for you to track the status of company registration process. We offer this unique tracking method to given them a sense satisfaction that their work is our utmost priority. 

    Secure Payments

    Once the registration process gets started and payment is also made, it is our duty and responsibility to keep your payment secure and in return registering your company.

    Use Local Currency

    Being a company established in India, we will be accepting the payment in Indian Currency through any of the online mode of transfer.

    Intelligent Working method

    As the world is also getting advance within time, we have also established online way of accepting documents and creating your company.

    Looking of a Company Solution?

    Contact our team to get quote

    Factors To Be ConsideredPrivate Limited CompanyOne Person CompanySole proprietorshipLimited Liability PartnershipPartnership Firm
    Ideal ForStartup and growing CompaniesSingle promotersSmall Traders and ManufacturersProfessionalsSmall business & Home Business
    Requirements2 Directors/Shareholders1 Director/Shareholder1 Proprietor2 Partners2 Partners
    Initial InvestmentNot RequiredNot RequiredNot RequiredNot RequiredNot Required
    Tax AdvantagesFew benefitsFew benefitsMinimalMost efficientMinimal
    CompliancesHighHighMinimalLowMinimal
    Limited Liability ProtectionYesYesNoYesNo
    Time Taken5-10 days5-10 days2-5 days10-15 days5-10 days
    Frequent Asked Questions

    Public Limited Company

    A company is a legal entity formed by association of persons. As per Section 2(20) of the Companies Act, 2013 company means a company incorporated under this Act or under any previous company law.

    Having main features:

    • Artificial Legal Person
    • Separate Legal entity
    • Limited Liability
    • Perpetual Succession
    • Transferability of Shares

    Varying upon different factors the cost of incorporation is decided. Depending majorly are authorised share capital, no. of directors, members and Professional fees of consultant.

    To form a company, it requires various steps.  Like: –

    Step 1: Acquire Digital Signature Certificate (DSC)
    Step 2: File Name Approval Application in INC-1
    Step 3: Preparation of Documents for Incorporation of Company
    Step 4: Apply for Certificate of Incorporation (COI)
    Step 5: Issuance of Certificate of Incorporation by ROC

    The necessary documents without which company cannot be formed are: –

    Identity: PAN Card, Aadhaar Card is compulsory along with Voter ID/Passport/ Driving License

    Address Proof of the Director: Any one from latest bank statement, telephone bill or electricity bill

    AND

    Registered Office Proof of the company:

    1. Latest bank statement/ telephone/ electricity bill.
    2. Notarized rental agreement with NOC from property owner.
    3. Ownership proof if property owned

    Not really, but YES for Non-Residents to register a company. While for the verification of the residence living in India, PAN Card, Aadhaar Card and any one from Voter Id/ Passport/ Driving License for Identity proof shall be sufficient.

    A Big NO! As the identity proof shall be a Government document. So only the telephone bills issued by BSNL, MTNL are allowed. 

    Of course! A person can mark his residential address as a registered office address. But making sure prior approval or NOC is taken for carrying on the business.

    NO! Due to the apartments having their private company generating bills and not being Government-Recognized. Hence, only those documents declared by the government shall be considered for verification purpose of the director’s residential address.

    Initiating with the process of Name approval requiring 2 days (approx), getting the Digital Signature Certificate in another max. 2 days and getting other documentation done, it takes around 10 working days. And surprisingly, as the MCA has provided with single-application form, a company can be created in a day also.

    As the advancement of technology has risen, one can simply WhatsApp or Email the document and communicate with the consultant on telephonic media.

    By all means, from 1st June, 2007 itself DIN is mandatory for the directors to obtain. Without which efiling cannot be taken place. Hence, it is an Important requirement to be adhered by all the directors.

    DSC has been made mandatory by the Ministry of Corporate Affairs during the company registration. Not for all directors but specifically for Authorized Signatories of the company DSC must be obtained.

    Yes. Why not! But following the pre-requisite mentioned. It states there must be at least one director residing in India for registering a company by NRIs or foreign nationals.

    Yes.  With prior to consent of the director, company can use his property as a proof for residential address.

    YES, with the prior consent or NOC from the Director’s parents, one can use it as a registered address proof.

    For obvious reasons, the presence of a professional including CA, CS, Advocate is a must-have thing to register a company.  For fulfilling the legal compliances and certification purpose it is required to have a professional appointed.

    On the basis of members requirement:  Public Limited Company having minimum of 7 and maximum not defined. And Private Limited having minimum 2 members and maximum 200.

    On the basis of directors’ requirement: Public company shall have minimum of 3 directors and maximum 15 directors. While in Private Co. it shall have minimum 2 directors and maximum 15 directors.

    On the basis of transferability of shares: In Case of Public Limited Company shares are freely transferable which means it can be freely traded in open market. Whereas the shares of Private Limited Company are not freely transferable having restrictive clause in the Articles.

    On the basis of Compliance: In Public Limited Company, compliances are comparatively huge as compared with private limited. Private Company enjoys less compliances.

    On the basis of raising funds: Public Company can raise funds from public by issuing a prospectus. But a private limited company cannot raise funds from public having restriction applied on it.

    On the basis of Start-up India Registration: Public Companies are not eligible to get registered under Start-up India scheme whereas Private Company enjoys all the benefits provided under Start-up India.

    By visiting MCA portal and conduct company name search to check whether name availability is there or not.  To select a name of the company, you must consider the below given points.

    1. The name of the company against whom trademark is already taken by other.
    2. Not restrictive by any government authority (for instance: Bank, Government, State government, centre government etc)
    3. Name identical to any existing company.
    4. Generic names will not be allowed.

    Keeping all the above points in mind, one must have 2-3 unique names decided for the company as it is asked in the name approval application. According to the preference, names can be mention in the application

    For selecting a name of the company, there are certain restriction mentioned below. To name a few: –

    • A name against whom a trademark is already registered cannot be taken by other.
    • Not restricted by any government authority.
    • Name identical to an existing company.
    • Generic names not allowed.

    YES. In case of active trademark with applicant, application can be made for company registration.

    Surely, NOC from trademark holder will be required prior to getting a company name with same trademark.

    SPICe+ form is required to be filed for registering a company on MCA Portal. It is an integrated Web form offering 10 services by Central govt Ministries & Departments.

    There is no such restriction for shareholder. Any family member can become shareholder of company.

    Yes, Shareholder of a company can also appointed as the director of a company.

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    PAN Card

    In the package PAN Card is also included which will be provided by us.

    TAN

    TAN No. i.e. Tax Deduction Account Number is also included in the package. which means TAN No. also shall be provided by us.

    Digital Signature Certificate

    Digital Signature Certificate (DSC) for directors shall also be provided in the package.

    DIN

    Director Identification Number (DIN) for the directors is also included in the article.

    Certificate of Incorporation

    Certificate of Incorporation after sucessful registration will be provided from our side.

    What you get in this package?

    We are offering you ultimate package for registration of
    Public Limited Company

    EAdvisors public limited company registration package provides you PAN, TAN, Digital Signature Certificate, Director Identification Number, Certificate of Incorporation.

    Buy Hub Today

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