PUBLIC COMPANY REGISTRATION
(Online Process/Free Consultation)
Register your Public Company in 10-12 working days anywhere in India. Our dedicated team of professionals at Team Expert will help you to register your Public Company.
WHAT IS PUBLIC COMPANY REGISTRATION?
Public Limited company is the ideal choice of corporate entity for medium and large sized businesses that raise equity capital from the public. For Public Limited Company Registration, the company must have minimum 3 Directors, 7 Shareholders. A Public limited company have all the advantages of Private Limited Company and the ability to have any number of members, ease in transfer of shareholding and more transparency.
More preference is given to public limited company in giving loan. By following compliance a public limited company can list its shares on stock exchange. Shareholders can transfer their Shares with great ease.
PUBLIC COMPANY REGISTRATION PROCESS IN INDIA
In order to start your business with such an entity, you need to go through the process of Private Limited company incorporation. Once you are successful with the process, you will get to enjoy the perks of a private limited company that include the following:
STEP 1: NAME RESERVATION
The first step in incorporation is to reserve/approve the name of company. The proposed name selected should do not consist of any word which is prohibited under Companies Act, 2013. An approved name is available for a period of 20 days from the date of approval, for a new company registration. It is allowed to apply for two names and one Resubmission (RSUB) while Reserving Unique Names for companies through the RUN web service.
STEP 2: DIGITAL SIGNATURE CERTIFICATE (DSC) OF DIRECTOR
The application for public limited company is filed online and it is mandatorily required to be signed by the director and shareholder of the company. So DSC is required to be taken for the directors and shareholder of the company, who is required to sign the e-form for registration before filing incorporation application for the company. ID, Photo and Address proof is required to along with DSC application form for issuance of DSC.
STEP 3: DIRECTOR IDENTIFICATION NUMBER (DIN)
DIN is a unique identification number to the director issued by Registrar of the companies (ROC) for becoming a director in India. An application is filed along with address and ID proof duly attested by CS/CMA/CA.
STEP 4: DOCUMENT SUBMISSION
Application for registration/incorporation of public limited company is made to Registrar of Companies (ROC)  in FORM Spice 32 along  with Memorandum and Article of Associations, declaration, affidavits etc. At least Seven persons are required for incorporation of public limited company.
STEP 5: CERTIFICATE OF INCORPORATION
ROC then scrutinizes the incorporation form and documents, if ROC finds the documents are in order, issues Certificate of Incorporation which is the Registration certificate of public limited company. After receiving the certificate of Incorporation, the public limited company is set to start its function.
STEP 6: PAN & TAN OF THE COMPANY
PAN and TAN are simultaneously applied along with company registration forms and are issued along with Certificate of Incorporation and also mentions into Certificate of Incorporation.
STEP 7: OPENING OF BANK ACCOUNT
On compliance of Certificate of Incorporation & other essential documents, bank open a current account in name of company, required for smooth running of the company.
BENEFITS
1: Borrowing Power
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.
2: Limited Liability of Shareholder
Liability of shareholders of the public limited company are limited only up to the shares subscribed by them and should not be personally liable for the debts of the company in case company are unable to pay its liabilities.
3: Separate Legal Entity
Public limited company legal entity are separate than its shareholders/promoters.
4: Listing Shares on Stock Exchange
Public Limited Companies can easily list there share on stock exchanges across India. Which is not possible in other form of business.
Get a free consultation for Private Limited Company registration by scheduling an appointment with Team Expert.
WHY CHOOSE US
We ensure startups to focus on their project and leave all the legalities and documentations to us. From our technology driven platform and on time delivery startups prefer us to do Company registration.
100% Technology driven platform to speed up your company registration process and make your life easy
We understand the value of money for startups. We offer complete transparency and affordable cost to startups.
Fully online service so that you can start and complete the process without running around from the comfort of your home or office.
At Legal Time, we work only with experienced Chartered Accountants & Company Secretaries to handle your company registration.
REQUIREMENTS
MINIMUM THREE DIRECTORS
MINIMUM SEVEN SHAREHOLDERS
AT LEAST ONE DIRECTOR SHOULD BE RESIDENT
NO CAPITAL REQUIREMENT
DOCUMENTS REQUIRED
PHOTOGRAPH
Latest Passport size photograph of Shareholders & Directors.
PAN CARD
Pan Card of Shareholders & Directors
Foreign Directors must provide a valid Passport notarized or apostilled
ADDRESS PROOF
Latest Telephone Bill /Electricity Bill/ Bank Account Statement of Shareholders and Directors.
IDENTITY PROOF
Aadhar Card/ Voter ID/Passport/ Driving Licence of Shareholders & Directors.
FOR REGISTERED OFFICE
Rent agreementUtility bills-telephone, electricity,and municipal(Not older than 2 Months)NOC From Owner.
Post Company Registration Requirements?
Once the Company registration is completed, you have to take the necessary steps in order to make a strong presence in the industry.
Goods and Service Tax registration is required for Business with annual turnover exceeds Rs. 40 Lakhs (Rs 20 Lakhs for Northeast states) GST registration is mandatory for particular businesses like Export-Import, E-commerce, and Market Place Aggregator.
Trademark and Patent gives protection from infringement and duplication. With this, competitors cannot affect your brand and market value. The logo provides protection under the Trade Marks Act 1999.
OUR BEST SERVICES
Company Registration
Goods and Service Tax registration is required for Business with annual turnover exceeds Rs. 40 Lakhs (Rs 20 Lakhs for Northeast states) GST registration is mandatory for particular businesses like Export-Import, E-commerce, and Market Place Aggregator.
TRUST REGISTERATION
A Trust can be created by execution of trust deed: There are Two types of Trust. A Public Trust is Created for the benefit of general Public.
STARTUP INDIA REGISTERATION
Register your company in Startup India in 8-10 working days. Our dedicated team of professionals at Team Expert will help you to register your Company in Startup India