Business Registrations
Public Limited Company Registration
What Is a Public Limited Company?
Embarking on the Public Limited Company Registration journey involves crucial steps. Begin by selecting a distinctive name and securing its approval. Assemble a team with a minimum of two directors and seven shareholders (with no maximum limit). Draft the Memorandum of Association and Articles of Association, delineating the company’s goals and governing principles. Ensure the necessary share capital is in place. The subsequent phase entails meticulous preparation and submission of essential documents, encompassing forms, proofs, and declarations. Following a thorough review and approval process, you’ll be bestowed with the Certificate of Incorporation. Post-registration, attend to obligations such as acquiring a tax ID, initiating a bank account, and meeting statutory requirements. It’s imperative to engage with professionals well-versed in the regulatory landscape of your jurisdiction for precise guidance throughout this comprehensive process. Ease Compliance can help you navigate the entire process, but first, let’s explore the key aspects of Public Limited Company.
Features of a Public Limited Company
- Capital Generation: Public Limited Company can raise capital by issuing shares to the public, allowing them to gather funds for business expansion and investment opportunities.
- Credibility and Market Reputation: Public Limited Company status enhances the company’s reputation, instills investor confidence, and improves brand perception, leading to potential business growth and partnerships.
- Share Transferability: Public Limited Company offer flexibility in buying and selling shares, making it easier to transfer ownership, attract investors, and facilitate liquidity in the stock market.
- Tax Advantages: Public Limited Company often enjoy certain tax benefits and incentives, providing opportunities for long-term business planning and optimizing tax obligations.
- Access to Borrowing: Public Limited Company have increased credibility, enabling them to secure loans and credit facilities from financial institutions for business expansion and development.
- Employee Incentives: Public Limited Company can offer employees stock options and share ownership plans, fostering employee loyalty, and motivation, and aligning their interests with the company’s success.
- Prestige and Market Positioning: Public Limited Company status adds prestige, signaling a higher level of compliance, transparency, and corporate governance, attracting business partners and customers.
- Growth Potential: Public Limited Company have the potential for rapid growth and expansion, attracting skilled professionals, accessing better resources, and engaging in strategic partnerships or mergers and acquisitions.
We Can Help You Establish Your Company
Setting up a Public Limited involves various legal and financial procedures. Our team of professionals at Ease Compliance can guide you through every step, including:
- Company Name Approval
- Digital Signature Certificate (DSC) Procurement
- Director Identification Number (DIN) Application
- Drafting of Memorandum of Association (MOA) and Articles of Association (AOA)
- Company Incorporation
- Compliance with the Companies Act, 2013
List of documents required
List of documents related to the Director of the Company
- Aadhar and PAN Card of the Directors;
- Latest passport-sized photos of all Directors;
- Copy of bank statement or utility bill (not older than two months)
- Copy of passport (in case of foreign national or NRI)
List of documents related to the Company’s Registered Office
- Rental Agreement (if place is rented)
- Non Objection Certificate (NOC) from owner of the property (if place is consent)
- Sale Deed of the Company premise in the Company’s Name;
- Latest light bill or telephone bill of proposed company premise
Beyond Incorporation: Ongoing Support
Our services extend beyond incorporation. We can assist you with:
- Maintaining Statutory Registers and Books of Accounts
- Taxation Planning and Compliance
- Financial Reporting and Analysis
- Secretarial Services
Get in Touch with Us Today
Ready to embark on your entrepreneurial journey with a Private Limited Company? Contact Ease Compliance We’ll ensure a smooth incorporation process and provide ongoing support to help your business flourish.