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At ComplyHub, we simplify the process of registering your Public Limited Company, ensuring a seamless and hassle-free experience. Our expert team guides you through every step, from name reservation and document preparation to filing with the relevant authorities. We handle all legal and compliance requirements, so you can focus on building your business.
Advantages
Particularly in raising capital and expanding its market presence. By selling shares on the public stock exchange, a PLC can access large amounts of funding, which aids in growth, innovation, and stability. Limited liability protects shareholders, limiting their responsibility to the value of their shares, and the transferability of shares provides liquidity for investors. The company’s reputation is often enhanced by its public listing, increasing credibility with customers, banks, and suppliers. Additionally, a PLC’s perpetual succession allows it to continue operating even as ownership changes, enabling long-term planning and making it easier to attract skilled employees by offering stock-based incentives.
A PLC faces several challenges. Maintaining regulatory compliance and transparency requires significant resources, increasing operational costs and often requiring dedicated teams for financial reporting. This transparency also exposes sensitive information to competitors and subjects the company to public scrutiny. PLCs are susceptible to hostile takeovers, as anyone can buy a large portion of shares, potentially leading to a loss of control for original owners. Additionally, the need to satisfy shareholder expectations for short-term returns can limit the company’s focus on long-term goals. Decision-making in a PLC can also be slower and more complex due to the involvement of multiple stakeholders and adherence to corporate governance standards.
Get Digital Signature Certificates for directors and shareholders.
Apply for Director Identification Numbers through DIR-3 or SPICe+ form.
Reserve a unique company name.
Prepare and file the Memorandum and Articles of Association.
Submit the incorporation form with DSC, MOA, AOA, and required documents.
Receive the COI with Corporate Identification Number (CIN).
Minimum Number of Members: At least 7 members are required to form a Public Limited Company. There is no upper limit on the number of members.
Minimum Number of Directors: A minimum of 3 directors is required. At least one director must be a resident of India.
Minimum Capital Requirement: A minimum authorized share capital of ₹1 lakh is required (subject to change as per government regulations).
Digital Signature Certificate (DSC): All proposed directors must have a Digital Signature Certificate for online filing of documents.
Director Identification Number (DIN): All proposed directors must have a valid DIN issued by the Ministry of Corporate Affairs (MCA).
Company Name Approval: The proposed company name must be unique and approved by the Registrar of Companies (ROC).
Registered Office Address: The company must have a registered office address in India, which will be used for official communication.
Memorandum of Association (MOA) and Articles of Association (AOA): These documents must be drafted, signed by the members, and filed with the ROC.
Compliance with Regulatory Authorities: The company must comply with the rules and regulations of the Companies Act, 2013, and other applicable laws.
Estimated Completion Time
15-20 Days
Estimated Completion Time
8-10 Days
Estimated Completion Time
5-7 Days
The expected completion time given above for all packages does`not include the time taken by the government for approvals.
Company name reservation is free for the first time. Applying again would be chargable.
Get 10% Flat OFF on Trademark registration and GST Registration packages if you buy a premium package for private limited company registration
