Public Limited Company in Jaipur | Company Registration in Jaipur

Easy process to Register a company

Limited company is the ideal choice of corporate entity for medium and large sized businesses that raise equity capital from the public.

About Public Limited Company

Public limited company is a most popular corporate entity amongst large businesses in India due to various advantages. A public limited company is the company that is able to offer its shares to the general public and has limited liability. A Public Limited Company's stock can be acquired by anyone and holders are only liable to potentially lose the amount paid for the shares.

Process to Register a Public Limited Company

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NEEDS of Public Limited Company

Minimum numbers of the director are 3.

Minimum paid up capital is Rs. 500000.

Minimum number of shareholder is 7 and there is no maximum limit of number members.

One of the director must be Indian resident Structure.

Can Issue Shares To the Public.

Advantages of a Public Limited Company

Separate legal entity

Accordance to the Companies Act the companies is legal entity. The members of a company have no liability to the creditors of a company for companies’ debts. The death, bankruptcy or withdrawal of capital by one member does not affect the company's ability to trade.

Easy to raise funds

Public Limited Companies can raise large amount of capital from the general public by issue of shares through IPO (Initial Public Offer) and FPO (Further Public Offer) and can also accept deposits from the public.

Limited liability of directors

The liability of the directors is only up to the amount that they invested in the company. Limited liability protects the personal wealth of a private company's directors, and does not put personal assets at risk.

Taxation

There are many allowances and tax deductible costs that can be offset against the profits of a company and the tax would be paid after deducting many costs incurred by director. In addition to that the current level of Corporation Tax is lower than income tax rates.

Borrowing Capacity

The Company enjoys better route for borrowing of funds through the debentures (secured as well as unsecured) and banking and financial institutions. The banking and financial institutions prefer to render large financial assistance to the company rather than partnership firms or proprietary concerns.

Easy to Transfer

In Public company the Shares of a company easily transfer by a shareholder to any other person. The public company providing more liquidity to its shareholders. Fill and sign a share transfer form and handing over the buyer of the shares.

FREQUENTLY ASKED QUESTIONS (FAQS)

A Public Limited Company is a Company limited by shares in which there is no restriction on the maximum number of shareholders, transfer of shares and acceptance of public deposits. The liability of each shareholder is limited to the extent of the unpaid amount of the shares face value and the premium thereon in respect of the shares held by him. However, the liability of a Director / Manager of such a Company can at times be unlimited. The minimum number of shareholders is 7.

As per the latest amendment the cap for capital requirement has been removed, but earlier it was the minimum capital requirement is Rs. 500000. As per our opinion the public limited company can be start the company Rs. 500000 to run the business.
Minimum Seven shareholders required to register a Public Limited Company.
A minimum of three directors are required to establish a Public Company and the maximum director cannot exceed beyond fifteen.
Yes, the company can be a shareholder in Public Limited Company
Yes, a salaried person becomes a director, there are no legal bondages in this but you may have to go through with your employment agreement if it contains any restrictions on doing so.

Following documents are required:-

  • Identity proof and address proof is mandatory for all the proposed Directors of the Company.
  • PAN Card is mandatory for Indian Nationals and foreigner.
  • The landlord of the registered office premises must provide a No Objection Certificate for having the registered office in his/her premises and must submit his/her identity proof and address proof.
Yes, an NRI or Foreign National can be a director after obtaining a DIN. At least, one of the directors has to be a resident Indian citizen.
No, there are two types of Public Limited Company, unlisted and listed Public company. Unlisted public company has no right to list their shares in Stock Exchanges and only listed companies has the right to list its shares in Stock Exchange. After incorporation the company can start listing process as per the guidelines. You can register as unlisted Public Company and then can convert yourself as Listed Public Limited Company.
Yes, INC-32 is applicable for Public Limited Companies. But care should be taken while choosing your company names. In INC-32 only one name has to be provided, so before submitting your form through INC-32 have check the availability of the name.

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Basic
Rs.36500/-
all inclusive fees

Public Limited Company Registration with DSC, DIN, Name Approval, Incorporation Fee, PAN, TAN, Share Certificates, Company Kit .
Bank A/c opening Assistance Services

Standard
Rs.40500/-
all inclusive fees

Public Limited Company Registration with DSC, DIN, Name Approval, Incorporation Fee, PAN, TAN, Share Certificates, Company Kit.
1 Year ROC Secretarial Compliance Fillings

Premium
Rs.46500/-
all inclusive fees

Public Limited Company Registration with DSC, DIN, Name Approval, Incorporation Fee, PAN, TAN, Share Certificates, Company Kit.
1 Year ROC Secretarial Compliance Fillings and Trademark Application

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