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Approach public to pool money for your company.
Enjoy exclusive right over the benefits of company registration.
The information relating to the company such as name of the Company, date of incorporation, registered office address, status of the Company are made available in a publicly searchable database i.e. MCA. This feature increases the credibility between the customer, vendors and investors
An LLP is a separate legal entity from its partners. On incorporation it will be issued with a unique registration number, in the same way as a limited company. This registration number will stay the same throughout the lifetime of the LLP, even if the LLP changes its name.
The liability of each shareholder is limited. In simple words, a shareholder of a public limited company isn’t personally responsible for any loss or debts of the company for any amount greater than the amount invested by them; contrary to partnerships and sole proprietorships, where the partners and business owners are jointly and severally liable for the debts of the business.
In public limited Company Foreign Direct Investment is allowed upto 100% under automatic route which means any foreign entity or person can invest in company with prior approval.
An exit plan is essential for every entrepreneur to get rewarded for all their hard work. Any individual or entity can transfer or sell their shares anytime in part or whole without any restrictions.
LIt is essential for your businesses to grow quickly and limited Company have the ability to attract funding from any source i.e. angel investors, private equity firms or any other entity by way of issuing shares, transferring shares/debentures or otherwise
Myth is an unproved or false mutual acceptance that is used to justify a common society
To start a new business in India, it is necessary to choose the right business model that suits the requirements, nature, and activities of the business. There are many kinds of business structures in which a business can be incorporated in India, one such kind of business is public limited company registration. This guide talks all about public company registration, criteria of registration, documents required for registration, registration process and at the end conclusion.
An online public limited company registration in India is a business model which is register by the registrar of company. It gives a great platform to the entrepreneur for increasing their business on national as well as international level as the name comprises “PUBLIC” word which simply shows that the company can boost their funds from the general public and they have full interest and stake in the company. However, their liabilities are limited. A public company usually begins with a minimum of 7 people, but there is no maximum limit of the shareholder.
In a private limited company, the number of members limited to only 200. But there is not such a limit in the public limited company which means there can be either fifty shareholders or five thousand shareholders in the public company, but it should not be less than seven. The management is managed by the board of directors of the company which contains a minimum of 3 persons as directors of the company. The trading of the share also becomes possible under a public limited company through the stock exchange.
Under a public limited company, any person can become the shareholder of the company no matters where he/she lives and what is his/her identity the only thing requires is that he/she should hold at least 1 share of the company to become its shareholder. People invest their funds and get the possibility to earn a profit in the form of dividends and other different ways. Special feature of public limited company is limited liability for every shareholder is limited.
Here Neusource an online business services platform serves you to perform online public limited company registration in India at the fastest turnaround time. You don't need to be in the office physically. For registering a public limited company in India from anyplace is required to stay in touch with us via mobile app or website.
A public limited company is normally established to generate capital from external sources, i.e. the general people for starting a business, business expansion, technological advancement, global expansion, etc., But a public limited company more suitable just for large organizations. Organizations that have a comprehensive perspective and higher growth possibilities, rather than a small shop located next door.
We concern the matters relating to false guarantees and specifically addressed the same by providing the MONEY BACK GUARANTEE for the service in simply 7 working days. When an individual not absolutely pleased with the services for which he paid, he might standup the disappointment with a describing observation. We maintain with precaution and issue a refund or credit the charge card according to the internal refund policy.
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It is not possible to register a name that is too similar to an existing company name or trademark. When it comes to name of company, a degree of freedom is given by the companies’ act 2013, however, there are certain rules and restrictions that are required to be consider during selecting the name.The name of the public company should close by word 'Limited'. It is advised to submit with two names in the order of preference. Company name rules and guidelines will be used at the time of application.
During the registration process, all the documents are submitted online through MCA Portal. The incorporation forms are required certification of the directors and shareholders using digital signature certificate. All directors and shareholders should have a digital signature certificate to authenticate the documents that are being filed.
After checking the company name availability, the company incorporation documents such as memorandum of association (e-MOA) and articles of association (e-AOA) have to be executed by the promoters in the prescribed format along with documents i.e. consent to act as director, affidavits and declaration and KYC of promoters and utility bill not older than 2 months for registered office address.
For successful completion of process, it is required to submit the e-forms with the MCA on the website for the purpose of approval.
Once the forms get approved, the certificate of incorporation will be issued under the hand of Ministry of Corporate Affairs.
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Generally, time period of 8-10 working days is required in registration of a company, however it is a legal process and government approval is involved therefore committing a fixed period is not beneficial, startups are recommended to plan in advance before the announcement date of their business.
The minimum requirement for setting up public company is having minimum seven shareholders and three directors, the directors can also be shareholder.
Previously there used to be minimum requirement for paid up share capital whereas presently there is no such limit. Any paid up capital can be used for incorporation.
Yes, after incorporation changes are possible. The changes like name change; object clause change; management change; authorized capital change; paid up capital change and many more if allowed under law.
After the allotment of shares the same can be transferred to outsider even few percentages out of the holding can also be transferred to the transferee provided SH-4 transfer deed must take place.
