Limited Company Registration

A public limited company is a business that is managed by directors and owned by shareholders. A public limited company can offer shares to the public. A public limited company is a company listed on a recognized stock exchange and the stocks are traded publicly. On the other hand, a private limited company is neither listed on the stock exchange nor are they traded. It is privately held by its members only.

The Public Limited Company is one of the types of business entities in India. Unlike Private Limited Company, a Public Limited Company issues shares to common public. Generally, the enterprenuers initially register their business entity as private limited, build strong financials and if they want to expand the business, they covert this into Public Limited Company and go for public issue. They will collect funds towards share capital by complying SEBI (Securities Exchange Board of India) guidelines and Stock Exchange Regulations. Thereby these companies share are traded on Stock Exchanges. The shareholder may trade their shares in the open market.

Advantages of a Public Limited Company

1. Better access to capital – Ability to  raise share capital from existing and new investors.
2. Liquidity – shareholders are able to buy and sell their shares if they are quoted on a stock exchange.

How to Register a Public Company with JSR Taxes Mentor:

The Private Limited Company is a well-known business concept in India. There are more than 120,000 companies registered on yearly basis. Due to its advantages such as limited liability, perpectual succession, employee attraction, director dual role, the private limited company is a favourite business structure in India. Private Limited Companies can raise bank loans, venture capital funding and external investments in Equity easily as compared to LLP.

The Registrar of Companies under the Ministry of Corporate Affairs, Government of India and the governing law for the companies is Companies Act, 2013.

Steps for Registration

1. Obtain a DSC (Digital Signature Certificate)
2. Apply DIN (Director Identification Number)
3. Application for the Name applicability
4. Submission of Incorporation Form
5. Submission of MOA and AOA
6. Apply for TAN, PAN, EPF and ESIC
7. Issue a Certificate of Incorporation by ROC with PAN, TAN

Documents For Public Limited Company Incorporation (all documents should be clear scan copy with sign by shareholders and Directors ) :

1. Copy of PAN Card of all Promoter and Share Holder
2. Copy of Aadhaar Card / Voter Id / Passport of all Promoter and Share Holder
3. Passport Size Photo Graph of all Promoter and Share Holder
4. Latest Bank Statement / Utility Bill of all Promoter and Share Holder
5. Registered Office address of the Company along with Address proof (Electricity
   Bill/Telephone bill/gas bill/mobile bill not older than 2 months)
6. Rent Agreement from the Property Owner
7. No Objection Certificate from the Owner

Information Required :

• Occupation of the applicant.
• Area of occupation.
• Educational Qualification.
• E mail ID of the applicant.
• Mobile No. of the applicant
• Place of Birth
• Proposed name of the Company (one or two names in preference order) Authorized and paid up share capital
• Main Object of the company
• Police station address where the registered office is to be situated.
• % of shares to be subscribed by Subscribers
• Email ID, Mobile No, Occupation and area of occupation of all Directors.