Public Limited Company Registration

If you are planning to expand your business, then a Public Limited Company (PLC) Registration Consultant in India would be your best choice. For businesses that are looking forward to the expansion of their business, registering for Public Limited Company Registration in India is an ideal option. Choosing PLCs over private companies means that PLCs have the ability to raise funds from the public by issuing shares on stock exchanges.

A Public Limited Company in India benefits from corporate entity status while offering limited liability protection. Startup Club India is here to help you start your public limited company in India with ease and efficiency.

In a Public Limited Company, ownership is open to the public through shares. These shares are available on recognized stock exchanges, which provide opportunities for brokers, traders, and investors to participate in equity markets. This way, people from different backgrounds can participate in ownership by purchasing shares.

Compared to private companies, public limited companies follow more detailed regulatory and financial reporting standards. Public Limited Companies in India must follow the rules outlined in the Companies Act of 2013. To start a Public Limited Company, they must have a minimum of 7 members, but there is no barrier to how many shareholders they have.

While the executive team handles the day-to-day tasks, ownership is shared by multiple shareholders investing in its stock. With voting rights, shareholders play an important role in selecting the board of directors and also shaping company policies. After being elected, the board chooses the executive team to task them with the company’s ongoing business plans.

Essential Features of a Public Limited Company

Below are the essential features of a public limited company:

• Board of Directors
• Company Name
• The Company's Prospectus
• Paid-Up Capital

The process of Public Limited Company Registration in Delhi follows a well-defined framework to ensure it aligns with the necessary regulatory obligations. Below is a detailed guide to the procedure:

Step 1: Make sure you have a Digital Signature Certificate (DSC)

Make sure that all proposed directors and subscribers to the Memorandum of Association (MOA) and Articles of Association (AOA) obtain Digital Signature Certificates (DSC) before initiating the registration process. To file forms online on the Ministry of Corporate Affairs (MCA) portal, a DSC is essential.

Step 2: Submit an Application for Director Identification Number (DIN)

A Director Identification Number (DIN) is a must for each proposed director. The SPICe form helps in making the application process easy and hassle-free. Proof of identity and address is required when applying for a Director Identification Number (DIN).

Step 3: Check Company Name Availability

Visit the MCA online portal to verify whether your desired company name is there or not. Make sure the name that you are choosing is not already in use or violates any existing trademark rights. To establish the unique identity of your company this is a very important step.

Step 4: File SPICe+ Form

Once your company name is approved, proceed with filing the SPICe+ form for registration. SPICe+ form handles all legal obligations required for the incorporation of a company. In addition to this form, you will also need to submit the Memorandum of Association (MOA) and Articles of Association (AOA), which outline the company’s structure and management rules.

Step 5: Certificate of Incorporation

The Registrar of Companies (ROC) will review your application after you are done with the submission of the SPICe+ form and necessary documents. Once all details are verified, the ROC formally issues the Certificate of Incorporation. This certificate works as a legal document which has the official formation of the company and contains the Corporate Identification Number (CIN) along with the date of incorporation.

Step 6: Apply for PAN and TAN

After getting the incorporation certificate, the next step is to apply for the company's Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN). Both a Permanent Account Number (PAN) and a Tax Deduction and Collection Account Number (TAN)  are required for handling taxation and fulfilling legal obligations.

Now, all you need is to open a bank account in the name of the company. To set up a bank account, you must provide the Certificate of Incorporation, MOA, AOA, PAN, and other relevant documents. All business-related payments and receipts will be done through this bank account.

With Startup Club India, your public limited company registration will be done in a smooth and hassle-free process. Because of our expert support and commitment to compliance, we make the entire registration process easy and simple.

Our team manages everything from Digital Signature Certificates (DSC), Director Identification Number (DIN), Memorandum of Association (MOA), and Articles of Association (AOA) to full legal compliance, ensuring complete support at every stage for your company.

Let Startup Club India manage all your paperwork so you can concentrate on expanding your business. Connect with us now and easily establish your public limited company in India. Besides India, we also help with registration in other countries such as Hong Kong, the United States, the United Arab Emirates, the United Kindgom, Canada, Australia, Singapore, Germany, and South Africa.