Public Limited Company (PLC) registration

Launching a business as a Public Limited Company represents a significant opportunity, as it is the pinnacle of corporate entities within our country. Operating as a Public Limited Company entails substantial capital investment and provides access to a range of prestigious features and benefits..

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Public Limited Company (PLC) registration

Advantages of Public Limited Registration

  • It limits the liabilities of shareholders within their business shares only and shields personal assets from being affected.

  • Easy to transfer shares for the shareholders.

  • It has unlimited financial exposure from the public to invest in the company and increase its capital.

  • Unsystematic risk in business is minimized as company shares are largely distributed in public.

  • Compared to other business structures, Public Limited Company has a high brand image and it is more transparent and credible.

  • It receives better business opportunities and more scope of expansion. A Public Sector Company’s business status gets more exposure in similar traders and hence can gain more capital through tie-ups.

Required Documentation for Public Limited Registration

  • PAN Details of directors and shareholders

  • Passport size photograph of directors

  • Copy of voter ID Card/Aadhaar Cards of the directors

  • Address proof of directors and shareholders

  • Address proof of the business space. For rented business space, rental agreement of the same

  • Landlord’s NOC, where the business space is located

  • If you own the business space, property papers

  • Electricity/Water bills of business place is required

Service Includes

  • DIN for 3 Directors

  • Memorandum of Association / Articles of Association (MOA / AOA)

  • Digital Signature for 3 Directors

  • Name Search & Approval

  • Issue of Incorporation Certificate (CIN)

  • Government Fees & Stamp Duty up to INR 20,500

  • Company PAN & TAN

Steps to Register a Public Limited Company

STEP-1) Ensure the Minimum Requirement of the Company

Ensure the minimum requirement of the company, such as the number of directors, share capitals, etc.

Provide shareholder’s basic details:

  • Full Name
  • Email
  • Phone number

STEP-2) Apply for DSC (Digital Signature) & DIN (Director’s Identification Number)

We’ll work for you to get these documents.

STEP-3) Name Approval Application and Its Verification

We’ll associate with you to finalize this document and get it registered successfully.

STEP-4) Submission Of MOA (Memorandum Of Association) & AOA (Article Of Association)

We’ll be working based on the documents you provide to complete this submission.

STEP-5) Certificate Of Incorporation

Registrar of Companies will issue your Certificate of Incorporation after all the above documents are successfully registered from our side and the processing fee for Public Limited Company Registration is deposited as provided from your side.

STEP-6) CONGRATULATIONS!!

Your Public Limited Company Registration is complete now. You can apply for PAN, TAN, and Bank Account in the name of your Public Limited Company.

Frequently asked questions

A Public Limited Company is a type of business entity that offers its shares to the public and has limited liability. It's listed on a stock exchange and can raise capital from public investors.

PLCs have limited liability, meaning shareholders' liability is limited to the amount they invest in the company. They can raise capital by issuing shares to the public and are governed by regulations specific to public companies.

The main difference lies in the ability to offer shares to the public. PLCs can trade shares on the stock market, while Ltd companies cannot. Additionally, the compliance requirements for PLCs are usually more stringent than for Ltd companies.

To start a PLC, you need to register your company with the appropriate regulatory body in your jurisdiction. This typically involves drafting articles of association, appointing directors, and issuing a prospectus if you intend to offer shares to the public.

PLCs have easier access to capital through the stock market, greater prestige and credibility, and the ability to attract high-profile investors. They also have the potential for rapid growth due to increased liquidity of shares.

PLCs face greater regulatory scrutiny and compliance costs. They may also have less control over decision-making due to the dispersed ownership structure resulting from publicly traded shares. Additionally, there's pressure to deliver consistent returns to shareholders.

PLCs are typically governed by a board of directors elected by shareholders. They must comply with various regulations regarding financial reporting, disclosure, and corporate governance.

Generally, yes. Shares of PLCs are traded on stock exchanges, so anyone with access to the market can buy and sell them. However, some restrictions may apply depending on local regulations and company policies.

Issuing shares in a PLC involves complying with regulatory requirements, such as issuing a prospectus outlining the details of the offering and obtaining approval from regulatory authorities. Shares are then typically offered through an initial public offering (IPO) or subsequent share offerings.

Dividends are typically paid to shareholders in proportion to their shareholding. The board of directors determines the dividend amount based on the company's profits and financial position, subject to approval by shareholders.
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