A Public Limited Company is a corporate entity that can offer its shares to the public and is listed on stock exchanges. It offers enhanced credibility, better access to capital markets, and increased liquidity for shareholders. At Asktrix, we provide comprehensive public limited company registration services with expert guidance throughout the entire process.
Public Limited Companies are ideal for businesses that want to raise capital from the public, list on stock exchanges, or require enhanced credibility and transparency. This structure is perfect for large-scale businesses, companies planning IPOs, and organizations seeking public investment.
The following documents are essential for public limited company registration:
To register a public limited company, the following criteria must be met:
Our streamlined process ensures quick and hassle-free company registration:
Submit company name for approval through RUN (Reserve Unique Name) service.
Obtain DSC for all directors to enable online document signing and filing.
Submit SPICe+ form with all required documents and information.
Submit Memorandum of Association and Articles of Association.
Apply for DIN for all directors through Form DIR-3.
Apply for Permanent Account Number and Tax Deduction Account Number.
Receive Certificate of Incorporation and commence business operations.
Open corporate bank account for business transactions.
Public limited companies must comply with various regulations under the Companies Act, 2013:
Post-registration, public limited companies must fulfill various compliance obligations:
Find answers to common questions about public limited company registration in India.
A public limited company requires a minimum paid-up capital of ₹5 lakhs. However, there's no maximum limit on the capital that can be raised.
A public limited company requires a minimum of 3 directors and can have a maximum of 15 directors. At least one director must be a resident of India.
A public limited company requires a minimum of 7 shareholders. There's no maximum limit on the number of shareholders.
Yes, public limited companies can offer shares to the public through Initial Public Offerings (IPOs) and subsequent public offerings, subject to regulatory compliance.
To list on stock exchanges, companies must meet minimum capital requirements, profitability criteria, and comply with SEBI regulations for public offerings.
With Asktrix, public limited company registration typically takes 15-25 working days, depending on document verification and government processing time.
Public limited companies must comply with annual filing requirements, board meetings, AGM, statutory audit, and maintain proper records as per Companies Act, 2013.
Yes, foreign nationals can be directors in public limited companies. However, at least one director must be a resident of India.
Listed companies have their shares traded on stock exchanges, while unlisted companies can offer shares to the public but are not listed on any exchange.
Public limited companies are subject to corporate tax, dividend distribution tax, GST (if applicable), TDS, and other statutory taxes based on their business activities.
Asktrix offers end-to-end assistance for Public Limited Company registration, ensuring a smooth and compliant setup. For personalized support, visit our website or contact us to start your journey towards public company registration today!