Public Limited Company Registration has become an ideal choice of business entity for a medium as well as large-sized businesses. Walk2Register.in offers Public Limited Company Registration online at a cheap cost. Being a public limited company, they allow a firm to sell its shares to investors for raising capital.
A Public Limited Company Registration needs a minimum of three directors which is high in number as compared to a Private Limited Company Registration.
The minimum number of the member required for public limited companies is seven where no cap is needed over the maximum number of members. A company can be incorporated in a public limited company in India by at least 7 persons. Get registered your public limited company within 10 days by walk2register.in.
A Public Limited Company Registration is a creation of law and can be incorporated as per the law and provisions contained in the Companies, act 2013 and the rules made thereunder. Any seven-person can start Public Limited Company Registration with no limitation to the number of shareholders in the company. This form of business is suitable for a large scale of business where the capital requirement is very high and the company is willing to obtain money from the public at large. We shall be extending our support at the initial consultation to draft the objects and name selection for the company, to file the necessary application for incorporation and regular followup with the ROC until the certificate of incorporation is issued.
A company can be registered in India, by at least seven persons, who shall act as the shareholders of the company. There is no limit on the number of shareholders and the minimum director required is 3 which cant exceed 15 directors.
One director of the company must be a resident in India. A person is said to be resident if he or she stays in India for at least 182 days during the preceding financial year irrespective of their citizenship. The days of stay can be in phases.
Invest as per the requirement of your business, and there is no minimum capital requirement as such to be maintained in the company. However, the government fee on company registration is calculated on the capital.
The proposed name of the company should not resemble any existing company or LLP. Further, you must check the trademark registry to ensure that the name does not match with any registered or applied trademark in India.
There are various rules and regulations prescribed under the companies act, 2013 for the formation of a public limited company. Here is what you should keep in mind when registering a public limited company: