Public Limited Company Registration
Public Company
To incorporate a Limited Company, a minimum of seven people are required. A Limited Company must have a minimum of three Directors and seven shareholders. Public Company can invite public to subscribe to its shares. A Public limited company grants limited liability to its owners and management. A Public Company ends with the last name “Limited”
Documents and information required for setting up of Public Limited Company
- Digital Signature Certificate of all Subscribers
- Self-attested copy of PAN of all Director/Shareholders
- Self-attested Copy of Passport/DL/Voter ID of all Directors/Shareholders
- Latest Bank statement of all Directors/Shareholders
- Object of the Company
- Capital of the Company
- Declaration by first subscribers and directors
- Signed DIR-2 (Consent to act as a Director)
- Proof of Registered Office of the Company
Public Limited Company Registration
Public Limited Company Registration
Brief steps for Registration of a Public Limited Company
- Obtain Digital Signature of the proposed Directors of the Company. Digital signature is required for signing of the incorporation application (Spice Form)
- Reserve a unique fresh name by making an application in Online web service i.e. RUN on the MCA portal. Please note reserved name is valid till 20 days from the approval date.
- File application form (Spice forms linked with AGILE form) with the MCA. Now Companies can obtain ESIC/Provident Fund Registration/GSTIN at the time of registration of the Company.
- On being satisfied, CRC (Central Registrar Center) shall proceed to issue certificate of incorporation.
- After getting Certificate of Incorporation, Open Current Account in bank and deposit the subscribed amount of MOA in the Bank Account.
- File e-form INC-20A (Declaration for commencement of business) with MCA within 180 days from the incorporation date along with Bank statement of the Company