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Public Limited Company Registration




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Public Limited Company Registration

Setting up as a PLC means you own a Public Limited Company and permit you to offer shares to the public. A public limited company is a voluntary association of members which is incorporated and, therefore has a separate legal existence and the liability of whose members is limited. Its formation, working and its winding up, in fact, all its activities are strictly governed by laws, rules and regulations. The Indian Companies Act, 2013 contains the provisions regarding the legal formalities for setting up of a public limited company.

How Do I Start A Public Limited Company?


For registering a Public Limited Company, kindly go through the following steps

STEP-1: Requirement Before Registration

Minimum Authorized Capital and Paid-up capital should be Rs. 5,00,000/-. At least three Directors and Seven Members required forming a Public Limited Company.

STEP-2: DSC And DIN

The proposed Director should have a valid DIN (Director Identification Number) allotted by the Ministry of Corporate Affairs. One of the Directors should have a valid Digital Signature Certificate issued by the Certifying Authorities approved by the Ministry of Corporate Affairs.

STEP-3: Registering Your Company Name

Company Registration in India starts with filing of an application for Company Name. The chosen name for a company should be unique all over India. Usually in a day or two, concerned ROC approves the name if the applied name is not same or closely similar to the name of an existing company and the proposed name is in accordance with the Guidelines for Name Availability issued by the Ministry of Corporate Affairs (MCA). Check with MCA website to find you name availability, click here.

STEP-4: Submission Of Final Documents

On getting the company name approved we need to submit final documents to the ROC. The office ROC will scrutinize the incorporation documents. If the documents are found in order, the Company will be registered and the Certificate of Incorporation will be issued by the Registrar.

Documents required for company registration

Scanned copy of the following documents has to be provided by the promoters of the company

  • PAN card copy with Self attestation.
  • Voter Id copy or Passport copy or Aadhar card copy or Driving license copy with self attestation.
  • Latest Bank account statement or Mobile /Telephone bill or Electricity Bill (not older than two months)- no need for self attestation.
  • Latest passport size photo in jpeg.
  • For the registered office proof of the company, if the property is rented/ leased, then copy or rental agreement or lease agreement.
  • Copy of Electricity bill or Property Tax receipt or Water Tax receipt not older than two months.
  • Copy of No objection certificate from the owner of the property.
  • If owned property, copy of Sale Deed and Electricity bill is sufficient.
  • In case of NRI or Foreign national, Passport copy has to be notarized at the Indian Embassy of the particular country.
  • Utility bill has to be provided of the particular country where the NRI or Foreign national resides and it should be notarized.

Advantages of Public Limited Company

Frequently Asked Question

  • How many members are required to register a Public Limited Company?

    Minimum Three (3) Directors and Seven (7) shareholders required to register a Public Limited Company.

  • What is the minimum capital required to start a Public Limited Company?

    As per the latest amendment the cap for paid-up capital has been removed, but capital fee has to be paid for Authorized capital and it should be Rs. 5,00,000/- and not less than that.

  • Do I need to show the Authorized capital amount in my company bank account?

    Worry not; there is no need to show the authorized capital amount in your company bank account. Just open a bank account on company name and run your business.

  • Does INC-29 applicable for Public Limited Company?

    Yes, INC-29 is applicable for Public Limited Companies. But care should be taken while choosing your company names. In INC-29 only one name has to be provided, so before submitting your form through INC-29 have check the availability of the name.

  • Can I trade my shares in Stock Exchange after registering a Public Limited Company?

    No, there are two types of Public Limited Company, unlisted and listed Public company. Unlisted public company has no right to list their shares in Stock Exchanges and only listed companies has the right to list its shares in Stock Exchange. But if you want to register yourself as Listed Public Limited Company, huge compliance and more documentation is involved and it will delay the incorporation process. You can register as unlisted Public Company and then can convert yourself as Listed Public Limited Company.

  • How much time does it take to register a Public Limited Company?

    Dobizindia.com can complete the entire registration process within 15-20 days, if all the documents are provided in order, in the manner as we wanted. If delay is from your part in providing us the documents or delay in payment may also reflect in delay of incorporation.

  • Whom can I appoint as Nominee?

    Nominee should be any Resident of India. The term "resident in India" means a person who has stayed in India for a period of not less than 182 days during the immediately preceding one calendar year.

4 Step Process to Register your Company

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Starting A Business

Many founders are confused about what kind of entity to register when they start their business. Should it be a private limited company, limited liability partnership, partnership firm, one person company or a sole proprietorship. Each of these has very specific advantages and disadvantages. There is no one type for all businesses. A private limited company registration, for example, would be a good fit for any venture that will look for funding at a later stage. You can contact dobizindia for all the advice you need. We assure you of great service at a reasonable price.

Intellectual Property

In modern business, there is no other asset as valuable as intellectual property, and yet so many startups end up neglecting it. But this is surely not advisable, as trademarks, copyrights and patents ensure that you have sole rights to your creation, be it your brand, your designs or your inventions. At dobizindia, we are well equipped to handle all your IP requirements. We perform trademark registrations in just three days, can file a copyright registration for all your software, pictures, audio and video content, and can connect you to patent attorneys to conduct a patent search and file your patent applications.