Public Limited Company
Is a form of company which is idea for Medium and Large size business models. A Public Limited Company needs to have Minimum 3 Directors and 7 Shareholders. The Persons holding shares can also act as Directors. Shares of Public company can be offered to general public.
Features of Public Limited Company
Process of Registration / Incorporation of Public Limited Company
- No minimum capital required.
- Minimum 3 Directors.
- Minimum 7 and No limit for maximum members.
- Separate Legal Existence.
- Limited Liability.
- Separation of Ownership and Management.
- Perpetual Succession.
- Having Borrowing capacity.
- Easy Transferability.
- Easeof Raising Funds.
- Name search.
- Name application.
- Obtaining Name Approval certificate.
- Obtaining Digital Signature.
- Preparation of all Legal documentation.
- Application for DIN & Incorporation
- Obtaining Certificate of Incorporation, PAN, TAN, Bank Account, GST, ESIC, EPFO and Profession Tax Registration (only for Maharashtra State)