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Company registration in India is easy with TaxRobo. Take advantage of our carefully curated plans for company registration with a simple step.
Online Public Limited Company Registration
Incorporate a Public Limited Company in India with Tax Robo. Get expert assistance and guidance on the Process of Registration of a Public Limited Company.
Start with the customer – find out what they want and give it to them.
Professional CA/CS/CMA Support
Quick Process
100% Compliance Support
Easy Process
All Financial Services in One Place
Tele Support
What is a Public Limited Company?
Before Start a Business, Selection of Form of Business Entity is one of the MOST IMPORTANT DECISIONS. A Public Company means a company which is not a Private Company and it can expand its business by issuing more shares to the general public. You can start your Public Company with Minimum Number of 3 (Three) Directors and 7 Seven shareholders who may be Individuals or Companies. Both Directors and Shareholders may or may not be the same person. Registration of Company has been regulated by the Companies Act, 2013 and governed by the Ministry of Corporate Affairs (MCA) Registrar of Companies. Registration of Company will be processed at the Central Registration Centre (CRC).
A Public Limited company begins its operations after receiving the Certificate of Incorporation and Commencement of Business. The process of forming a Public Limited Company will be completed within 20 working days. The actual time frame will depend on how quickly you are able comply with the requirements on your end document signing, providing the support documentation, etc.
Important Legal Registration Required for Limited Company
MSME Registration for Ltd Company
GST Registration for Ltd Company
IE Code Registration for Ltd Company
FSSAI Registration for Ltd Company
RERA Registration for Ltd Company
PF & ESI Registration For Ltd Company
Advantage Of Public Limited Company Registration
Company Registration in India allows Foreign Investment: A public company lets foreign players with big pockets invest in your Business, thus prodigy greater opportunities and increased capital.
The biggest benefit is undoubtedly the ability to amass enormous wealth by selling shares of the company. However, there are some other benefits as well. They are :
Easy Fund Raising
Registering a Public Limited Company will give you an opportunity to raise funds via bank loans, Angel Investors, Venture Capitalists, etc.
Directors and Shareholders
Shareholders: Both individuals and Companies can become shareholders. Foreign citizens and companies can hold shares, too.
Directors: Public Company starts with minimum 3 Director but at least one of them must be Indian who hold the position India if there is a second director who is a Non-resident.
No Minimum Capital
There is no requirement of Minimum Capital to start a Public Company. A Public Limited Company can start with a minimum amount of Rs. 1,000 as total Share Capital.
Limited Liability
Directors of Public Limited Company have NO PERSONAL LIABILITY for the debts of the company. In a case of default, creditors or bankers can only sell company’s assets but not personal assets of directors.
Foreign Investment (FDI)
100% FDI is allowed through the automatic route and approval route subject to the FDI Policy and sectoral caps. Any Foreign Company or Foreign Person/NRI can directly invest in a Public Limited Company.
How to start a public limited company in India?
It is easy to start a Public Limited Company, provided one follows a well-laid-out plan formulated by legal experts. Tax Robo's team of robust and professional lawyers has curated a step-by-step method to form a public company. In case the process sounds too cumbersome, Tax Robo is always there to assist you.
In order to open a Public Company, One must have 3 directors, 7 shareholders, and a capital of Rs. 5 lacs ready before moving ahead.
It is also required to have an office that will act as the registered office of the company. It needs to be registered with the Registrar of Companies (ROC) under whose jurisdiction the office location falls..
DSC (Digital Signature Certificate) is a person's credentials such as his name, the country he belongs to, Address, PIN code, E-mail ID stored in an electronic format.
A DIN (Director's Identification Number) is an 8-digit unique identification number, which is allotted by the Central Government to each individual who wants to be a director of any company or who already is a director of any company.
As per the rules laid by Ministry of Corporate Affairs and stated in the companies act, 2013, it is mandatory for directors of a company to have both DSC and DIN before applying to form a Public Limited Company.
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Memorandum of Association (MOA) is a document that contains all the fundamental data which are required for the company incorporation.
It usually contains information such as name of the company, registered office address, aims and objective of the company, information about shareholders & share capital etc.
Articles of Association (AOA) is a document containing all the rules and regulations that govern the company.
It contains information about distribution of shares among members, voting rights, procedure to elect chairman, dissolution processes etc.
Thankfully, one can now file these documents online, from the comforts of their home and office.
For electronic AoA, the form is INC-32 & for electronic MoA, the form is INC-33.
Once all is done, The Registrar of Companies (ROC) examines your documents and if everything is okay, the registration is completed and you are issued a Certificate of Incorporation (COI) and Corporate Index Number (CIN) of your new Public Limited Company.
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As much as you'd like it, you cannot begin operations of your newly found PLC without a Certificate of Commencement of Business.
You must apply for this certificate within 180 days of receiving COI, declaring the subscription fee has been paid by all shareholders.
[Red Alert : It is important to apply for Certificate of Commencement of Business immediately in the stipulated time frame, failing to do so will make the company liable to a penalty of fifty thousand rupees and every officer who is in default shall be liable to a penalty of one thousand rupees for each day during which such default continues but not exceeding an amount of one lakh rupees.
It is easy to start a Public Limited Company, provided one follows a well-laid-out plan formulated by legal experts. Tax Robo's team of robust and professional lawyers has curated a step-by-step method to form a public company. In case the process sounds too cumbersome, Tax Robo is always there to assist you.
WHY ENGAGE TAXROBO
Comprehensive Packages:
Our packages are comprehensive. The price covers everything required. Everything you need to get started, for one fixed price.
Team Work:
Our team is adept in online coordination with you, when it comes to all these steps, from beginning to end: This will make all aspects of your Public Company Formation very easy
Satisfaction Guaranteed
No long term contract, no commitments. If you don’t like our services you are free to change anytime.
I don't think I can do this alone. I need professional help. Whom should I contact?
Looking for help setting up your Public Limited Company?
Well, your search ends here. Tax Robo is here to help You.
Now sit back, relax, and watch us solve all your troubles in a jiffy. Forming your Private Limited Company is our responsibility, which we will fulfill with utmost care and dedication.
Leave it to us!
Basic Package
₹28999 .00
* All Exclusive
- MOA & AOA Drafting
- Digital Signature Certificate 2 Years Validity (7 Persons)
- Name Approval
- PAN & TAN
- Incorporation Fees Authorised Capital Of Rs.10 Lakhs
- GST Registration
- Incorporation Certificate
- File Commencement of Business form
- Appoint First Auditor of the Company
-
Free 3 Months "Accounts Robo" ERP Software.
Family Auditor
₹33999 .00
* All Exclusive
- MOA & AOA Drafting
- Digital Signature Certificate 2 Years Validity (7 Persons)
- Name Approval
- PAN & TAN
- Incorporation Fees Authorised Capital Of Rs.10 Lakhs
- GST Registration
- Incorporation Certificate
- PF & ESI Registration
- Statutory Registers and Records
- Share Certificate
-
File Commencement of Business form
- Appoint First Auditor of the Company
- Free Experts Consulting
-
Free 3 Months "Accounts Robo" ERP Software.
Accounts Robo ERP Software for SME Business
Accounts Robo is a SaaS solution that can help you manage all your work processes. Starts with a simple and easy-to-use interface that helps you Automate Tasks like CRM, Sales, Billing, Accounting, Managing Projects & Inventory, HRMS, Website, and more!.
Accounts Robo's Modules
✓
GST Billing & Accounts Management
✓
CRM
✓ Sales Management
✓ Payroll
✓ HR Management
✓ Purchase Management
✓ Store & Inventory Management
✓ Manufacturing
✓ Website & Customer Portal
✓ e-Commerce
✓ Software Project Management
Knowledge of the Business
✓ Do you have previous experience in the same Business? how many years?
✓ Product analysis with the questions of whether the product is under any restricted sales in India eg. Cement, Steel.
Marketing Strategy
✓ Marketing strategy is available with target customers.
✓ Pricing of products and margin available in the product.
Growth of the Business
✓ Growth of the Business in India for the next 5 to 10 years.
✓ Feasibility report of the Business and products.
✓ Business plans and projected Financial Product for 5 years.
Funds – Working Capital
✓ Sufficient working capital required for running the Business for a minimum period of 3 months. The funds can be own funds or Bank funds.
✓ How many months of Investment in the Business have required, returns on investments, and working capital funds available for fixed expense months?
Public Limited Company Registration Process Online in India - Simple Steps
Step 1
Obtain Dsc for Directors And Apply Name Approval (After Check Company Name Availability)
Step 2
Incorporation Of Documents (Draft Sent To You For Confirmation)
Step 3
File Spice + Forms
File the required documents Memorandum & Articles of Association
Step 4
Get Incorporation Certificate, Pan, TAN & Bank Accounts
Documents Required For Incorporation Of A Public Limited Company
ID Proof
Indian National
• Self-attested copy of PAN
• Passport Size Photo
Foreign National
• Copy of Passport duly attested by Consulate of Indian Embassy or Foreign Public Notary.
• Passport Size Photo
Registered Office Proof
Copies of the utility bills:
• Telephone Bill, (not older than two months) or Electricity Bill etc. (not older than two months).
• If it is a rental property, we need to obtain the No Objection Certificate from owner of the Property.
Address Proof
Indian National
• Self-attested Address proofs like passport/Aadhaar Card /Voter ID.
• Telephone Bill/Bank Statement/ Electricity Bill etc. (not older than two months) or
Foreign National
Copy of Driving License/Utility Bill/ Bank Statement duly attested by Consulate of Indian Embassy or Foreign Public Notary.
Photo
Latest passport size photograph
Compliance After Incorporation Of Public Limited Company
Statutory Obligations
✓ File GST return every month without delay
✓ PF & ESI return filing
✓ TDS Payments & Return filings
✓ Advance Tax payments
✓ File Income Tax return by every year before due date
Compliances
✓ GST registration
✓ PF & ESI Registration if applicable
✓ Profession Tax registration
✓ Import & Export Code registration
✓ STPI Registration / SEZ registration
✓ Secretarial compliance required for passing resolutions, Change in Management, entering contracts, loan obligations etc
Accounts & Operations
✓ Open a Bank account with one Private Bank and one scheduled Bank
✓ Get one accounting software with GST facility
Performance
✓ Review Financial Products performance by every 3 months
✓ Compare the budget amount with actual Financial Products results