Public Limited Company
The Public Limited Company is a large business entity that has limited liability and also offers shares to the public. It provides huge benefits to the people compared to the Private Limited Company. Public Limited Company enjoys benefits like ease of transferability, limited liability, borrowing capacity, and perpetual existence.
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Basic Plan Includes
• Digital Signature Token for 7
• Digital Signature Token for 7
• DIN for 3 Directors
• AOA, MOA
• MCA fees for Incorporation
• Company Name Approval
• Incorporation Certificate
• Company PAN Card
• Company TAN/TDS Number
• Company Round Stamp
• Hard Copy of Share Certificate
• Esic
• PF Number
• PT
• Directors Round Stamp for 3
• Bank Account Documents
• Commencement of business certificate
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GST Registration
Udhyog Aadhar Registration
Start Up India Registration
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Basic Package Includes = • Digital Signature Token for 7 • DIN for 3 Directors • AOA, MOA • MCA fees for Incorporation • Company Name Approval • Incorporation Certificate • Company PAN Card • Company TAN/TDS Number • Company Round Stamp • Hard Copy of Share Certificate • Esic • PF Number • PT • Directors Round Stamp for 3 • Bank Account Documents • Commencement of business certificate
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advantages
Quick Share Transfer
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Shareholders of a public limited company can transfer their shares with great ease. All they need to do is file the share transfer form and hand over the share certificate to the buyer. The process of transferring your share in other business structures is hugely tedious..
Raise Capital
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The big advantage of the public limited structure is that you can leverage it to raise capital from the general public through shares. This would, however, require listing on a stock exchange. All public limited companies can issue fixed deposits, debentures, convertible debentures to the general public..
Greater Credibility
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Public limited companies need to disclose their audited statement of accounts, inform the regulatory bodies of any structural change and hold annual general body meetings for all shareholders. It’s tedious but these compliances bring a public limited company a great deal of credibility to the organisation..
Growth Opportunities
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Due to less risk, there is a perfect opportunity for growing and expanding the business by investing in new projects from the money raised through shares..
More Attention
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Being listed on a stock market ensures that mutual funds, hedge funds, and other traders take note of the business of the company. This may result in better business opportunities for the Public Limited Company..
Spreading Risk
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Since the shares are sold to the public at large the unsystematic risk of the market is spread out..
limitations
Increased Legal
Compliance & Cost
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Public Disclosure of
Company Info
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A company must file its Annual Returns, Financial Statements, Auditor’s reports, Board’s Report etc to the Registrar of Companies. Which become public document once filed with Registrar of Companies and may be inspected by general public including competitors by paying some fees to the Registrar of Companies. Information disclosure can make an entity competitively disadvantaged. Competitors – especially those not required to disclose any documents – can access that information and use it to improve their own business. Further Public disclosure of the financial affairs is necessary and greater public scrutiny of the company’s financial performance and actions.
Limited Personal
Control
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When promoters decide to privately issue shares to outsiders, they invite large number of new owners into the business. With reduced control, promoters typically cannot make and execute important decisions without consulting with other shareholders. Decisions take longer and there may be disagreement. And therefore personal touch may be lost.
Shared
Profits
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Profits are shared amongst a far greater number of people.
FAQ's
For simple questions, simple way of answer.
What is the minimum and maximum limit of directors to form a public limited company?
In case of Public Limited Company, Minimum three (3) and Maximum Fifteen (15) numbers of directors are required.
Who can be Shareholder/Member in Public Limited Company?
Any individual/Company/LLP can become a member of the private limited company including foreigners/NRI. However, the individual must 18+ above in terms of age and should have a valid PAN card.
What are the minimum requirements of Company Registration?
- Minimum 3 Director
- Minimum 7 Shareholder
- DIN (Director Identification Number for all Director)
- DSC (Digital Signature Certificate for all the Directors)
- Minimum Share Capital of Rs. 5,00,000/-
- The Director and Shareholder can be same
Are there any hidden charges after I take any of your Service?
No Hidden charges. Every details regarding charges are mentioned in the Quotation file sent to you.
What is Paid-Up Capital?
Paid up share capital of a company is the amount of money for which share were issued to the shareholder and for which payment was made by shareholder. Paid up capital will always be less than the authorized capital as the company cannot issues shares above its authorize capital.
Where do I get CIN No of the Company?
CIN is always mentioned at Certificate of Incorporation of the Company, you are required to mention Company CIN at all commercial documents like Letter Heads, Visiting Cards, and Website of the Company.