There are only simple steps:
- Power to transfer shares- a public ltd company can transfer shares to public and raise funds from public
- Unlimited Members – One of the best advantage of public ltd company is that there is no limit on number of members in the company
- Limited Liability –Despite having characteristic of unlimited members the liability of all the directors in Public limited company is limited to the extent of stake they hold in the company
- More Transparency – Working of a public ltd company is more transparent because it separates its management from its ownership
- Property Rights – A Public ltd Company can gain, posses, and enjoy its property in its own name. No shareholder can claim upon the property.
Highlights
Limited Liability
Liability of shareholder for the losses of the company is limited to their contribution only.
Perpetual Succession
A business of the Company will not affect if there is any change in the ownership of the company.
Listing on Stock Exchange
Public Company can be listed on stock exchange and raise funds by way of public issue.
Transferable Shares
Shares of a public company are freely transferable between its members and non-members.
Disclosure & Transparency
The public company ensures stringent disclosure compliances. Financials of the company is in public domain.
Minimum Directors & Shareholders
Minimum 3 directors, Minimum 7 shareholders required and there is no limit on maximum shareholders.
From your Procedure
Step 1
Upload the Required Documents & Information to our web portal
Step 2
Choose Package and Pay online with different payments modes available
Step 3
We will apply for Digital Signature and Director Identification Number of proposed directors
Step 4
Check for Company’s Name availability, apply for Name Approval.
Step 5
Prepare MOA, AOA and other necessary incorporation documents.
Step 6
File incorporation documents & obtain Certificate of Incorporation, PAN &TAN.
Documents Required
Identity Proof
Aadhar Card, Driving License, Election Id Card, Passport
Address Proof of Business
Electricity Bill, Rent Agreement + NOC
PAN Card
Copy of PAN Card
Photo
Passport size Photograph