A public limited company has got many advantages over a Private Limited Company because of the ability to have any number of members, more transparency and ease in transfer of shareholding and makes it popular amongst foreign investors. If you are thinking out to raise funds from the public through Initial Public Offer (IPO) in that case Start your business by incorporating Public Limited Company.
A public limited company is established to generate capital from external sources, that is the business expansion, global expansion, the general public for starting a business, advancement of technology, etc.
But a PLC is appropriate to the large organizations which have a comprehensive perspective and higher growth possibilities, rather than a small shop situated nearby.
Below mentioned are the features that make a Public Limited Company Different from Private Limited Company:
“ Mention company’s name “ is a distinguished business platform and a progressive concept, which helps in compliance, end-to-end incorporation, advisory, and management consultancy services to clients in India and abroad. Incorporating a Public Limited Company is easy, cheapest, seamless and quickest with our firm. Apart from a Public Limited Company, the firm also helps the entrepreneurs with Private Limited Company Registration, Partnership Registration, Nidhi Company Registration, LLP Incorporation HUF, and One Person Company registration easily. You may get in touch with ” “compliance manager on (phone number) or email info@ebizfiling.com for a free consultation.
A public limited company is a company that has permission to offer its registered securities for sale to the general public, typically through a stock exchange, or occasionally a company whose stock is traded over the counter (OTC) via market makers who use non-exchange quotation services. A public company is defined as a company which is not a private company. The following conditions apply only to a public company: A public company is a company which is governed by the provisions of the Companies Act. Ownership of such company lies with its Promoters and General Public. A public company can list their securities on any Regional Stock Exchanges and any person can buy and sell. In other words, its securities are freely transferable. The rules and regulations governed by the Companies Act with respect to a public limited company are much more stringent as compared to a private limited company. For incorporating a public company, the minimum number of directors required are three and the minimum numbers of shareholders required are seven. There is no limit for maximum number of shareholders.” Senixalegal help you with the establishment of the Public Limited Company by obtaining relevant registration.
Senixa India Private Limited is a distinguished business platform and a progressive concept, which helps in compliance, end-to-end incorporation, advisory, and management consultancy services to clients in India and abroad. Incorporating a Public Limited Company is easy, cheapest, seamless, and quickest with our firm. Apart from a Public Limited Company, the firm also helps the entrepreneurs with Private Limited Company Registration, Partnership Registration, Nidhi Company Registration, LLP Incorporation HUF, and One Person Company registration easily. You may get in touch with the Senixa India compliance manager on +91-9999347181 or email info@senixalegal.com for a free consultation.
A compliance manager will get in touch with you to collect your documents along with a simple checklist. You need to fill up that checklist and submit along with your documents for verification. Our team of experts will verify the documents provided by you and take the procedure further. The compliance manager dedicated to you will keep you updated on the progress of Company Registration throughout the process.
Once your documents along with Checklist are submitted, we shall proceed with the application of your Digital Signature and subsequently the approval of name for your Private Limited Company. You may suggest up to three names of your choice. Names should be unique and suggestive of the Company’s business. We will proceed with application for name for your Private Limited Company in Part A of SPICe Plus form.
We will draft the MOA (Memorandum of association) and AOA (Articles of association). We will file the incorporation documents with MCA through in part B of a form called “SPICe Plus (SPICe +)” along with the subscription statement. Usually, MCA approves the forms within 4-5 days once filed and issues Incorporation Certificate with CIN. PAN & TAN are allotted alongside. You may then proceed to open your Company Bank Account.
When you need funding directly from public or want public to invest in your business or if you are planning to bring IPO of your company
DSC stands for Digital Signature Certificate. It is basically a pen drive containing your signature in a digital form and is password protected. It is mandatorily required to sign the various incorporation applications by directors and shareholders digitally. It is only issued by government authorized agencies.
No, unlike a Private Limited Company a Public Limited company has no limits on a maximum number of shareholders.
When the total capital of a company is divided into shares, is called share capital. The share capital is the total amount of capital collected from their shareholders for the purpose of achieving the objectives of the company.
A Public Limited Company must have a minimum of three directors.
DIN is a unique identification number allotted to an individual who is appointed as a Director of a Company and it is mandatory for every Director to have this number.
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