Public Limited company registration
Embarking on the Public Limited Company Registration journey involves crucial steps. Begin by selecting a distinctive name and securing its approval. Assemble a team with a minimum of two directors and seven shareholders (with no maximum limit). Draft the Memorandum of Association and Articles of Association, delineating the company’s goals and governing principles.
Limited Liability Protection : Private Limited Company Registration provides shareholders with limited liability, safeguarding their personal assets in case of company debts or liabilities.
Capital Generation: PLCs can raise capital by issuing shares to the public, allowing them to gather funds for business expansion and investment opportunities.
Credibility and Market Reputation: PLC status enhances the company’s reputation, instills investor confidence, and improves brand perception, leading to potential business growth and partnerships.
Share Transferability: PLCs offer flexibility in buying and selling shares, making it easier to transfer ownership, attract investors, and facilitate liquidity in the stock market.
Document Required
- Proof of identity of all the shareholders and directors.
- Proof of address of all the directors and the shareholders.
- PAN number of all the shareholders and directors.
- Utility bill of the proposed office i.e. proposed registered office for the company.
- A NOC (No Objection Certificate) from the landlord where the office of the company will be situated.
- Memorandum of Association (MOA).
- Director Identification Number (DIN) of all the directors.
- Digital Signature Certificate (DSC) of the directors.
- Articles of association (AOA).