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Public Limited Company Registration

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PLC Registration!

A Public Limited Company (PLC) is a business structure that offers limited liability to its shareholders and the ability to raise capital from the general public through the issuance of shares. It is ideal for large-scale enterprises aiming for growth, credibility, and public investment.

PLCs are governed by the Companies Act, 2013 and require strict regulatory compliance but provide immense business opportunities.

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Eligibility & Minimum Requirements

Who Can Register?

Essential Requirements Described

To register a Public Limited Company in India, certain legal and structural requirements must be met. These ensure proper governance and compliance from the start.

Minimum 7 Shareholders

A Public Limited Company must have at least seven shareholders, who can be individuals or entities, Indian or foreign.

Minimum 3 Directors

The company must have a minimum of three directors to oversee operations and ensure compliance with regulatory requirements.

Resident Director

At least one director must be a resident of India, having stayed for 182 days in the previous calendar year.

No Minimum Capital

There's no minimum paid-up capital needed, but the authorized capital must reflect the company’s goals and future plans.

Unique Company Name

The company’s name must be unique and must comply with MCA guidelines without conflicting with existing trademarks or entities.

Registered Office in India

A valid registered office in India is required for legal communication. Proof of address must be submitted during registration.

Eligible Individuals

Directors and shareholders must be at least 18 years old, mentally sound, and not disqualified under the Companies Act, 2013.

Compliance Readiness

The entity must be prepared to meet higher compliance standards, including annual audits, board meetings, and filings.

Capital, Credibility, Continuity

Benefits of Public Limited Company

    1. Access to Capital
  • Raise funds from the public through equity or debt instruments.
    • 2. Limited Liability
  • Shareholders' personal assets are protected.
    • 3. Transferability of Shares
  • Shares are freely transferable, increasing liquidity.
    • 4. Separate Legal Entity
  • The company has its own identity, distinct from shareholders.
    • 5. Enhanced Credibility
  • Improves brand reputation among investors and financial institutions.
    • 6. Perpetual Succession
  • The company continues irrespective of shareholder changes.
    • 7. Listing Opportunities
  • Eligible for listing on stock exchanges for broader capital access.
    • 8. Tax Planning
  • Avail corporate tax benefits and deductions.

Required Documents for PLC Registration

  • PAN Card of All Directors & Shareholders
  • Aadhaar Card / Passport / Voter ID
  • Photographs of All Directors
  • Proof of Address (Bank Statement, Utility Bill)
  • Registered Office Address Proof
  • NOC from the Property Owner
  • Digital Signature Certificates (DSC)
  • Director Identification Numbers (DIN)
  • MOA & AOA Drafts
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