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Call or email us to get in touch with the expert to know more about the Public limited company registration process.
Our expert will assist you at every step to register Public limited company and also help you to complete the cumbersome documentation process.
As for the ease of doing business in India, the government has opened the window for online Public limited company registration in India due to which you need not visit the department or our office.
In order to register a PLC there need to be a minimum of 7 members, however, there is no defined upper limit for the members in this mode. PLC collects its capital primarily by selling its shares to the general public who are called members / shareholders. The fund thus collected, by sale of shares, is called share capital. Also, the liability of the members is limited to the extent of the face value of the share that they own. The shareholders can even participate in the working of the PLC.
A PLC has a separate legal entity and a juristic person established under the Companies Act. Thus, a PLC enjoys wider legal capacity and it can own property or acquire debt. The members (shareholders / directors) have limited liability and are not liable to the creditors for any such business debts.
PLC has unending existence that it continues to be operational until it is legally dissolved by the Companies Act. Also, since PLC has a distinct entity, it is not affected by the death or departure of any members and continues to exist in spite of any change in its shareholders’ structure.
Shareholders of a PLC can easily transfer their shares to another shareholder, simply by filling as well as signing a share transfer form and handing over the share certificate to the buyer.
PLC is a juristic person thus it can acquire, own, or sell any property in its own name. Shareholders do not have any right to claim on the PLC’s property till the time it is in existence.
PLC is the most prestigious form of business and it ensures a better borrowing capacity, as banking and financial institutions prefer to invest in a PLC model rather on any other business form. A PLC can even issue secured and unsecured debentures, while can also procure funds from public.
To be Submitted by Directors / Shareholders
*Valid and Recent (less than 2-months)
Note: Registered office can be a commercial building, rented space, or even a residence, while in case of rented space, the no object certificate (NOC) from the landlord is required to be obtained)
Seasoned team of our vendor partners can effectively get your PLC registered and timely make it operational…
…so that you can manage and control your business, focusing on your mission critical tasks and proudly watching it Grow!
There is no minimum paid-up capital requirements now apply for incorporating a PLC or a Pvt. Ltd. Co. in India.
Minimum seven members are required to be the shareholder or members of PLC, however, there is no upper limit.
PLC need to disclose its books of accounts and the shareholders can participate in the functioning of PLC. The rules and regulations in PLC are thus under strict control of the law and the shareholders can regulate it.
Yes, PLC’s name should be unique, and it must not be same or similar to the name of any existing company or a trademark.
A Director needs to be over 18 years of age and must be a natural person.
There are no limitations in terms of citizenship or residency. Even foreign nationals can, therefore, be the Directors of an Indian PLC. An NRI or Foreign National can be a Director in a PLC after obtaining Director Identification Number, however, at-least one Director be a Resident Indian.
Authorized capital of a Company is the amount of shares a company can issue to it shareholders. Companies have to pay the Government an authorized capital fee (a minimum of INR 5Lacs) to issue shares in a Company.
No, there is no need for a director to physically present at any office for the incorporation of a PLC. All the documents can be scanned and sent through email, however, some are required to be couriered in hard copies.