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Public Limited Company

A Public Limited Company can be incorporated under Company Act 2013. It is a company that

has limited liability and offers shares to the general public. The company is mainly suitable for

the large scale of business where the capital will be high.

Incorporation gives you a professional status and also Registering the Trademark of your company will help you to safeguard your identity and restrict others from using it

Benefits of Incorporation of Public Limited Company

Separate Legal Entity

Public Limited company will be considered as a separate legal entity where the assets & liabilities of the business and directors are not same. Company will be considered to be a legal person and also holds the Right to Sue a third party in case of any dispute or default arises.

Limited Liability

The Public Limited company incorporation reduces the risk of liabilities of the shareholders or members of the company. In an unfortunate event of default, the shareholders are responsible to the extent of capital provided only. This ensures that the personal assets of any member or shareholders remain untouched.

Easy Fundraising

The Public Limited Company registration or incorporation is the most popular and useful form of business structure for companies among the established, small, medium and large size business. The basic purpose with such companies remains the easy introduction of non related people or entities as shareholders as such providing capital to the business without any hassles or personal guarantees.

Corporate Governance and Reputation

Another big advantage of incorporating a Public Limited Company remains its legitimacy and attracts talented employees and other stakeholders be it vendors, shareholders or business partners. It is always perceived by the people that the Public limited companies, being regulated by MCA guidelines, will have higher corporate governance as compared to other non formalized structures. This also lead to higher reputation in the markets where they operates and helps in attracting better talent or deals from the market.

Documents required for Incorporation of Public Limited Company

ID Proof: Aadhar / Voter ID / Driving licence / Passport of Directors and Shareholders.
Address Proof and Utility Bill: The Address proof of the Directors, shareholders along with the Proof of the registered place of business (Ownership documents/ rent or lease agreement) or any bill in relation to electricity /landlord bill / bank statement.
Photos: A Photo Copy of the respective Directors and shareholders.
PAN: The PAN card of the respective Directors, shareholders and designated authorities of the company.
DSC: Digital signature is the electronic signature format of the Directors / signatory authority for the purpose of e-filing with the Register of Companies.
NOC (Owner/Landlord): No objection certificate by the owner / landlord must be enclosed.
Additional Documents: In case of any Non Resident Indian (NRI) or Foreign National Directors the relevant documents must be notarized and apostilled for certifying documents.

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Public Limited Company

Public Limited Company

Benefits of Incorporation of Public Limited Company

Separate Legal Entity

Limited Liability

Easy Fundraising

Corporate Governance and Reputation

Documents required for Incorporation of Public Limited Company