This is chosen by entrepreneurs who want to establish large business setups in India like Tata, Reliance and Infosys. To get your company listed on stock exchange of India and raise funds from public by issuing shares, Public Limited Company is the most suitable for you to start.
But our firm personally suggests you to establish your business as either private limited or LLP in the beginning and later covert into public limited company as your company goes into expansion stage.
Our firm will incorporate your company within 10 to 12 working days subject to time processing by ROC.
Get to know more of Public limited company?
A Public limited company has following advantages
- Liability is limited by shares. It means you need not bring money from your personal savings or assets to pay the liabilities of company more than the subscribed paid up value of shares.
- Raise money from public. It means you can raise funds from the general public into your company by issuing shares or debentures (loan).
- No restriction on transfer of shares. You can transfer your shares to any person on stock exchange market unlike private limited company.
- Separate legal existence. It means you and your company are different and company is an artificial person in the eyes of law.
There are minimum 7 persons are required as shareholders and 3 as directors to set up a limited company and there is no limit on the maximum number of shareholders.
The minimum paid up share capital is Rs.5 lakhs and once the company is registered with the MCA, it is permitted to do business anywhere in India.
It has more features of private limited company and has more stringent regulatory compliances to be followed otherwise heavy penalties and punishment will be levied by MCA.
What is included in the package?
- DSC of 3 directors
- DIN of 3 directors
- MOA & AOA
- Name approval letter
- Incorporation certificate
- Company PAN
- Company TAN
- GST Registration
- INC 20A (Commencement of business certificate)
- Dedicated CA and CS
Steps we follow
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1
Obtaining DSC
Digital Signature Certificate is mandatory for proposed partners which will be obtained within 1 day. At Our firm, we have a licensed DSC partner with certified authorities approved by Government.
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2
Documents preparation
Our firm has a team of experts to prepare the documentation work within 1 to 2 working days.
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3
Incorporation Certificate
Our firm will submit all the filing documents to the MCA after due verification by another checker team and MCA will approve the application in 3 to 5 days subject to ROC time processing.