Public Limited Company Registration
Public Limited Company Registration
A Public limited Company grants limited liability to its management and owners. A Public Limited Company is a Company limited by shares in which there is no restriction on the maximum number of shareholders Public limited company is where the company shares are held by Public. It has characteristics of a Private limited Company along with the advantages. Company can raise capital from Pubic and it is a kind of safe source of capital which is permanent and no need to pay interest or repayable like debt.
Features of a Public Limited Company
Entity
Separate legal entity
Transfer
Shares are easily transferable
Directors
Minimum 3 directors required
Public Funds
Can raise fund from public by issuing shares
Shareholders
Minimum 7 shareholders required and maximu members have no limit
Name
Must have PUBLIC LIMITED written after the name
Capital
Minimum paid up capital must be 5 lakhs
Documents Required for Public Limited Company Registration
ID And Address Proof (Directors Details / Shareholders)
- PAN CARD
- ADHAR CARD
- VOTER ID
- PASSPORT
ID Proof
- PASSPORT SIZE PHOTO
Address Proof
- Telephone Bill
- Mobile bill
- Electricity bill
- Bank Statement
- Passbook
Proof Of Place Of Business(If Owned)
- NEED ELECTRICITY BILL OR INDEX II
Proof Of Place Of Business(If Rented)
- Need Rent Agreement and NOC from Landlord.