Check Status Of Your Return

We are ready to provide you with up-to-date refund information online, by phone, or during personal meeting

Read More

Withholding Calculator

If you are an employee, you can apply for help to decide whether you need to give your employer a new form W-4

Read More

Property
Taxes

If you need help paying property tax, wish to apply for a property tax refund etc., our tax specialists are here for you

Read More

Own a
Business?

As a business owner, you must know all tax pitfalls, that’s why our business planning department is working for you

Read More

Public Limited Company

A Public Limited Company (legally abbreviated to plc) is a type of Public Company under the United Kingdom Company Law, some Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a plc may also be privately held, often by another plc), with a minimum share special capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called publicly traded companies. Public limited companies will also have a separate legal identity.

Benefits


A Public Limited Company is able to sell its shares to the public, list on a stock exchange, have an initial public offering.

A Public Limited Company has a higher minimum number of directors and a higher minimum value of shares in issue.

Public Limited Companies financial statements must be audited, small private limited companies only need to have an audit if their constitutional documents require it or their shareholders request it or they operate in a particular industry that requires it.

There is a common misconception that a public limited company is always a large company and its shares are listed. This is not true a plc does not have to be either large or listed but as a result of the misconception people may think a plc is larger or more important than it actually is.

Documents Required for Public Limited Company Registration

  • Passport.
  • Election Card or Voter Identity Card.
  • Ration Card.
  • Driving License.
  • Electricity Bill.
  • Telephone Bill.
  • Aadhaar Card.

Procedure


Buy EAdvisors Public Limited Company Registration plan


Session with EAdvisors Expert on registration of Public Limited Company for detail discussion on nature of business entity, activity and other requirements.


Submit all the documents required for Public Limited Company Registration, Preparation and submission of application for Public Limited Company Registration with department.


Issuance of Public Limited Company Registration certificate by email.

Pricing

We work round-the-clock to ensure the taxpayer’s problem is resolved. Check out the price table below
and choose a plan the most suitable for you.

Free
000

  • Refund of GST credits application
  • Publications and forms, including individual tax return instructions
  • Refund of GST credits application
  • Publications and forms, including individual tax return instructions
  • Refund of GST credits application
  • Publications and forms, including individual tax return instructions
  • Refund of GST credits application
  • Publications and forms, including individual tax return instructions
  • Refund of GST credits application
  • Publications and forms, including individual tax return instructions

Basic
5995
Fuel tax credits registration

Publications and forms, including individual tax return instructions

Premium
9995
Buisness income tax refund

Publications and forms, including individual tax return instructions

What Clients Say

I am very satisfied with your service for GST registration. I have good experience with you.

Accounting was always challenge for us before we met EAdvisors. Now compliance and accounting is smooth for us.

I got my ESI and EPF registration in just 3 days, coordination with customer care is impressive.

FAQ’s

What is a Public Limited Company?

The Public Limited Company is a wider form of the limited company, which has no restriction on the maximum number of shareholders, listing its shares in the stock market, transfer of shares, and raising funds from public and accepting public deposits; all of these activities cannot be done by a private limited company. Again, unlike a private limited company, a public limited company is governed and managed by a Board of Directors constituted as per the unanimous consent of the shareholders. However, a public limited company has much more compliance burden, as compared to that necessary for a private limited company.

What are the Primary Requirements for setting up a Public Limited Company in India?

For setting up a public limited company anywhere in India, there are required a minimum of Seven Shareholders and Three Directors; the directors can also be shareholders. The requirement of the minimum paid-up share capital worth INR 5 Lac, has been removed by the Companies (Amendment) Act, 2015.

What are the Liabilities of Public Limited Company?

As a public limited company deals with public money, it has to make rather heavy compliance strictly, which are bulkier than those performed by a private limited company. Apart from the regular compliance related with income tax, there are many periodic and annual compliance to be made by a public limited company with ROC/MCA, SEBI, RBI, etc. These regulatory liabilities are in addition to securing and promoting steadily the profits and welfare of all shareholders of the public limited company.

What are the Advantages of Registering a company as Public Limited Company instead of Private Limited Company?

In addition to enjoying all those features and facilities which a private limited company relishes, a public limited company is entitled to go public, issue its shares in the stock market, or accept public deposits. The following are the main and most significant exclusive features of a public limited company:

  • A public limited company can have a rather huge magnitude of capital, much more than that gathered by a private limited company.
  • It is legally authorized to trade on stock exchanges.
  • There is no limit to the maximum number of shareholders in a public limited company.
  • The shareholders of a public limited company have limited liabilities, limited roughly to the face value of the shares they own. Again, shareholders do not have to take part in the day-to-day management of the business of the company.
  • Shareholders of a public limited company are entitled to transfer their shares freely without needing consent of someone.
What is the most Authentic Process of Registration of a Public Limited Company in India?

There are the following two authentic options for registering a public limited company anywhere in India :

OPTION 1

Register the company through filing the Integrated Incorporation Form INC-29, with the MCA.

OPTION 2

  • Apply for getting approval and reservation of any of the proposed names, through Form INC-1, sent to the Central Registration Centre.
  • Filing Form INC-7 for incorporation of the public limited company.
  • Filing Form INC-22, Form DIR-12, etc., together with all required documents.
Can an NRI/Foreign National be a director in Public Limited Company? and If Yes, then what are the conditions for the same?

Yes, an NRI or Foreign National can also be a shareholder or director in a public limited company of India. For becoming a director, besides the basic requirement of being a sensible adult, such a person must possess the DIN issued by MCA.

Subscribe to Our Newsletter

Our regularly updated newsletter provides timely articles to help you achieve your financial goals

Phone: 9910000833
Bawana Industrial Area, Delhi-110039
114, Vardhman Mall, Sector 5
Style switcher RESET
Body styles
Color settings
Link color
Menu color
User color
Background pattern
Background image
WhatsApp chat