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Tax Savings

Updated with latest tax norms, our experts work hard to utilise every deduction to maximise your savings

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Our expert will coordinate and you need not to visit consultant office for your filing and registration.

Accuracy

Our experts carefully comb through all your documents to ensure no detail is missed out while filing

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.

There is a common misconception that a public limited company is always a large company and its shares are listed. a this is not true a plc does not have to be either large.

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.

Basic
2889900
Public Limited Company Registration including 8 DSC, 3 DIN,

1 RUN Name Approval, 5 Lakhs Authorised Capital, PAN, TAN

Online Support.

Gold
3389900
All features of Basic Plan

Company Kit & GST Registration

Online Support

Platinum
4489900
All features of Gold Plan

Trademark Filing

Online Support

GST updates

GST Application

In the GST Regime, businesses whose turnover exceeds Rs. 20 lakhs (Rs 10 lakhs for NE and hill states).

GST Return

Return is a document containing detail of income which a taxpayer is required to file with the tax administrative authorities.

Cancellation of GST

If you have a my IR account, you can cancel your GST Registration online.

GST Invoice

An invoice or a bill is a list of goods sent or services provided, along with the amount due for payment.

E-Way Bill

E-Way Bill is an electronic waybill for movement of goods to be generated on the E-Way Bill Portal.

GST Registration

In the GST Regime, businesses whose turnover exceeds Rs. 20 lakhs (Rs 10 lakhs for NE and hill states).

From the Blog

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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.

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