Public Limited Company Formation

Looking to set up a Public Limited Company Formation (PLC)? We provide expert guidance to ensure a smooth and compliant formation process. A PLC offers the opportunity to raise capital by offering shares to the public, making it an ideal choice for businesses aiming for rapid growth and expansion. Shareholders enjoy limited liability, protecting their personal assets from company debts. With a formal structure and strict regulatory standards, forming a PLC adds credibility and transparency, making it easier to attract investors and secure funding. Contact us for more information and to get started!

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Public Limited Company Formation Rules (PLC)

Public Limited Company (PLC) is an ideal structure for businesses looking to raise capital by offering shares to the public. To form a Public Limited Company, there are certain key requirements that must be followed. You need a minimum of three directors and at least seven shareholders, with no upper limit on the number of shareholders. Each director must have a Director Identification Number (DIN) and a Digital Signature Certificate (DSC), which are essential for the incorporation process. Additionally, the company must have a registered office address in India for official communication.

The company name must be unique and approved by the Registrar of Companies (ROC). The Memorandum of Association (MOA) and Articles of Association (AOA), which define the company’s objectives and internal rules, must be prepared and submitted. There is also a minimum paid-up capital requirement of Rs. 5 lakhs for a Public Limited Company. Government fees are applicable based on the company’s authorized capital.

After incorporation, the company must follow compliance regulations, including filing annual returns, maintaining financial records, and holding annual general meetings. Forming a Public Limited Company enhances credibility, transparency, and the ability to raise funds, making it a popular choice for businesses aiming for expansion. Contact us for more information on Public Limited Company formation and expert assistance with the process

What You Need to Form a Public Limited Company

To form a Public Limited Company (PLC), there are several essential steps you must follow. First, you’ll need at least three directors and a minimum of seven shareholders, with no upper limit on the number of shareholders. Each director must have a Director Identification Number (DIN) and a Digital Signature Certificate (DSC) for completing the registration process. Your company’s name must be unique and approved by the Registrar of Companies (ROC), and you must also provide a registered office address in India. Additionally, key documents such as the Memorandum of Association (MOA), which outlines the company’s goals, and the Articles of Association (AOA), which specifies management rules, need to be prepared. The minimum paid-up capital required is Rs. 5 lakhs, and government fees will vary depending on your authorized capital.

After incorporation, your Public Limited Company must meet compliance requirements like filing annual returns, holding annual general meetings, and keeping detailed financial records. Following these guidelines ensures your company remains compliant and well-regulated. Forming a Public Limited Company offers the advantage of raising capital through public shares, making it an attractive choice for growth-focused businesses. For personalized guidance on forming your PLC, reach out to us today!

Step-by-Step Guide to Public Limited Company Formation

Understanding the Structure of a PLC

Our expert Chartered Accountant will guide you through the rules, processes, document requirements, and fees for forming a Public Limited Company. If it suits your needs, simply provide the required documents from our checklist to proceed.

Incorporation Process (MoA & AoA)

Once we receive the documents, we’ll start the online registration process for your Public Limited Company, preparing key documents like the MoA and AoA, along with necessary declarations and signatures for a smooth experience.

Completion of Incorporation in 5 Days

Your Public Limited Company will be incorporated within five business days. We’ll provide all necessary documents and guide you on routine and annual compliance to ensure smooth operations.

Required Documents for Public Company Setup

The following documents are required for the incorporation process of a Public Limited Company:

  • Documents for Directors and Shareholders:
    • PAN Card
    • Photograph
    • Aadhar Card
    • Driving License, Election Card, or Passport (any one)
    • Residential Address Proof – Latest Bank Statement or Utility Bill
    • Telephone Number
    • Email ID
  • Address for Proposed Business Location:
    • Utility Bill of the business premises
    • No Objection Certificate (NOC) from the property owner
All-in-One Public Company Formation Package

Want to register a Public Limited Company? We offer full registration services for just Rs. 20,000! Our expert team will handle everything, from preparing documents to filing with the Registrar of Companies, ensuring a smooth and easy process.

  • Public Company Registration
  • Memorandum of Association
  • Article of Association
  • Government Fees & Duties
  • PAN and TAN
  • PF and ESIC
  • MSME
  • DIN of Three Directors
  • Digital Signatures
  • Bank Account Opening
  • Share Certificate
  • INC-20A Commencement Filing
  • ADT-1 Filing
FAQs on Public Limited Company Formation

Public Limited Company (PLC) is a business entity that can offer shares to the public and has limited liability for its shareholders.

A minimum of 3 directors and 7 shareholders are required for a Public Limited Company.

You need the Memorandum of Association (MoA), Articles of Association (AoA), PAN, and proof of identity/address for directors.

The formation process typically takes around 5-10 business days, depending on document submission and approvals.