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The Public Limited Company is one of the types of business entities in India. Unlike Private Limited Company, a Public Limited Company issues shares to common public. Generally, the enterprenuers initially register their business entity as private limited, build strong financials and if they want to expand the business, they covert this into Public Limited Company and go for public issue. They will collect funds towards share capital by complying SEBI (Securities Exchange Board of India) guidelines and Stock Exchange Regulations. Thereby these companies share are traded on Stock Exchanges. The shareholder may trade their shares in the open market. We can easily identify these companies titled with LIMITED. Example: WIPRO LIMITED, TATA STEEL LIMITED, INFOSYS LIMITED etc.,. The members of Public Limited Companies will have limited liability to the extent of their share capital like private limited companies but more compliances are there when compared to private limited companies.
Company Registration is regulated by the Central Registration Center (CRC), Manesar, Haryana on behalf of each state jurisdictional Registrar of Companies, Ministry of Corporate Affairs, Government of India. The governing law for the companies is Companies Act, 2013. The Government of India had announced on 26th January, 2018 that there is zero incorporation fee for the Companies registered with an Authorized Share Capital up to of Rs. 1,000,000/- (Rupees Ten Lakhs), subsequently it had been increased to Rs. 15 lakhs. The remaining fee such as Name Availability, Stamp Duty, Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) is applicable as usual.
In India, the businesses are registered as Private Limited Company (PVT LTD), Limited Company (LTD) and Limited Liability Partnership (LLP) and whereas in western countries, the LLC, Inc, PJSC, GMBC companies are registered. The concept of limited liability is same but the entity is named differently.
The Public Limited Company registration in India is entirely online. If you’re looking to make your company registered, then CompaniesHouse is the team for you. Register your company online with us today and you’ll be on your way to operating a registered company under 10 working days.
| Directors | Three Directors |
| Shareholders | Seven Shareholders |
| Authorised Share Capital | Rs.7 |
| Paidup Share Capital | Rs.7 |
The liability of the members of the Company is limited. The Directors or Shareholders are not personally liable for the debts of the Company. For example, when Company is in default of repayment of debt or loan, there is a protection to the personal assets of the Directors or Shareholders. They can recover the loan amount only by selling the assets of the Company.
Venture Capital and Angel Investors show interest in Company type of business for the equiry investment as they do not wish to invlove in day to day administration. The concept of Company is run the show through Directors, the shareholders are the investors of the Company and the management is run by the Directors of the Company.
Talented employees show interest in Company type of businesses instead of Partnership or Proprietorship firm. Company can retain talented employees by issuing Employee Stock Options. Employees of reputed companies can get loans from Banks easily at less rate of interest.
The Director of the Company can be the employee of the Company. He can give his own premises on rent/lease to Company and Collect rent from it, he can give loan to the Company and can take loan from Company, he can supply goods or services to the Company and get consideration for that.
The members of the Company may come and may go but Company may not go that means the members are different and the Company is different. Company can own assets on it own name and can sell. It can sue and can be sued in a court of law.
The members of the Company may easily exit the Company by simply signing a Share Transfer Form. In Listed Companies, the members may sell their shares through Stock Market easily. In Private Limited Companies, the ownership change is simply done through transfer of shares by signing the Share Tranfer forms.
Get Certificate, DINs, DSCs, MOA, AOA, PAN, TAN, GST, MSME, IEC, PF, ESI, PT*, Bank A/c, Share Certificates & GST Software along with your CIN under 10 working days!
We will apply Class-III DSCs through eMudhra Portal Online. The OTPs will be generated on your Aadhar enabled mobile numbers, we will submit the same OTPs and then the system will send video recording link through SMS and email to you. The DSC will be approved by the eMudhra team after your video recording submission. Then we will download the DSCs in ePass Tokens and use these for signing incorporation forms.
We will prepare the documents provided by you in an order ie. Pan, Id Proof and Address Proof as a single document, we will prepare the Form DIR-2, Form INC-8, Verification under Rule 25 of the Companies Incorporation Rules 2014, draft main objects of the company and then prepare the eSprice+ Form, eMOA, eAOA, eAGILE+ Form and upload with MCA portal by paying the requisite fee.
After scrutiny, the officers of MCA will approve the form and issues you the Certificate of Incorporation through email. You will also get DIN approval letters through email from MCA. You will get ePAN and eTAN through email from NSDL. Further, your company's PF and ESI registration numbers will be generated automatically along with your Zero Balance Company's Current Account. We will also send you MOA, AOA and other documents through email.
As an Official Company Registration Agent, we have built strong ties with the Ministry of Corporate Affairs, Govt of India since our own formation. Since we began, our goal has been to provide a seamless incorporation process that is quick and simple to use. Today, our company registration system is one of the most effective and efficient in India. In just over 5 minutes you can submit your new company name application, and often in just 3-5 days, your company will be fully registered. We also keep our company formation pricing competitive, while always exploring innovative ways to provide value to our customers. We are pleased to be one of the most affordable ways to start a company in India.
We have the expertise to advise which is the correct corporate structure they need to put in place. Most customers come to us for help registering a company limited by shares. The limited company structure is popular as it allows profits to be distributed amongst the shareholders while at the same time protecting them through the limited liability aspect. Our team has well over 20-years of combined expertise forming companies and providing corporate and secretarial services that help thousands of our clients grow their businesses each year.
We are incredibly passionate about the quality of our service, and we are incredibly proud of our customer feedback, as shown by our excellent reviews and ratings. Time and time again, we are selected for the value and expertise that our team is known for. We have helped shape the industry by providing innovative business services and bundled packages that have evolved alongside the needs of our customers.
Our clients have access to free support from an expert team. We are always on standby to help. If you need assistance at any point before, during, and after the registration of your company, you will be able to reach us by telephone or email.
You are truly experienced in Company Registrations. Keep it up!
Ram Kumar Chilukuri Director, Anewa Engineering Pvt Ltd
Thanks for your continuous support. God bless you!
Nrupesh CFO, Blujay Solutions Private Limited
Thank you CompaniesHouse for saving in Income Tax!
Avtar Singh Managing Partner, Chetak Transporters
We are surprised to get our Company registered in one day. Thanks.
Mohammed Fasiuddin Director, Avidus Engineering Pvt Ltd
Thank you for the initial discussion as we choose best business format!
Lakshmi Keerthi Reddy Director, Lavanar Sea Food Farming Private Limited
Thank you CompaniesHouse for reminding on timely statutory compliance!
Rambabu Director, Cybervillage Solutions Pvt ltd
Get Certificate, DINs, DSCs, MOA, AOA, PAN, TAN, GST, MSME, IEC, PF, ESI, PT*, Bank A/c, Share Certificates & GST Software along with your CIN under 10 working days!
Congratulations!! on registering your new Public Limited Company. Most of the enterprenuers do not know what next once the Company is registered. You can find below the other mandatory registratons and statutory compliance requirements of a Company.
GST registration is Mandatory if you are a Taxable dealer in sale of Goods or supply of Services.
Import Export Code (IEC) is required to be taken if you deal in Import or Export of Goods of Services.
If your business deals in Food, Catering, Hotel & Restaurant, you need to apply for Food License with Food Safety and Standards Authority of India.
If you want to protect your business name, brand, literary work, invention, you need to apply for Trade Mark, Copyright, Patent respectively with the department of Intellectural Properties of India.
Professional Tax is Mandatory for the Companies registered in India. For all states it is not mandatory and infact only for 17 states it is mandatory.
Shops & Establishments registration is mandatory to register with the concerned State Labour Department.
To avail the benefits under The Ministry of Micro, Small & Medium Enterprenuers Act, it is mandatory to get registered under this Act.
The new company has to apply for Local Trade License with the Local Municipality or Municipal Corporation.
BPO companies are required to take DOT license from the Department of Telecom as it is a mandatory requirement. Only Private Limited Companies are eligible to get this License.
If your business is into manufacturing and dealing in pharmaceuticals, you need to get Drug License from the respective State Drug Controller office.
If your Company is covered under PF Act, you need to get the PF Registration. Now MCA is giving PF Registration along with Incorporation, you need not required to apply again separately, you need to enrol the employees once the threshold limit crosses.
If your Company is covered under ESI Act, you need to get the ESI Registration. Now MCA is giving ESI Registration along with Incorporation, you need not required to apply again separately, you need to enrol the employees once the threshold limit crosses.
If your business is into supply of security gaurds, you need to get license under Private Security Agency Regulation Act. This application has to be submitted to the respective State Home Department.
If your business is into manufacturing and dealing in pharmaceuticals, you need to get Drug License from the respective State Drug Controller office.
If you want the credibility in the market, you can get ISO Certification.
You need to appoint a First Auditor of the Company with in 30 days from the date of Incorpration and file Form ADT-1 with MCA with in 15 days of appointment otherwise a maximum penalty of Rs. 3,900/- will be payable.
You need to declare the deposit of Share Capital amount in Form INC-20A with the MCA with in 180 days of Incorporation, otherwise MCA will strikeoff your Company. Few banks also insists you to file this Form otherwise they will not activate your Company's Current Account.
Every Director who has been allotted DIN on or before the end of the financial year, and whose DIN status is 'Approved', would be mandatorily required to file form DIR-3 KYC before 30th September of the immediately next financial year. Failure to file attracts a penalty of Rs. 5,000/- per Director and his/her DIN will be deactivated by the MCA.
Every Company has to hold a meeting of it's Board of Directors once in a Quarter.
Every Company has to hold a meeting of it's members called Annual General Meeting on or before 6 month after closure of it's financial year.
Every Company has to file a report called it's Annual Report in Form AOC-4 with MCA with in 30 days from the date it's AGM.
Every Company has to file it's Annual Return in Form MGT-7 with in 60 days from the date of it's AGM.
Every Company has to file it's Income Tax Return in form ITR-6 on or before 30th September of each year.
Every Company which is subject to file TDS returns has to file it with in Due date to avoid penalty.
Every Company has to file it's Monthly PT Return with in due date to avoid penalties.
Any Company which subject to file GST returns on QRMS basis has to file with in due date to avoid penalties.
DIN stands for Director Identification Number. Every Director of the company will get this unique Director Identification Number subsequent upon the Company Incorporation. With this DIN, he/she can register any number of companies.
A DIN holder has to file his KYC with MCA every year on or before 30th day of September otherwise a penalty of Rs. 5000/- will be imposed.
DSC stands for Digital Signature Certificate. Class-III Digital Signature Certificate is required for each Shareholder while registering his/her company.
There are different companies who issue Class-III DSCs. These companies are called DSC Certifying Authorities. We have associated with eMudhra Tamil Nadu. eMudhra is one of the largest Digital Signature Certifying Authority in India.
An authorized share capital is a share capital amount upto which the shareholders can invest in equity of the company.infact, this the permission limit to invest amount into Equity Sharecapital.
Paid up share capital is an amount, which is deposited by the shareholders of the compnay in company's bank account towards share capital.
Now the company can be registed with a minimum amount of share capital of Rs. 2/- ie. Rs.1/- investment by each shareholder.
A CIN is a company identificaton number, which is generated by the Ministry of Corporate Affairs while generating the Certificate of Incorporation.
We can treat it as the company registration number.
If we apply direct incorporation without applying for Certificate of Name Availability, it may take 3 to 5 working days. Some times, it may be incorporated even in one day.
But it is advisable to apply first company name and then incorporation and in this case it may take 10 to 15 days.
For one lakh authorised share capital company, the total government fee including Digital Signature Certificates would be approximately Rs. 4,000/-.
CompaniesHouse is authorised by the Ministry of Corporate Affairs to provide company registration service throughout India at an affordable cost of Rs. 1,999/-.
Yes, you can start a Company from your home address too.
No, you can not register Company on your own as Professionals like Company Secretary/Chartered Accountant has to sign digitally along with a Director on the application forms, then only your Companay will be registered.
Now. For a two person private limited company Rs. 2/- is the minimum sharecapital and for one person private limited company Rs. 1 will be the minimum amount of sharecapital is required.
Minimum of three directors are required to register a Public Limited Company.
Get Certificate, DINs, DSCs, MOA, AOA, PAN, TAN, GST, MSME, IEC, PF, ESI, PT*, Shops & Establishments Registration*, Bank A/c, Share Certificates & GST Software along with your CIN!