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Public Limited Company
Public Limited Company Registration in just 15 days
Expert After Company Formation Compliance Support.
All the main tasks are handled by specialists.
All You Need to Know About Public Company Registration
Meaning of a Public Limited Company
A public limited company is generally meant for industries, large corporate houses or factories. Forming such a company is quite costly and needs at least 7 people. The yearly compliance cost very high due to the fact that there are many additional compliances involved.
How can you register Public Company in India?
If you are planning something big then forming a public limited company is a good idea. These sorts of companies offer you every possible option. For example, it can allow raising funds via IPO or listing on stock exchange.
Here’s how to go about it:
Prepare DIN and DSC: You should begin by preparing a Director Identification Number (DIN) and Digital Signatures (DSC). You should also apply DSC for subscribers and complete the procedure under the form SPICE. You also need to efile eMOA.
Initiate Name Approval: You should file for the name and ensure that the name ends with the word “limited.”
Begin Incorporation: Once a name is approved, you should file for incorporation via the Spice Registration forms.
Why select to register a Public Company?
These companies are highly recommended if you are planning something big as it offers you the highest possible flexibility to conduct a business in India. It allows you to even raise the capital directly from the public.
Haxtax has invented a 15-day Public Company Process that allows you to start your Business in India.
Call : 7505111555
Haxtax can ensure that you register a register for Public Limited Company in India in just 15 days.
Day 1-3 are dedicated towards DSC and DIN Filing wherein we take care of the filing process.
Day 3-6 is for TM Examination where we file for Name Approval in INC 1 form. It allows you to have options for 6 names.
Day 6 to 15 After the name is approved, we file for Incorporation with the SPICE Form.
Documents You Must Submit.
PAN Card of all 7 Directors
ID proofs of all 7 Directors
Address proofs of all 7 Directors
Passport size photographs of all 7 Directors
DSC Form Signed by all 7 Directors
Rent Agreement or Ownership Proof documents
An NOC from the owner
You just need to send the scanned copy of documents to Haxtax. No hard copy is needed.
Main Requirements for registering a Public Company .
If you wish to start a public limited company in India, you should know that it requires a minimum of seven shareholders or members and three directors. The seven people can be family members too. Even the firm or a company can also be a shareholder in their capacity. There is no minimum capital needed for forming a public limited company which means you can start such a company with even INR 1000. The capital must justify the scale of operations of the Proposed business.
Advantages of opting for a Public Company Registration.
It assists you to limit the legal liability
The business value is increased by corporate culture
It is most accessible form for raising resources
Being a separate legal entity assists in loan funding
It is regarded highly internationally
It can raise funds from the public
The name of your company becomes unique
It has a separate Legal Existence
It has easy funding options
Frequently Asked Questions
Which types of legal documents can you draft?
This package is designed to draft documents for businesses and people. It includes but is not limited to:
Notices, Employment Offer Letter, Agreements, Appointment Letter, Employment Documents, Property Documents, Gift Deeds, Joint Ownership Agreement, Direct Selling Agent Letter, Sale/Purchase Deed, Consultant or Freelancer Engagement Letter, Company Agreements, Co-Founder Agreements, Residential/Commercial Rental Agreements, Invitation Bid, Notice for Payment of Rent, NOC by Property Owner, Share Purchase/Transfer, Notice to Vacate Tenant, Board Resolution, Minutes of Meetings, Secretarial Compliance, Notices of Meetings and Arbitration Contracts.
Personal legal documents needed by people include but are not limited to:
Only legally sound and experienced professionals such as Chartered Accountants, Company Secretaries and legal consultants draft legal documents.
Who will be drafting my legal agreement?
Haxtax has developed a wide network of legal consultants, tax experts, and property experts. We have a team of advocates, legal consultants, chartered accountants and company secretaries who have tons of years of experience in their respective fields which ensures there are no mistakes.
Is it mandatory to ensure all agreements are notarized? Should stamp duty be paid on every legal document?
Only documents like real estate property deed need to be notarized which are to be presented in front of a person with a notary designation. These documents are eligible for being enforced in the court of law only when they are notarized and stamp duty of appropriate value is paid. Some states have a provision for e-stamping too.
In contrast, for some agreements and legal documents, there is no need to acknowledge them before a public unless a state or municipal law makes it mandatory.
As per this package, our legal experts will prepare a draft that will be shared with you. You need to ensure that you share all the specifications and expectations. You should also review the draft carefully. After the process ends, you will get a soft copy of the final draft that you can use as per your needs. Notary and stamp duty charges are not paid in this package.