Public Limited Company

A Public Limited Company (PLC) is a large business entity incorporated under the Companies Act, 2013, governed by the Ministry of Corporate Affairs (MCA). This type of company structure is ideal for corporate businesses aiming for better management and operational efficiency. A PLC requires a minimum of seven members, including at least three directors and four shareholders, to get registered. It has the advantage of engaging in global business transactions, allowing expansion beyond national borders.
One of the key benefits of a Public Limited Company is its credibility in raising funds from financial institutions and the public. By listing on the stock exchange, selling shares, or issuing bonds, a PLC can generate the necessary capital for business growth and smooth operations.
In the current business landscape, non-corporate firms struggle to build customer trust and face challenges in securing national or international business opportunities. To avoid costly mistakes and make informed investment decisions, it is essential to consult experienced professionals. Our team of experts is here to guide you through the incorporation process and ensure compliance with the Companies Act, 2013, along with relevant rules and regulations from 2014. Take the right step towards a well-structured and financially sound business today!

Procedure for Company Formation

Simple Easy Process

Documentation

Filing Application

Deed Drafting

Verification

Uploading forms

Get Certificates

Name Reservation
The first step in registering a Public Limited Company is reserving a unique name through the RUN (Reserve Unique Name) service on the MCA portal. The selected name must comply with MCA guidelines and should not be identical or similar to an existing company or trademark. Once approved, the name remains reserved for 20 days within which the incorporation process must be completed.

Filing SPICe+ Form
The SPICe+ (INC-32) form is a comprehensive online application that simplifies company registration. It covers multiple services, including name reservation, incorporation, DIN (Director Identification Number) allotment, PAN, TAN, EPFO, ESIC, and GSTIN registration. To complete the filing, Digital Signature Certificates (DSC) for the directors and necessary supporting documents, such as registered office proof and declarations, must be submitted.

Drafting of MOA & AOA
The Memorandum of Association (MOA) and Articles of Association (AOA) are crucial documents in company registration. The MOA outlines the company's objectives and scope of operations, while the AOA defines the internal governance rules and regulations. These documents must be carefully drafted and electronically submitted along with the SPICe+ form.

Know more about Public Limited Registration

Benefits Public Limited Company

A Public Limited Company has the advantage of easily raising capital by issuing shares to the public. Unlike private companies, it can be listed on stock exchanges, allowing institutional and retail investors to invest in the business. This helps in securing funds for expansion, research, and development, providing financial flexibility to scale operations.

One of the key benefits of a Public Limited Company is limited liability protection for its shareholders. This means that their personal assets remain safe, even if the company faces financial losses or debts. Shareholders are only liable for the amount they have invested in the company, ensuring financial security and minimizing personal risk.

A Public Limited Company enjoys greater credibility in the market due to its transparency and regulatory compliance. Since it operates under strict legal frameworks and is subject to public disclosures, customers, suppliers, and financial institutions have more trust in its operations. This credibility makes it easier to secure loans, attract partnerships, and build long-term business relationships.

With access to large-scale capital, a Public Limited Company has the financial strength to expand its operations nationally and internationally. It is more likely to attract joint ventures, foreign direct investments (FDI), and strategic partnerships, helping it establish a presence in global markets. This enables long-term business growth and increased market reach.

A Public Limited Company enjoys perpetual succession, meaning its existence is not affected by changes in ownership, resignation, or death of shareholders and directors. Additionally, its shares are freely transferable, allowing investors to buy or sell shares without affecting business continuity. This ensures stability, liquidity, and long-term sustainability of the company.

Documents Required

Identity proof of director

Address proof of director

Photograph of Director

Contact details of Directors

Utility bill of business place

Certificates You will get!

Allotment of DIN (for directors)

Company PAN & TAN

Incorporation certificates

Spice+ Forms Part A & Part B

MOA - Memorandum of Association

AOA - Articles of Association

Current Account Opening

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