What Is Public Limited Registration?
Public Limited Companies are companies whose shares are traded in the stock market or issue fixed deposits. For Public Limited Company Registration, the company must have a minimum of 3 Directors, 7 Shareholders and a maximum of 50 Directors, and require ₹5 Lakhs of paid-up capital.
A Public Limited Company has all the advantages of a Private Limited Company, along with the ability to have unlimited members, easier transfer of shareholding, and greater transparency. Public Limited Registration is done through TaxOSmart.
Limits the liabilities of its partners.
Shareholders can transfer their shares with great ease.
More preference is given to public limited companies when granting loans.
By following compliance, public limited companies can list their shares on the stock exchange.
Documents Required for Public Limited Registration
- Copy of PAN Card of directors
- Copy of Rent agreement (If rented property)
- Landlord NOC (Format will be provided)
- Passport size photograph of directors
- Electricity/ Water bill (Business Place)
- Copy of Aadhaar Card/ Voter identity card
Public limited Compnay
Ideal for Start-ups Going for Funding & Growing Business
