Looking for a trusted firm to register your Company? Want to register your business as a Public Limited Company? Don’t Worry, our professionals at Audit India, the best Company Registration service provider in India is ready here to assist you at every stage of the formation of a public limited business.
According to the Business Act of 2013, a limited liability company that issues shares to the general public is known as a public limited company. Anyone can purchase its stock through trades on the stock market or a private (IPO) initial public offering.
A public limited company is subject to tight regulations and is obligated to disclose to its shareholders its genuine financial situation. According to the Companies Act of 2013, there is no limit on the maximum number of directors and a minimum of 3 directors are necessary to form a public limited company.
- Step 1: Digital Signature Certificate (DSC)
- Step 2: Director Identification Number (DIN)
- Step 3: Registration on the MCA Portal
- Step 4: Certificate of Incorporation
Requirements
- Minimum 7 shareholders.
- Minimum of 3 directors.
- A minimum share capital of Rs. 5 lakhs is required.
- Digital signature certificate (DSC) of one of the directors.
- Directors of the proposed company will need a DIN.