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Online Public Company Registration
Public Ltd. Company Registration starts from ₹14,900 Only!
No Unseen Fees
Fast and Effortless Process
Lifetime Access to Complimentary Expert Support
A Public Limited Company provides limited liability protection and the ability to raise significant capital by issuing shares to the public. It is particularly suitable for large enterprises needing considerable funding and operates under the Companies Act, 2013. Public limited companies can list their shares on the stock exchange through Initial Public Offerings (IPOs), which simplifies the process of attracting investors.
Benefits, Process, and Requirements for Registration
Discover the key benefits, understand the registration process, and learn about the requirements for establishing a Public Limited Company.
Overview of Public Company
Table of Content
Complete the Public Company Registration Application Form
Provide us required Documents
Make an Online Payment
Our expert team will manage the Application process for public Company Registration
Certificate of Public Company Registration will be mailed after completion of registration
How to register Public Company with Corporate Shastra
Benefits of Registering a Public Company
Capital Raising Opportunities
A Public Limited Company can generate significant capital by selling shares to the general public, facilitating the acquisition of large amounts of funding.
Enhanced Credibility and Recognition
In contrast to a Private Limited Company, where share transfers require the consent of other members, a Public Limited Company allows for the unrestricted and simple transfer of shares.
Free Transferability of Shares
Unlike a Private Limited Company, where share transfers need the approval of other members, a Public Limited Company permits unrestricted and straightforward transfer of shares.
Separate Legal Entity Status
A Public Limited Company functions as an independent legal entity, which means the business owners are not personally responsible for its liabilities. The company is capable of acquiring assets and taking on debts under its own name.
Public Limited Company Registration process
Step 1. Application for Digital Signature Certificate (DSC)
The registration process for a Public Limited Company is entirely digital, making the acquisition of a Digital Signature Certificate (DSC) a mandatory requirement. Both the directors and subscribers of the company’s memorandum must apply for a DSC through certified agencies. Obtaining a DSC is a fully online procedure that can be completed within 24 hours and involves three straightforward verifications: document verification, video verification, and phone verification.
Step 2. Application for the Name Approval
The name application for a Public Limited Company can be submitted using the SPICe RUN form, which is included in the SPICe+ form. When applying for the company name, it is essential to define both the industrial activity code and the object clause of the company.
Note: It is important to ensure that the proposed business name does not resemble that of any already registered company and complies with the provisions of the Emblems and Names (Prevention of Improper Use) Act, 1950. You can easily check for name availability using our company name search tool.
Step 3. Filing of SPICe Form (INC-32)
After the name approval, the registration details of the company must be prepared in the SPICe+ form. This form is a simplified template designed for the electronic incorporation of a company. The required details in the form include:
Details of the company
Details of members and subscribers
Application for Director Identification Number (DIN)
Application for PAN and TAN
Declaration by directors and subscribers
Declaration & certification by professional
Step 4. Filing of e-MoA (INC-33) and e-AoA (INC-34)
The SPICe e-MoA and e-AoA are interconnected forms that must be completed during the company registration application process.
Memorandum of Association (MOA): Defined under Section 2(56) of the Companies Act 2013, the MOA serves as the foundational document of the company, outlining its constitution, powers, and objectives.
Articles of Association (AOA): Defined under Section 2(5) of the Companies Act, the AOA provides a detailed account of the rules and regulations governing the management of the company.
Step 5. Issuance of PAN, TAN and Incorporation Certificate.
After the approval of the aforementioned documents by the Ministry of Corporate Affairs, the PAN, TAN, and Certificate of Incorporation will be issued by the relevant department. The company will then need to open a current bank account using these documents. Please feel free to reach out to us for assistance with opening your current bank account.
Public Company Registration – requirements
A minimum of seven members is required.
A share capital of at least 5 lakh rupees is needed.
At least three members must serve as directors of the company.
Under the Companies Act 2013, you must provide valid identity proof for members and directors, along with a legitimate address proof for the business office. It's important to note that owning a commercial property is not required for company registration; a residential address can be used for incorporation. The necessary documents include:
Passport-sized photographs of the members
Copy of the PAN Card for the members
Copy of Aadhar Card or Voter ID
Bank statement (within the last two months)
Proof of the registered business address
No Objection Certificate from the property owner
Documents Required for Formation of Public Company
Comparison of Business Structures
Proprietorship | Partnership | OPC | LLP | Private Limited | |
|---|---|---|---|---|---|
Ownership | Sole Ownership | Min 2 partners Max 50 partners | Only 1 member | Min 2 Designated Partners | Min 2 Directors Min 2 Shareholders Max 15 Directors Max 200 Shareholders |
Separate
Legal Entity | No | No | Yes | Yes | Yes |
Applicable Law | No specified Act | Partnership Act, 1932 | Companies Act, 2013 | Limited Liability Partnership Act, 2008 | Companies Act, 2013 |
Statutory Audit | Not Mandatory | Not Mandatory | Mandatory | Based On Applicability | Mandatory |
Liability | Unlimited | Unlimited | Limited | Limited | Limited |
Perpetual Existence | No | No | Yes | Yes | Yes |
Ownership Transferability | No | Yes (Restricted) | Yes (Restricted) | Yes | Yes |
Taxability | Low | High | Moderate | High | Moderate |
Compliance
Requirement | Low | Low | High | Moderate | High |
Public Company Incorporation Package Includes
After incorporating a Public Limited Company, you will receive the following documents:
Certificate of Incorporation
Permanent Account Number (PAN) for the company
Tax Deduction or Collection Account Number (TAN) for the company
Articles of Association (AoA)
Memorandum of Association (MoA)
Director Identification Number (DIN)
Digital Signature Certificate (DSC)
EPF and ESIC registration documents
Company Master Data
Frequently Asked Questions (FAQs)
How do I register a public limited company?
You can register your public limited company with a minimum of 7 members and three of them must be the directors of the company. You’re required to arrange proper identity and address proof of directors, members and business office along with declaration of a professional like CA, CS, etc.
How many minimum members is needed to form a public limited company?
Can I list my public limited company on stock exchange?
How much time does it take to register a public limited company?