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  >  Public limited company

Documents required for Incorporation

For incorporation of a company, we need documents/details in respect of Directors and shareholders of the proposed company. We need to upload the documents/details on MCA portal. After verification(by MCA) of all the documents/details uploaded , MCA will approve the incorporation of company.

Following documents(Scanned Copy) are required for the incorporation of the company :-

Enquiry Form

1. For Directors and Subscribers

  • Proof of Identification (Passport/ DL/ Voter ID Card)
  • Bank Statement (Not older Than 3 Months)
  • Passport size photo
  • PAN & AADHAAR

2. For Company

  • Copy of Utility Bill of proposed Registered Office (Bill shall not be older than 2 months and the name of the owner of the property should be mentioned in the utility bill)
  • Office Address Proof (Rent Agreement mentioned therein the name of any one director if rented property otherwise conveyance deed)
  • In the case of rented property NOC required from the owner of the property.

Benefits of Public Company


NO RESTRICTION ON NUMBER OF MEMBERS

There is no limit on numbers of members in the Public Limited Company. Minimum 7 Members are required to incorporate a Public Limited Company.

NO RESTRICTION ON TRANSFER OF SHARES

Shares of Public Limited Company can be freely transferred among members.

RAISING CAPITAL

A Public company can raise capital from the public by issuing shares through stock markets.

GROWTH OPPORTUNITIES

Public Limited Company can be in advantageous position to pursue new projects, products or new markets.

Process


Step 1

OBTAINING DSC OF DIRECTORS/SUBSCRIBERS It will take 1 Working day to obtain DSC

Step 2

APPLY FOR DIN (IF PROPOSED DIRECTORS ARE NOT HAVING DIN) It will take 1 Working day to get DIN approval

Step 3

RESERVE UNIQUE NAME (Maximum 4 names can be applied in order of preference. It will take 3 Working days subject to name availability)

Step 4

UPLOADING OF ALL THE DOCUMENTS ON MCA PORTAL FOR APPROVAL. It will take 4 Working days subject to name availability

Frequently Asked Questions

How much capital is required to incorporate a Public Limited Company?

Public company can be started with minimum capital of Rs. 7.

How many shareholders/members are required to incorporate a Public Limited Company?

Minimum 7 Members/Shareholders are required to Incorporate a Public Limited Company.

How many directors are required to incorporate a Public Limited Company?

Minimum 3 Directors are required to incorporate a Public Limited Company. There should be minimum 1 Indian Resident as director of Public Limited Company.

Whether there is requirement of office address to incorporate a public limited company?

Yes, we need to have correspondence office address and registered office address of the Public Limited Company.

Who can be a director of Public Limited Company?

Any person of 18 years and above can become director of a Public Limited Company.

How much time does it take to incorporate a Public Limited Company?

With the help of Karlbucks, you can incorporate your company within 5 days from the approval of name of the proposed company.

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