Magus can help you with incorporation of Public Limited Company for you, as and when required, in a hassle-free manner within a reasonable time span and for competitive professional fee. To know more, please book a telephonic appointment with one of our consultants free of charge.
The process of incorporating a Public Limited Company can take anywhere between 15 to 20 working days, subject to submission of correct information and complete documentation.
The broad process of registering a Public Limited company involves following steps: STEP 1 : Provision of requisite mentioned documents/information to us STEP 2 : Validating the documents/ information and processing the same STEP 3 : Filing of application and submission of the same in online manner STEP 4 : Payment of appropriate government fee as applicable STEP 5 : Processing of the application and issuance of registration certificate
PAN Card (All the Proposed Directors and/or Shareholders) ID Proof (All the Proposed Directors and/or Shareholders(Passport/ Voter ID/ Aadhar Card/ Driving License) Address Proof (All the Proposed Directors and/or Shareholders)(Telephone Bill/ Mobile Bill/ Savings Bank Statement) Passport size Photograph (All the Proposed Directors and/or Shareholders) Rent Agreement (For proposed company Address) Electricity bill A permission letter from the owner about use of his premises for registered office of the proposed company *All the documents mentioned above in point no 1 to 3 need to be self-signed by the respective proposed directors/ members/ shareholders *All the utility bills or bank statements...
The Public limited company can be incorporated with minimum Authorized and paid up capital of Rs. 5,00,000/- and there is no upper limit, however, ROC fees vary with change in/ increase in Authorised Capital.
Shareholders are the owners of companies limited by shares. As the beneficial owners of a limited company, they are not involved in day-to-day management or financial affairs.They are also called ‘members’ and they agree to become part of a company by taking a minimum of one share in it. The quantity of shares held by each person represents how much of the business they own.
Directors are officers of the company who are responsible for managing the company and making the decisions as to its operation on a day to day basis, for the benefit of the shareholders.
Minimum three directors are required in a Public Limited Company, with an upper cap of 15 directors.
Minimum Seven persons are required to form a Public Limited Company and there is no maximum limit to it.