Public Company Registration

Public Company Registration

A public limited company is incorporated for large capital requirements so that it can be raised from the public at large through Public Issue of Shares. The minimum requirement is seven shareholders and three directors and a registered office. We will extend our support in documentation, preparation, filing and subsequent Follow-up with ROC.

Requirements

  • Minimum Shareholders: A Public company can be registered in India by at least seven persons who shall act as the shareholders of the Company and there is no limit on the number of shareholders.
  • Minimum Directors: Minimum 3 director required & maximum 15 directors. At least on director of the company shall be resident in India. A person is said to be resident if he or she stays in India for at least 182 days during the preceding financial year irrespective of their citizenship. The days can be in phases.
  • Capital Requirement: Invest as per requirement of your business, and there is no minimum capital requirement as such to be maintained in the company. However, the government fee on company registration is calculated on the capital.
  • Unique Name of Company: The proposed name of the company should not resemble any existing company or LLP. Further you must check the trademark registry to ensure that the name does not match with any registered or applied trademark in India.

Documentation

  • Identity Proof & address proof of each promoter
  • Identity proof & address proof of each directors with photograph
  • PAN Card of each director and promoter
  • Signed declaration(s) from promoter and director
  • Proof of Registered Office of the Company
  • Utility bill as proof must be latest with NOC from owner of premises

Registration Process

  • Digital Signature: As the application for Company Incorporation is filed online, the process starts with the issuance of Digital Signatures of class two of directors.
  • Name Approval: The Company name must be unique and should not be same or similar to an existing company, LLP or a trademark.
  • Filling of Incorporation: One single application (spice 32) is filed for incorporation of the company. with the approval of this the Certificate is Issued.
  • PAN, TAN: The IT Department allots PAN & TAN, which is mentioned on the certificate of incorporation.

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