FEW PROCESS STEPS FOR COMPANY REGISTRATION ARE HERE:
A public limited company is a voluntary association of members which can be incorporated by seven or more persons and Minimum 3 Directors. It has a separate legal existence apart from its members who compose it. It must have a minimum of seven members but there is no limit as regards the maximum number. It’s shares are freely transferable and that too without the prior consent of other shareholders.
It is independent legal person, its existence is not affected by the death, retirement or insolvency of any of its shareholders. These companies can accept deposits from the public.
These Companies can be listed or unlisted.
Minimum seven people are required to start the public limited company in India. These companies shall have minimum three directors. The same seven people can become shareholder and director of the company. However, maximum any number of people can become shareholder in the public limited company.
Capital of the business is depending on the need of the business and statutory no minimum capital is required to start the public limited company. However, minimum authorized and subscribed share capital required for public company is Rupees five lakh.
Among director, one person must be resident Indian.
The name of the public limited company should be unique and should not be similar to the any existing company name or trademark.
Limited Liability Partnership
One Person Company
Service Providers, Professional Service Firms, Trading Business
Ideal for Medium and Large-Scale business and allows them to raise equity capital from Public.
Limited Liability Protection
Only if contribution more than Rs. 25 lakhs or turnover exceeds Rs. 40 Lakhs
Subject to turnover of the firm
Simplified Proforma for Registration of Company electronically (SPICe) is a fast track registration procedure initiated by Ministry of Corporate Affairs which enables a single form for company registration.
Through SPICe Form, we can register a Company in 10-12 Days.
You can start a Limited Company with any amount of capital. However, fee must be paid to the Government for issuing a minimum of shares worth Rs 1 lakhs [Authorized Capital Fee] during the incorporation of the Company.
Yes, a NRIs and Foreign National can become Directors in a Public limited Company. They need to get a DIN from Ministry of Corporate Affairs (MCA). At least one Director on the Board of Directors should be an Indian Resident.
No, new company registration is a fully online process. As all forms are filed electronically. You would need to send us scanned copies of all the required documents.
eZeefiling can register a Public limited Company in 15 days. To ensure a speedy registration, kindly choose a unique name as the proposed Company name and also ensure that you have all the required documents prior to the starting of the registration process.
These rules contain the rules, vision and mission of your organisation, and define, among other things, the exact business and the roles and responsibilities of shareholders and directors.
Yes, one can register the company at their home address. One requires to submit the utility bill copy of the same with noc.