Public Limited Company

Public Limited Company

Public Limited Companies are those Companies whose shares are traded in stock market. For getting the certificate of public limited company, the company must have minimum of 3 directors and 7 shareholders. A public limited company have all the advantages of private limited concern and they have the ability to have any number of members and having a feature of ease in transfer of shareholding and more transparency.

Choose public limited company because of:

  • More preference is given to public limited companies while obtaining loans.
  • By following the compliance of public limited company, you can list its shares on stock exchange.
  • Shareholders in public limited company can transfer their shares with great ease.
  • It limits the liability of its members.

Documents required for public limited company are as follows:

  • Copy of PAN Card of all the directors and shareholders
  • Either the Aadhar card or voter identity card of all directors and shareholders
  • If the company property is on rent then rent agreement
  • Property papers (if owned)
  • NOC from owner (format will be provided)
  • Electricity bill or water bill must be of business place
  • Passport size photographs of directors

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    Frequently Asked Questions

    Is it necessary to have 3 directors for Public Limited Company Registration?

    Yes, you need a minimum of three directors for a public limited company. The maximum members can be unlimited.

    Who can be Shareholder/Member in Public Limited Company?

    Any individual/Company/LLP can become the member of the private limited company including foreigners/NRI. However, the individual must 18+ above in terms of age and should have a valid PAN card.