EazyBahi Solutions

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Public Limited Company

Get your Public Company registered along with name approval, PAN, TAN, GST registration, drafting of required documents.

    public limited company

    Public Limited Company

    A Public company is a company whose shares can be bought by the general public and traded freely in the open market. A public limited company sells its shares to the general public through an IPO (Initial Public Offer) or FPO (Further Public offer). The shares of a public company are generally traded in a stock exchange. The main advantage while people choose to run a public company is its ability to tap the financial markets by selling its shares/ stocks/ bonds in order to raise capital for further expansion of the business.

    Advantages of a Public Company:

    • Limited Liability
    • Easy availability of capital by issue of shares to the public
    • Separate legal entity
    • High credibility
    • Spreading risk by widening the shareholder base
    • Opportunities for Growth and expansion

    Disadvantages of a Public Company:

    • More compliances to follow
    • Burden of maintenance of documents
    • Higher levels of transparency
    • Issues regarding ownership and control
    • Vulnerable to takeovers

    Steps for Registration of a Public Company:

    1. 1. Aquire Digital Signature Certificate for every director
    2. 2. Apply for DIN
    3. 3. Reserve a suitable name for the proposed company
    4. 4. File e-MOA and e-AOA at the mca portal to register a new company with the approved name
    5. 5. Apply for a PAN and TAN of the company
    6. 6. After getting Incorporation certificate apply for certificate of commencement of business.

    Documents required for registration:

    1. PAN Card of directors and shareholders. Passport in case of foreign nationals.
    2. Identity proof of directors and shareholders.
    3. Directors Address Proof.
    4. Passport size photograph of directors.
    5. Business’ Address Proof.
    6. NOC from owner of property.
    7. Rent agreement between the owner and the company to be formed.
    8. In case of Foreign Nationals or NRIs every document of the director must be notarized or apostilled.