✅ Introduction
A Public Limited Company (PLC) is a popular business structure for medium to large enterprises that wish to raise capital from the public through the issue of shares. Governed by the Companies Act, 2013, a Public Limited Company provides limited liability protection, separate legal identity, and the ability to list on the stock exchange for wider funding opportunities.
At Healthy Tax, we provide end-to-end Public Limited Company registration services in India, including incorporation, compliance, PAN, TAN, GST, and legal documentation—ensuring a seamless and hassle-free process for your business.
🔹 Key Features of Public Limited Company
- ✅ Minimum Members – Requires at least 3 directors and 7 shareholders.
- ✅ Maximum Members – No cap on the number of shareholders.
- ✅ Limited Liability – Shareholders’ liability is limited to their shareholding.
- ✅ Separate Legal Entity – The company exists independently of its owners.
- ✅ Fundraising Potential – Can raise funds by issuing shares to the public.
- ✅ High Credibility – Ideal for businesses looking for expansion and investment.
🔹 Advantages of Public Limited Company
- Access to Capital – Ability to raise funds through public issue of shares.
- Enhanced Credibility – Recognized structure builds trust with investors, banks, and stakeholders.
- Limited Liability Protection – Protects personal assets of shareholders.
- Perpetual Succession – Business continues regardless of changes in ownership.
- Growth & Expansion Opportunities – Suitable for large-scale businesses.
🔹 Eligibility for Public Limited Company Registration
- Minimum 3 Directors and 7 Shareholders.
- At least one director must be a resident of India.
- DIN (Director Identification Number) for all directors.
- No minimum paid-up capital requirement as per Companies Act, 2013.
🔹 Documents Required
- Identity Proof – PAN card of all directors & shareholders.
- Address Proof – Aadhaar, Passport, Voter ID, or Driving License.
- Business Address Proof – Utility bill (not older than 2 months).
- Passport Size Photos – Of all directors.
- Digital Signature Certificate (DSC) – Mandatory for directors.
- MOA & AOA – Memorandum & Articles of Association.
🔹 Registration Process of Public Limited Company
At Healthy Tax, we follow a transparent and simple process:
- Obtain DSC & DIN – Digital Signature and Director Identification Number.
- Name Approval – Apply for unique company name through MCA portal.
- Draft MOA & AOA – Prepare incorporation documents.
- Filing with MCA – Submit incorporation forms with Registrar of Companies (ROC).
- Certificate of Incorporation – Issued by ROC as proof of registration.
- Apply PAN & TAN – For taxation compliance.
- Open Bank Account – For business operations.
- GST Registration (if applicable) – Based on turnover.
🔹 Compliance Requirements for PLC
- Filing of Annual Returns & Financial Statements with ROC.
- Statutory Audit of accounts is mandatory.
- Board Meetings & General Meetings as per law.
- Filing of Income Tax Returns annually.
- Compliance with SEBI regulations (if listed on stock exchange).
💰 Cost & Timeline
- Time Required: 15–20 working days (approx.)
- Cost: Depends on professional fees & government charges (contact Healthy Tax for customized packages).