PAN Card & Aadhaar Card
Passport-size Photograph
Address Proof (Bank Statement/Electricity Bill)
Rent Agreement & NOC (if rented)
Latest Utility Bill (Electricity/Water Bill)
Terms & Conditions
Director & Shareholder Requirements
Minimum 3 Directors and 7 Shareholders required (as per Companies Act, 2013)
At least one director must be a resident of India
Company Name Reservation
Includes one name approval attempt; subsequent attempts cost ₹2,000 each
Kanoons checks availability, final decision lies with MCA
Processing Time
7–10 working days from document submission, subject to MCA timelines
Post-Incorporation Compliance
Appointment of auditor, share certificate issuance, and ROC filings mandatory
Annual compliances include AOC-4, MGT-7, ITR, and GST (if applicable)
Government Fees & Taxes
All prices exclude government fees, stamp duty, and GST
Offer Terms
Offers cannot be combined with others
Kanoons may revise pricing or services without notice
Refund Policy
No refund once filing process begins
Only government charges refundable before submission (if unpaid)
Disclaimer
Kanoons facilitates registration but does not guarantee MCA or SEBI approval
Jurisdiction lies with courts in Hyderabad, Telangana
📌 Kanoons guarantees transparency, legal compliance, and end-to-end support for Public Limited Company formation.
Public Limited Company
Unlock large-scale growth, raise capital from the public, and establish credibility with a Public Limited Company
A Public Limited Company (PLC) is a business entity registered under the Companies Act, 2013, which offers shares to the public and enjoys wider capital-raising opportunities. It is a separate legal entity with limited liability for its members and is governed by strict regulatory compliances enforced by the Ministry of Corporate Affairs (MCA) and SEBI (if listed).
Public companies are generally preferred by large businesses planning to scale rapidly, issue equity to the public, or list on a stock exchange.
With Kanoons, incorporating a public limited company becomes hassle-free. Our expert legal consultants, CA, CS, and compliance officers guide you from name approval to post-incorporation support.
Why Choose Private Limited Company? (Advantages & Disadvantages)
Advantages:
- Easy access to public funding
- Credible image among investors and financial institutions
- Limited liability and distinct legal entity
- Transferability of shares
- Structured governance and transparency
Disadvantages:
- High compliance & regulatory requirements
- Greater scrutiny from ROC, SEBI, and stakeholders
- Mandatory disclosures and annual audits
- Limited decision-making for majority shareholders
Who Should Register an Public Limited?
- Growing Businesses Seeking Capital: Especially those planning to raise funds through equity or debt instruments.
- Enterprises Targeting Public Listings: For those eyeing IPOs or stock exchange listing.
- High-Revenue Companies: Wanting credibility, structured operations, and legal transparency.
- Joint Venture Setups: Especially when involving multiple investors or stakeholders.
- Businesses with Shareholder Expansion Plans: PLC allows an unlimited number of shareholders.
Documents Required for Public Limited Registration
Director’s & Shareholders Documents:
- PAN Card & Aadhaar Card
- Passport, Voter ID
- Passport-size Photograph
- Address Proof (Bank Statement/Electricity Bill)
Business Address Proof:
- Rent Agreement & NOC (if rented)
- Latest Utility Bill (Electricity/Water Bill)
Public Limited Incorporation Process (Step-by-Step)
- Free Consultation – Eligibility check and legal advisory
- DSC & DIN Application – Apply for Directors’ Digital Signatures and DINs
- Name Reservation (RUN/Part-A of SPICe+) – As per MCA norms
- MOA & AOA Drafting – With expert support from legal professionals
- SPICe+ Form Filing & ROC Approval
- Company Setup & Delivery – PAN, TAN, COI & guidance
Kanoons ensures a hassle-free, 100% online Public Limited registration process!
What’s Included in Our Public Limited Incorporation Package?
- Digital Signatures (DSC)
- Director Identification Numbers (DIN)
- Name Reservation
- Drafting of MOA, AOA
- Filing of SPICe+ Forms
- PAN & TAN Allotment
- Certificate of Incorporation
- Post-registration guidance
Post-Incorporation Compliances for Public Limited
✔ Appointment of Statutory Auditor (within 30 days)
✔ Opening of Bank Account
✔Allotment of Share Certificates
✔Issue of Share Capital and compliance with PAS-3
✔Board & AGM Meetings as per statutory requirement
✔Filing of Annual Returns (MGT-7), Financials (AOC-4)
✔Income Tax Return Filing, GST Registration (if applicable)
✔Adherence to SEBI Listing Regulations (if listed)
Why Kanoons?
🌟Assistance in name reservation and ROC filings
🌟Drafting of MOA, AOA, and key resolutions
🌟Filing of SPICe+, PAN, TAN & other statutory documents
🌟Auditor appointment, share issuance, and post-registration setup
🌟Dedicated compliance officer & annual support package
🌟Expert advisory on SEBI, listing, and legal audit requirements
Failure to meet Public Limited Company obligations can result in severe consequences:
- Annual Return & Financial Filing Delays – Penalty of ₹100/day per form
- Non-appointment of Auditor – Attracts disqualification and prosecution
- Failure to Issue Share Certificates – Violation of Section 56, liable to penalties
- Late Income Tax Filing – Penalties under the IT Act, interest on tax dues
- Non-Holding of AGM – ₹1 lakh penalty + ₹5,000 per day for default
- SEBI Violations – Heavy fines, investor actions, and regulatory scrutiny (for listed entities)
Valuable insights to change your startup idea
FAQ
Public Limited Company's (PLC) Frequently Asked Question
How many people are required to start a public limited company?
A minimum of 3 directors and 7 shareholders are required.
Can a public limited company be listed on the stock exchange?
Yes, a public company can list on stock exchanges after fulfilling SEBI and exchange-specific norms.
What is the timeline for registration?
Typically, 7–10 business days after document submission and approvals.
Is audit mandatory for public companies?
Yes, statutory audit is mandatory under the Companies Act, 2013.
Can NRIs or foreign nationals be shareholders?
Yes, subject to FDI norms and at least one resident director being appointed.
What if I fail to file annual returns?
Non-compliance can attract penalties and lead to disqualification of directors.
Get Started Today!
Incorporate Your Public Ltd Now & Get Legal Compliance Support!
Limited-Time Offer
Get Your Public Limited Registered at ₹49,999!
Take the first step towards building a legally recognized and protected business. With Kanoons, experience a hassle-free, fully online Public Limited Incorporation backed by expert legal and compliance support.
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"Incredible support from Kanoons. Seamless incorporation process with detailed legal advice."
Ritika J Entrepreneur