Pan Aaadhar Voter/Driving License/Passport Bank Statement/Passbook/Telephone Bill/Any Utility Bill Photo
Other Documents:
Electricity Bill / Property Tax Rental Agreement NOC
Includes:DSC, DIN, Name Reservation, MoA, AoA, Incorporation, Stamp Duty, PAN, TAN, GST Registration, EPFO Registration, ESIC, Bank Account Opening, Gov. Fee, Processing Fee. Duration: 14 Working Days Working Area: Pan India
Minimum 3 Directors and 7 Shareholders are required and the above pricing is for 3 Directors only, extra Director will cost ₹2500/partner.
The directors and shareholders can be same person.
The minimum share capital of ₹5 lakhs is required.
Two names must be provided for name availability in advance and the above price is only for single run, if name is rejected in first run then ₹2000 extra will be charge for each run.
We do our initial research for name availability but final decision will be taken by the Registrar, hence we take no responsibility of name reservation as its solely depends on the registrar.
Duration time starts after the submission of all signed documents excluding holidays and delays are also depends on the response from the MCA.
This offer can’t be clubbed with any other offer.
Kanoons reserves the right to change this offer anytime without any prior notice.
All prices are excluding taxes.
All other general terms and conditions applied.
Public Limited Company
A Public Limited Company grants limited liability for its owners and managerial officials. Being a Public Company permits a company to sell stocks to investors that is beneficial in raising capital. A minimum of 3 Directors are needed for establishing a Public Limited Company and it’s stricter regulatory requirements in comparison to a Private Limited Company Registration.
Public Limited Companies are these kinds of businesses where the minimum amount of member is seven and there’s no limit on the maximum amount of associates. A Public Limited Company or Public Ltd Company has all the aspects of a Private Limited Company. A Public Limited Company has all of the benefits of a Private Limited Business along with the ability to have some members, facilitate in transport of shareholding and more transparency. Identifying marks of a Public Limited Company are title, number of members, stocks, creation, management, directors and meetings, etc.
Kanoons says Public Limited Companies is businesses whose shares are traded in the stock marketplace or fixed deposits. For Public Limited Company Registration, the Business should have minimum 3 Directors, 7 Shareholders and Maximum 50 Directors and requires Rs 5 Lakhs of Paid-up Capital. A Public Limited Company have the benefits of a Private Limited Company along with also the capability to have some members, simplicity in transport of shareholding and much more transparency. Public Limited Company Registration is performed through kanoons.
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What is the technique for obtaining Public Limited Company Registration?
Step 1:Â It is essential to meet all of the necessities such as Number of Directors, Number of shareholders, minimal paid-up proportion capital have been fulfilled. The similarly steps of registration can be finished simplest if this step is entire.
Step 2:Â The next step is to acquire the DSC and DIN for the administrators of the Company. Only a natural individual may be a director now not any character or entities just like the LLPs or Financial institutions. It is not important for the Director to be the shareholder of the Company.
Step 3:Â To be recognized as a registered workplace it’s far necessary to have a right cope with of the Company. The Registered office address has to be registered with the Registrar of Company below whose jurisdiction the office falls. This office address is to be entered efficiently as all the correspondence associated with business may be made to the registered office deal with. The registration fee might be dependent on the authorized capital of the business enterprise.
Step 4:Â Before the technique of registration, the name of the Company must be approved by the ROC. For a Public Limited Company, the name must cease with the phrase “Limited”. This software could be filed within the RUN shape of the Ministry of Corporate Affairs. It is higher to provide a list of names in the order of desire, in case a specific name isn’t always to be had.
Step 5: Once Company’s name is approved, it’s essential to complete the crucial documents, namely the Memorandum of Association (MoA) and Articles of Association (AoA).
Step 6: Once the documents are organized they need to be submitted to the ROC for verification.
Step 7:Â Once the verification is completed the ROC registers the agency and issue the incorporation certificate in conjunction with the CIN of the Company.
Step 8: The business cannot commence immediately after receiving the COI. Instead, the company must apply for a certificate of commencement within 180 days of receiving the COI, confirming that all subscribers have paid their subscription money.
Requirements for registering a Public Limited Company
Some various policies and rules are prescribed below the Companies Act,2013 for the formation of a Public Limited Company in India. Here is a tick list one need to recognize at the time of registering a Public Limited Company:
Minimum 7 shareholders are required to shape a Public Limited Company.
A minimum of 3 Directors is required to shape a Public Limited Company.
A minimum proportion capital of Rs.5 lakh is required.
DSC of one of the Directors is needed when the self-attested identity copies and cope with evidence are submitted.
DIN for the Directors is important.
Application is to be made for the choice of the Name of the Company.
An utility that contains the main item clause of the business enterprise is made. This object clause will outline the principle objectives of a Company after the incorporation.
The application is submitted to the ROC along with the important documents like MOA, AOA, a duly fille shape DIR-12, Form INC 7, and Form INC -22 is needed.
Payment of the registration charges that are prescribed by way of the ROC.
Once the ROC has accredited the enterprise need to practice for the enterprise commencement certificates.
What are the advantages of Registering a Public Limited Company?
Here are the benefits of Registering as a Public Limited Company:
Separate Legal entity:Â A Public Limited Company is taken into consideration to be a separate felony entity from the shareholders. The Public Limited Company has a perpetual life and can have its PAN, Bank Account, Approvals, Contracts, Licenses, Assets, and Liabilities.
Multiple avenues of investment: A Public Limited Company raises budget from people in addition to from monetary institutions. The budget may be additionally raised in fairness shareholding, preference shareholding, or debentures.
Easy transferability of shares:Â It is certainly one of the largest advantages of a Public Limited Company, the shares may be effortlessly transferred through a shareholder to other legal entities- be it an individual or an organization in India or overseas. The director of the organization can also be changed for ensuring the business perpetuity.
Limited Liability:Â The shareholders of a Public Limited Company are given confined legal responsibility protection. In a scenario of sudden legal responsibility, the identical would be constrained only to the enterprise and the no longer affect the shareholders in any manner.
Growth possibilities:Â As the corporation has a massive capital base the development openings are likewise large, mainly within the event of an open restricted company.
Management:Â The employer is controlled with the aid of the Board of Directors. This Board of Directors is elected by way of the investors.
Why Choose Kanoons for Public Limited Company Incorporation?
At Kanoons, we specialize in facilitating Public Limited Company registrations in India, offering comprehensive support and guidance throughout the incorporation process. Our team of experts delivers personalized consultations tailored to your specific needs and corporate objectives.
Selecting the right name for your company is crucial, and Kanoons’ professionals will assist you in selecting a distinctive and suitable name that complies with regulatory standards. We conduct thorough name availability searches and facilitate the reservation of your chosen name, reflecting your corporate identity.
Navigating the maze of documentation required for company registration can be daunting, but our experts will efficiently handle this task for you. We will assist you in gathering all necessary documents, ensuring precision and adherence to regulations.
To register a Public Limited Company, directors need to obtain Digital Signature Certificates(DSCs) and Director Identification Numbers (DINs). We will seamlessly guide you through this process, ensuring you acquire the necessary certifications for smooth registration.
By entrusting your Public Limited Company registration needs to Kanoons, you can rest assured that the process will be handled professionally and efficiently. Our aim is to streamline the process, allowing you to focus on your corporate objectives while we take care of the legal formalities. Begin your entrepreneurial journey with confidence by registering your company through Kanoons.
Start now and embark on your entrepreneurial journey with assurance!
Annual Compliances for a Public Limited Company
Unlisted Company
Board Meetings:Â An unlisted Public Limited Company is required to hold at least four board conferences in compliance with Section 173 of the Companies Act,2013.
Appointment of a Cost Auditor:Â The auditor is required to be appointed as in line with Section 148(3) together with Rule 6(2) and Rule 6(3A) of the Companies Rules,2014. For this form, CRA 2 is to be filed. It is pertinent to say that the original appointment of the auditor need to be accomplished within 30 days of the Board meeting or a hundred and eighty days of the economic year, whichever is in advance. When a informal vacancy arises the same is to be filed inside 30 days.
Return of Deposits:Â Returns of deposits must be filed with the ROC underneath whose jurisdiction the business enterprise falls via Form DPT three in compliance with rule 16 of the Companies (Acceptance of Deposit) Rules,2014.
Appointment of CFO or CS or CEO:Â Section 203 examine with Rule 8 and Rule 8A of the Companies Rules,2014 requires the appointment of the CFO or CS or CEO within 30 days of the AGM or 6 months in case of the informal emptiness. Form MGT 14 or Form DIR 12 are filed.
Annual General Meeting:Â AGM for the declaration of the dividend must be carried out in compliance with Section 96 of the Companies Act, 2013.
CSR Committee:Â CSR Committee has to keep 4 conferences with an opening of now not much less than 120 days between the 2 meetings held for dialogue and approval of the CSR activities. This is done underneath the Companies Act,2013 study with Companies Rule,2014 and Secretarial Standard.
Director’s Disclosure: Directors are required to disclose any monetary hobby within the Company through Form MBP 1 in compliance with Section 184(1) of the Companies Act,2013 study with Rule 9(1) of the Companies (Meetings of Board and its Powers) Rules,2014.
Listed Company
Annual General Meeting:Â Annual General Meeting has to be held following Section 121(1) of the Companies Act, 2013. Form MGT-15 must be filed as soon as the AGM has been performed
Financial Statements:Â The Financial Statements of the Company ought to file as in step with Section 137 of the Companies Act,2013, study with Rule 12(2) of the Companies (Accounts) Rule,2014. The Financial statement consists of the stability sheets, cash flows statements, Director’s announcement, Director’s document, Auditor’s record, and the blended monetary kingdom, which means which is ready in XRBL (Extensible business reporting system). This is filed via Form AOCÂ 4
Annual Return:Â This needs to be filed following Section 92 of the Companies Act.2013 read with the Rule eleven(1) of the Companies (Management and Administration) Rules,2014. The Annual return contains the records approximately the administrators and shareholders and is needed to be filed in Form MGT7 with the relevant ROC.
Financial and Director’s Report: Adoption to the economic and director’s record is to be achieved in consonance with Section 173 of the Companies Act read with the Secretarial widespread 1. The submitting is done via form MGT 14.
Income Tax Returns:Â This is to be filed with the Tax branch in form ITR 6 on or earlier than September thirtieth of the financial year
Secretarial Audit Report:Â Submission of the Secretarial report is a demand underneath Section 204 of the Companies Act,2013 examine with Rule nine of the Companies Rules,2014. The secretarial file must be submitted best while the Company’s general paid-up capital is same to or crosses Rs. 50 crores or the annual turnover is same to or exceeds INR 50 crores or the once a year turnover is exceeding Rs.250 crores. This filing did through Form MR 3
Other compliances:Â These include the policies and rules which might be laid down by means of SEBI. The listed Companies should observe the regulations of 2015.
*Account Opening: We just assist you in opening Current Account in one of our partner’s bank.
No Late Fee
It has been observed that numerous small businesses incur significant penalties every year for late filing of various statutory returns to the Government. These penalties are non-tax-deductible and can adversely affect the profitability of these enterprises. At Kanoons, our primary objective is to offer cost-effective services to our clients and assist them in avoiding any late fees. In line with our commitment, we have developed cutting-edge technology that enables businesses to stay ahead of compliance requirements and prevent any penalties. Explore our range of compliance services below to ensure smooth and hassle-free operations.
FAQ
What is Included In Our Public Limited Registration Package?
DPIN for 3 Directors
Digital Signature For 3 Directors
Name search & acceptance
MOA/AOA
ROC registration Charges
Business Pan Card
How many people are required to incorporate a Limited Company?
To incorporate a Limited Company, a minimum of seven individuals are necessary. A Limited Company has to have a minimum of 3 Directors and 7 shareholders.
What is the capital required to start a Limited Company?
It’s possible to initiate a Limited Company with almost any quantity of capital. But, the fee has to be paid into the Government for devoting a minimum of stocks worth Rs.5 lakhs [Authorized Capital Fee] throughout the incorporation of the organization. There’s not any need to demonstrate evidence of funds invested during the incorporation procedure.
Is an office required for starting a Limited Company?
An address in India at which the registered office of the business will be located is required. The place might be commercial / industrial / residential at which communicating from the MCA is going to be obtained.
Do I have to be present in person to incorporate a Limited Company?
No, you won’t need to be present in our workplace or look at any given workplace for the incorporation of a Limited Company. Each of the files could be scanned and sent via email to our office. Some files will also need to be couriered to our office.
What are the documents required for incorporation?
Identity evidence and address evidence are required for all the suggested Directors of the firm. PAN Card is compulsory for Indian Nationals. Additionally, the landlord of their registered office assumptions must offer a No Objection Certificate for getting the registered office inside their assumptions and has to submit their identity evidence and address evidence.
How long will it take to incorporate a Company?
Kanoons.com may incorporate a Limited Business for in 14-20 days. The time required for incorporation will be dependent on submission of related documents by the customer and rate of Government Approvals. To ensure speedy incorporation, then please select a special name to your organization and make certain you have all of the required files before beginning the incorporation procedure.
How long is the incorporation of the Company valid for?
After a Company is incorporated, it is going to be busy and in-existence so long as the yearly compliances are satisfied with frequently. In the event, annual compliance aren’t complied with, the business will develop into a Dormant business and possibly struck from the register after a time period. A struck-off company may be restored for a period of up to 20 years.
What is Director Identification Number (DIN)?
Director Identification Number is an exceptional identification number assigned to all present and proposed Directors of a business. It’s compulsory for all proposed or present Directors to have a Director Identification Number. Director Identification Number never expires and a individual can have just 1 Director Identification Number.
What is authorized capital fee?
Licensed capital of a provider is the number of shares a company may issue for this shareholders. Companies need to pay the Government an authorized capital fee to issue shares in an organization. Companies need to pay licensed capital fee for at least Rs.5 lakhs.
What are the statutory compliances required for a Limited Company?
A limited company must hold a Board Meeting atleast once in each 3 months. Besides this Board Meetings, an yearly General Meeting must be run from the Private Limited Company, atleast once each year.
Can NRIs / Foreign Nationals be a Director in a Limited Company?
Yes, Even an NRI or Foreign National Could be a Director in a Limited Business after Acquiring Director Identification Number. But, atleast one Director on the Board of Directors Have to Be a Resident Indian.
Can NRIs / Foreigners hold shares of a Limited Company?
Yes, NRIs / Foreign Nationals / Foreign Companies can hold Stocks of a Limited Company subject to Foreign Direct Investment (FDI) Guidelines
What are FDI Guidelines for Foreigners in a Limited Company?
100% Foreign Direct Investment is Permitted in India in Lots of the Businesses under the Automatic Route. Underneath the Automatic Route, just a post-investment submitting is required together with the RBI signaling the essence of investment created. There are a couple of businesses that need prior approval from the RBI, in these situations, approval must first be obtained from RBI before investment.
Is audit required for a Partnership firm?
It’s not essential for Partnerships to prepare audited financial statements every year. But a tax audit can be required based on turnover as well as other criterion.
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