Public Limited Company Registration
At Tax Pal Solutions
Public Limited Company (PLC) registration in India is a powerful way to scale your business and raise capital from the general public. At Tax Pal Solutions, we simplify the entire process by ensuring legal compliance, proper documentation, and expert guidance—so you can focus on building your company while we handle the complexities.
Key Highlights of Our Service
- Assistance with Name Approval & DIN
- Support for DSC & Drafting of MOA & AOA
- Direct coordination with ROC & MCA officials
- End-to-end help with documentation & filing
- Expert guidance on capital requirements & compliance
Comparison: Public Limited vs Private Limited Company
| Feature | Private Limited Company (Pvt Ltd) | Public Limited Company (PLC) |
|---|---|---|
| Minimum Members | 2 | 7 |
| Maximum Members | 200 | No upper limit |
| Minimum Directors | 2 | 3 |
| Share Transferability | Restricted | Freely transferable |
| Public Subscription | Not allowed | Allowed |
| Issue of Prospectus | Not applicable | Mandatory |
| Stock Exchange Listing | Cannot be listed | Can be listed (BSE/NSE) |
| Compliance | Less stringent | Highly stringent |
| Capital Access | Limited to private sources | Wider access via public & institutions |
What is a Public Limited Company?
A Public Limited Company (PLC) is a corporate structure that allows its shares to be owned and traded by the general public. It offers limited liability protection, easier fundraising, and enhanced credibility, making it ideal for businesses with ambitious growth plans.
Advantages of Public Limited Company
- Access to Capital: Raise funds from the general public and institutional investors.
- Limited Liability: Protects shareholders’ personal assets.
- Enhanced Credibility: Public trust and better business reputation.
- Share Transferability: Shares can be easily bought/sold on the stock exchange.
- Attract Top Talent: Offer ESOPs to employees as part of growth incentives.
Eligibility Criteria
To register a PLC in India, you need:
- Minimum 7 shareholders
- Minimum 3 directors (with DIN)
- At least one director with a Digital Signature Certificate (DSC)
- A registered office address in India
- Unique name approval from MCA
Documents Required
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Identity proof (Aadhar, PAN, Voter ID) of directors & shareholders
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Address proof (Utility bills, Passport, DL)
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Registered office address proof & NOC from landlord
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Memorandum of Association (MoA) & Articles of Association (AoA)
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Digital Signature Certificates (DSC)
Step-by-Step Registration Process
- Obtain DSC for directors
- Apply for DIN
- Check & reserve company name
- File SPICe+ form with MoA & AoA
- Get Certificate of Incorporation from ROC
- Apply for PAN & TAN
- Open a company bank account
Fees & Compliance
- Government Fees: Varies by authorized share capital & state stamp duty
- Professional Fees: Includes drafting, legal, and expert assistance
- Penalties: Heavy fines for non-compliance with annual filings & disclosures
Why Choose Tax Pal Solutions?
- 500+ MCA-Certified Experts
- 10,000+ Positive Client Reviews
- 2500+ Monthly Onboardings
- Serving businesses all across India
Certificate of Incorporation
Once registered, you’ll receive a Certificate of Incorporation, which serves as:
- Proof of legal existence
- Authority to open bank accounts
- Eligibility to raise funds
- Conclusive evidence of compliance
Certification
