Public Limited Company Registration
Ideal for raising capital from the market
For medium and large-sized business
Simple & Secure Online Process
Dedicated Professional
Get Registration in 7-10 Days
Get Post Incorporation Assistance
Introduction of Public Limited Company
A Public Limited Company assures the limited liability to its Members and Owners. The major advantage of incorporating this type of entity is that a Public Limited Company is freely allowed to raise funds from public by following certain norms and regulations and results beneficial in raising capital. Though the regulatory requirements are much more strict than the Private Limited Company .
Here, it can be formed with seven Members and three Directors with no minimum capital requirements. It is beneficial to establish such Company when the investors are large in size and involves public at large. The shares of this type of entity are freely transferable in the market. It enjoys the basic features and advantages as granted by the Companies Act, 2013 such as Separate Legal Entity and Limited Liability.
Compliance Sagar has team of experts providing you the best assistance, timely delivery and guaranteeing the highest customer satisfaction with respect to Company formation process. You may get in touch with our team on +91 90797 59095 or email cssunil93@gmail.com for Public Limited company registration and Compliance services
Advantages of Public Limited Company Registration in Rajasthan
Medium for preferred Investments
While investing, an investor prefers in dealing widely in the market and hence it open doors for the Public Limited Company to attract more funds from the market as their shares are freely transferable.
Limited Liability
It is the most preferred entity by the investors also as it provides an opportunity to raise money through Banks, Foreign Investors, Venture Capitalist and the Angel Investors etc.
Limited Liability
As the Company is a separate legal entity its Liability is limited to an extent of its Share Capital or the guarantee provided. The Company's obligation does not create any right over the Owner's personal assets.
Perpetual Existence
A Company has a perpetual existence, once it is registered lives forever until and unless it is not winded up by the Promoters or the Government.
Minimum Requirements
Documents Required for Public Limited Company Registration in Rajasthan
PAN Card of the Member and Directors of the proposed Company, Passport in case of Foreign Nationals
Identity Proof of the Member and Directors of the proposed Company (Aadhar /Voter ID/Driving License/Passport)
Address Proof of the Members and Directors (Utility Bill/Telephone Bill/Mobile Bill/Bank Statement not older than two months)
Latest passport size photograph of Member and Directors
Business Address Proof Owned Property : Copy of Registry and Latest Govt. Electricity Bill or Water Bill
Business Address Proof Rented/leased: Rent Agreement, NOC from the Owner, Latest Govt. Electricity Bill or Water Bill
Note:- In case of NRI or Foreign National documents of Directors and Subscribers must be notarized or apostilled .
Process of Incorporation of Public Limited Company
Pricing Public Limited Company Registration in Rajasthan
Regular
- 7 Digital Signature Certificates
- 3 Director Identification Numbers
- 1 Name Approval Application under SPICe+
- Stamp duty on INR 5 Lakh Authorized Capital (Rajasthan)
- Company Incorporation using SPICe+
- MOA & AOA
- PAN & TAN
- GST Registration
- ESI and PF Registration
- Bank Account Open
- INC 20A Commencement of Business Certificate
- Free consultancy by expert CA for 6 months
Supreme
- 7 Digital Signature Certificates
- 3 Director Identification Numbers
- 1 Name Approval Application under SPICe+
- Stamp duty on INR 5 Lakh Authorized Capital (Rajasthan)
- Company Incorporation using SPICe+
- MOA & AOA
- PAN & TAN
- SSI/MSME Registration
- Trademark (1 application 1 class) (startups, proprietorship & small business)
- ISO Certificate ( QMS 9001:2015 )
- 25 Copies of MOA & AOA
- Share Certificate & Company Seal
- ESI PF Registration
- Bank A/c Open
- GST Registration
- INC 20A Commencement of Business Certificate
- Import Export Code ( IEC )
- Free Consultancy by expert CA for next 1 year
More Insights on Public Limited Company Registration
How to Select the Name of Company
- You can check Company name availability thereby logging into MCA where you need to keep in mind two or three available options along with the activity type. Our team will assist you in the selection of name of company.
- Also, along with checking the name availability we also need to check the trademark if already registered under the proposed name which makes the online application for registration more powerful. If you want to have a trademark of your word or logo you can get the same through Compliance Sagar by clicking on the below mentioned link Trademark Registration
Other Key Points
- If the proposed Director is already having the DIN then you can also check whether DIR-3 KYC iscompleted. You can verify the same with the help of our experts. If the same is not done yet, it can be done with help of Compliance Sagar.
- The Public limited company is required to manage all the compliances after incorporation of the company like appointment of statutory auditor, filing commencement of business, Income Tax Filing, Annual Returns with ROC and other compliances as required by the law. Compliance Sagar has a team of experts who keeps an eye on the due dates of your compliances and reminds you through mails.
Income Tax Rate for Public Limited Companies for F.Y. 2023-24
Domestic Company Turnover > Rs. 400 Cr
Net Taxable Income | Income Tax Rate | Surcharge | Health & Education Cess |
Upto 1 crore | 30% | Nil | 4% |
Above 1 crore but upto 10 crore | 30,00,000+ 30% | 7% | 4% |
Above 10 crore | 3,00,00,000+ 30% | 12% | 4% |
Domestic Company Turnover < Rs. 400 Cr
Net Taxable Income | Income Tax Rate | Surcharge | Health & Education Cess |
Upto 1 crore | 25% | Nil | 4% |
Above 1 crore but upto 10 crore | 25,00,000+ 25% | 7% | 4% |
Above 10 crore | 2,50,00,000+ 25% | 12% | 4% |
Choose the right entity type after comparing different business structures
Basis | Private Limited Company | Public Limited Company | One Person Company | Limited Liability Partnership | Partnership Firm | Proprietorship Firm |
---|---|---|---|---|---|---|
Registration Requirement | Companies Act, 2013 | Companies Act, 2013 | Companies Act, 2013 | LLP Act, 2008 | Registered/Unregistered | No Specific Criteria |
Number of members | 2 – 200 | 7-∞ | Only 1 | Unlimited | 2 -50 partners | Only 1 |
Number of Director | 2-15 | 3-15 | Only 1 | 2 designated partners | NA | NA |
Naming of Entity | Unique | Unique | Unique | Unique | No Guidelines | No Guidelines |
Capital Requirement | Zero | Zero | Zero* | Zero | Zero | Zero |
Liability of Entities | Limited | Limited | Limited | Limited | Unlimited | Unlimited |
Foreign Investment | Eligible | Eligible | Not Eligible | Eligible | Not Allowed | Not Allowed |
Statutory Audit | Mandatory | Mandatory | Mandatory | Mandatory | Not Required | Not Required |
Compliance Level | Annual Compliance | Annual Compliance | Annual Compliance | Annual Compliance | Less Compliance | Zero Compliance |
Tax Rate | 22% | 22% | 22% | 30% | 30% | Individual Tax Rate |
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