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Plan Basic

Basic

₹16899 + 18% GST

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Registration of Public Limited company

CIN

Current account opening in the nearest branch

MCA processing

Spice + Part A

Spice +Part B

Allotment of 3 DIN

MOA & AOA Drafting

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Plan Standard

Standard

₹16899 + 18% GST

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Registration of Public Limited company

CIN

Current account opening in the nearest branch

MCA processing

Spice + Part A

Spice +Part B

Allotment of 3 DIN

MOA & AOA Drafting

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Plan Premium

Premium

₹16899 + 18% GST

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Registration of Public Limited company

CIN

Current account opening in the nearest branch

MCA processing

Spice + Part A

Spice +Part B

Allotment of 3 DIN

MOA & AOA Drafting

Get Premium

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All you need to know about Public Limted Company Registration

A Public Limited Company (PLC) is a company registered under the Companies Act, 2013, which is allowed to offer its shares to the general public through a stock exchange (if listed) or otherwise. It is a separate legal entity, distinct from its shareholders, and can raise capital from the public, making it ideal for large businesses aiming for expansion and diversification.

This structure is suitable for large-scale enterprises seeking to raise significant capital and enhance their market presence. However, public companies are subject to stricter regulatory requirements, transparency norms, and more complex compliance compared to private limited companies or LLPs.

Taxbizlegal.com is a trusted platform that provides end-to-end services for Public Limited Company registration, including incorporation, compliance, advisory, and consultancy. The process is quick, affordable, and simple. Additionally, we offer services for Partnership Registration, LLP Incorporation, One Person Company registration, and more. Contact us for a free consultation at info@taxbizlegal.com or call our compliance manager at 9403892279.

Advantages of Public Limited Company

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Access to Public Capital

Can raise funds from the public via shares, debentures, or public deposits.

Limited Liability

Shareholders are liable only up to their shareholding; personal assets are protected.

Separate Legal Entity

Distinct from its members, the company can own property, sue, or be sued.

Transferability of Shares

Shares are freely transferable (especially if listed).

Perpetual Succession

Company continues to exist regardless of changes in ownership or management.

Credibility & Transparency

High public trust due to regulatory compliance and disclosures.

Key Features of a Public Limited Company

Legal Status

A public limited company is recognized as a distinct legal entity under the Companies Act, 2013. It enjoys independent legal standing, which means it can own property, sue, or be sued in its own name—separate from its shareholders and directors.

This separation provides long-term sustainability and enhanced operational autonomy, giving investors and stakeholders more confidence in its structure and regulations.

Shareholding & Directorship

A minimum of 7 shareholders and 3 directors are required to form a public limited company. There is no cap on the maximum number of shareholders, allowing widespread ownership and investment opportunities.

At least one director must be a resident of India, ensuring domestic representation and compliance with local regulatory norms under Indian corporate law.

Fundraising & Compliance

Public limited companies can raise capital from the general public by issuing shares or debentures. They can also choose to list on stock exchanges like NSE or BSE after fulfilling SEBI criteria.

Once listed, they must comply with stringent regulatory requirements, including quarterly and annual disclosures, ensuring transparency, accountability, and public trust.

Documents Required for Registering Your Public Ltd. Company

01.

PAN, Aadhaar

02.

Address proof: Utility bills or bank statements

03.

Passport-size photos

04.

Proof of registered office

05.

No Objection Certificate / NOC

06.

Passport (for foreign nationals) of directors/shareholders

Annual Compliance for Public Limited Company

Why Compliance Matters

For a public limited company, compliance plays a crucial role in maintaining transparency, building investor confidence, and ensuring smooth regulatory oversight. Adhering to non-ROC business compliances also prevents legal issues and promotes business continuity.

Other Non-ROC Business Compliances

TDS Deduction & Timely Payment Quarterly TDS Return Filing GST Payment & Filing (if registered) Advance Tax Payment (if applicable) Income Tax Return Filing (ITR-6) Filing of Tax Audit Report
Get Help with Compliance Get Help with Compliance

Financial Statements

Form AOC-4 must be filed within 30 days from the date of the AGM.

Annual Return

Form MGT-7 to be filed within 60 days from the AGM date.

Annual General Meeting (AGM)

Must be held within 6 months from the end of the financial year.

Board Meetings

Minimum of 4 board meetings must be conducted every year.

Auditor’s Appointment

Form ADT-1 must be filed within 15 days of the AGM.

Income Tax Return

Form ITR-6 is to be filed by 30th September (if audited).

Frequently Asked Questions

Yes. The minimum requirement is 7 shareholders and 3 directors. There's no cap on the maximum number of shareholders.

Yes, it can raise funds through public offerings (IPO/FPO), private placements, or rights issues—but only after complying with SEBI and stock exchange requirements.

Feature Private Limited Public Limited
Shareholders 2–200 Minimum 7, no maximum
Share Transfer Restricted Freely transferable
Public Fundraising Not allowed Allowed via stock exchange
Listing Not listed Can be listed
Compliance Moderate High

Yes, subject to shareholder approval and approval from the Registrar of Companies (ROC) and, if listed, from SEBI and the stock exchange.

Yes. Foreign nationals and foreign entities can be shareholders or directors, subject to FDI norms. Directors must have valid DIN and certified documents.

Yes, all public limited companies must appoint a statutory auditor and get their financial statements audited annually.

Yes, via voluntary winding up, NCLT order, or Fast Track Exit (for inactive companies), following clearance of debts and filing of final returns.

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