Public Limited Company Registration in Delhi
Public Limited Company Registration in Delhi is a good option for businesses that want to raise funds from the public and create strong trust in the market. A public limited company can issue shares to the public, get listed on stock exchanges, and operate on a large business scale. This structure is suitable for companies planning long-term growth, transparency, and strong investor confidence.
The registration process must follow the Companies Act, 2013, and requires approval from the Ministry of Corporate Affairs (MCA). It includes company name approval, obtaining director identification numbers, digital signatures, and filing incorporation documents. While compliance requirements are higher than a private limited company, the benefits are also greater. With professional support, Public Limited Company Registration becomes easy, accurate, and time-saving, helping businesses grow smoothly at a national or international level.
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What Is a Public Limited Company?
A Public Limited Company is a business entity that allows shares to be offered to the general public. It is governed by strict legal and financial regulations to ensure transparency and investor protection. This structure is commonly chosen by large businesses and enterprises aiming to raise capital from multiple investors.
- Minimum 7 shareholders required
- Minimum 3 directors needed
- Must follow strict legal and regulatory rules, including conducting Annual General Meetings (AGMs), publishing financial statements, and meeting ongoing compliance requirements.
- Can raise capital from the general public by issuing shares, along with mandatory statutory audits and regular disclosures.
- Provides limited liability to shareholders, meaning their financial responsibility is limited only to the value of their shareholding.
Public limited companies are required to adhere to strict corporate governance standards, publish their financial statements, and hold annual general meetings. These rules increase trust among investors, lenders, and government authorities.
Eligibility Criteria for Public Limited Company Registration Services in Delhi
According to the Companies Act, 2013, specific conditions must be met to register a Public Limited Company in Delhi. Some of the key requirements are explained below.
- The company must have a minimum of three directors, and at least one director must be a resident of India, meaning the person has stayed in India for 182 days or more in the previous financial year.
- There must be at least 7 shareholders to form a public limited company. There is no maximum limit on shareholders, and directors are allowed to be shareholders as well.
- All directors must obtain a Director Identification Number (DIN) issued by the Ministry of Corporate Affairs, which is mandatory for acting as a company director.
- Each director must also have a Digital Signature Certificate (DSC) to digitally sign incorporation forms and statutory documents filed online.
- The proposed company name must be unique and should not be identical or similar to existing company or trademark names. It must comply with the naming rules prescribed by the Registrar of Companies (ROC).
- The company must have a registered office address in India, which will be used for receiving all official, legal, and government communications.
Documents Required for Public Limited Company Registration Near You
Below is the list of documents required to register a public limited company in Delhi:
- Pan Card of everyone
- Identity Proof (Aadhar card, passport, voter ID)
- Address Proof (Aadhar card, passport, voter ID)
- Rent Agreement
- Office address proof (Electricity bill, broadband bill, or rent agreement)
- No Objection Certificate (NOC) if the office is in a rented place
- Aadhar card of everyone
- A passport-sized photo of everyone
- Electricity Bill for the current month
- Bank Statement of the current month
Company Documents:
- Registered office address proof
- NOC from property owner
- MOA and AOA
- Digital Signature Certificate
Accurate documentation helps in quick MCA approval and avoids unnecessary resubmissions.
Benefits of Public Limited Company Registration in Delhi
Here are some of the benefits of having a public limited company in Delhi
Limited Liability Protection:Shareholders enjoy limited liability, which means their personal assets are protected. They are only responsible for the amount they have invested or agreed to contribute to the company’s share capital.
Access to More Capital:A public limited company can raise large funds by issuing shares to the public, venture capitalists, and institutional investors. This helps in business expansion, acquisitions, research, and long-term growth.
Easy Transfer of Shares:Shares of a public limited company can be easily transferred through stock exchanges or private transfers. This allows shareholders to exit, diversify investments, or bring in new investors smoothly.
Higher Business Credibility:Public limited companies in Delhi enjoy strong credibility and public trust due to strict regulatory compliance, transparent operations, and regular disclosures.
Ability to Enter Contracts Independently: A public limited company has a separate legal identity. It can enter into contracts in its own name, making it easier to sign large agreements, form partnerships, and deal with clients and suppliers.
Tax Benefits and Incentives:Public limited companies are eligible for various tax benefits, including deductions on business expenses, depreciation on assets, export incentives, and government schemes. Corporate tax rates are also competitive, supporting long-term profitability.
Step-by-Step Process of Public Limited Company Registration in Delhi
The registration process involves multiple legal steps and government approvals.
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1
Obtain Digital Signature Certificate (DSC)
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2
Apply for Director Identification Number (DIN)
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3
Name approval through the RUN service
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4
Draft MOA and AOA
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5
File incorporation forms with MCA
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6
Receive Certificate of Incorporation
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7
Apply for PAN, TAN, and a bank account
