Public Limited Company

Register Public Limited Company

Thinking of Ocean Investors? Have an idea of raising your business capital? Still finding a way in which you can be mentored? The boss is here. One Point Compliance LLP will help you to register your company under Public Limited service which can allow you to invite the public to invest in your firm.

This is the best possible way for your company to get the prestigious profile and also a greater chance of access to freely sell and trade your share with the public. It is for you to expand your stringent capital and develop your confidence In your business model and structure.

There is a minimum share capital with which you can incorporate PLC and the registration turn out to be simple with One point Compliance. The brownie point of Public Limited Company is you enjoy all the advantages of the Private Limited Company as well.

Public Limited Company

Funding and capital investment is not the only concept of PLC, more than that there is an increasing value of credibility organically. The expansion of your company has a wide range of new market and ventures.

PLC generally has two limitations with their shareholders

  • Shareholders are liable to lose only for what they invest and not for any other further loss made by the company
  • Shareholders are not liable for any allegations or debt of the company unless they are board members.

The company is subjected to have a minimum of three members as directors for the establishment. Other than which minimum seven members are required to start the firm and it does not have any maximum limitations since the company shall offer its share to the public. The “must-have” documents for all the directors and the shareholders will be only the PAN Card and Address proof. While the main authorities must submit the Office address proof and Incorporation documents.

The company or the owner shall not withdraw unless every partner has decided to dissolve it. Unless which they can enjoy, own and acquire all the possible benefits provided by the company.

Bank Account: The owners should start a bank account in the company or firm name.

Business license: The Company should have a registered Office. To prove that you are running the company in a particular place, you must submit a recent copy of electricity bill or water tax bill. The legal agreement signed with your landlord or a deed related in partnering for space shall also be an additional proof of the documentation.

Tax registration: (GST Registration)

From 1st July 2017, the government of India imposed the GST on all the businesses. GST is basically a uniform tax which replaces the various taxes like Service Tax | VAT/CST Registration or TIN Number etc.

Depending on the yearly turnover, getting registered under GST has become mandatory. With a yearly turnover of more than 20Lakhs (10 lakhs for northeastern states) the companies are required to register for GST.

Documents Required for GST registration:

1 Aadhar Card Copy

2 Pan Card Copy

3 Personal Bank Statement Copy/Cancelled Cheque

4 Copy of Electricity Bill of owner's office or business premises.

5 Passport Size Photograph


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Why Have A Public Limited Company

Accessibility

Even though you might have a lot of investors for this company, you may access the network very easily.

Sharing is a business

It is very easy to transfer the shares in the company by just filling the transfer share incorporation documents.

Financial Opportunities

PLC allows you to call for the public investments. The banks and other financial institutions will also be supporting your loans and negotiate favorable interest.

Expansion

It helps you to expand and grow organically by obtaining new projects and starting out new ventures.

Most Competitive Pricing


Documents Required for GST registration:-

# 1 Aadhar Card Copy

# 2 Pan Card Copy

# 3 Personal Bank Statement Copy/Cancelled Cheque

# 4 Copy of Electricity Bill of owner’s office or business premises.

#5 Passport Size Photograph


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How Can We Help

One Point Compliance LLPis a trusted name for all legal and regulatory services. We have defined our services to fit clients from all walks of life. Whether you are an entrepreneur or an established businessman, our services literally make law easy for you.


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If you are confused and looking for answers for questions related to business registration, tax filing or compliance, we are here to help.

Just reach us and we are sure to provide you with ample legal services.




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