PUBLIC COMPANYREGISTRATION

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Private Company Registration

What is Public Company Registration?

Public limited company is a public company that owns the legal status of any firm and offers the share to the general public. These will be the members, and the people will have a limited amount of company share. They are also known as publicly held companies. When a company turns out to be a public limited company, it will be owned by multiple people. The shareholders are responsible for each and everything. A company needs 3 directors and 7 shareholders at a minimum, and then they can seek public company registration.

Public company registration gives them the legal right to distribute their share across the public and earn benefits.

Public company registration process in India:

Step 1: Select the name of the company:

The primary step is to choose the best name for your company. Make sure to finalize a brand name, and that must be a legal name in consultation. After finalizing the name, check out the availability on the Ministry of Corporate Affairs website. When you are done with checking out, and it is available, you can get it.

Step 2: Digital Signature Certificate (DSC)

Digital signature certificate is important, and all the directors of the private limited company need to get it. After getting the same, they can file the online company registration application. Also, these are in use for signing up the ROC Compliance E-forms along with any income tax returns in the future. If the digital signature certificate is not there, then completing the process for registration will be terminated.

Step 3: Director Identification Number (DIN)

Director identification number is especially issued to that person who is ready to be the director of the company. It will be made in the SPICe form at the time of incorporation. It doesn't matter whether a single person wishes to be the director or more, the director identification number will be unique for each one of them.

Step 4: Registration on the MCA portal:

Name approval is an important step. File out the application in the prescribed form Reserve Unique Name (RUN) with the ministry of corporate affairs and wait for the verification. After the approval, you are ready for the final submission.

Step 5: Certificate of incorporation

After the name approval, do the KYC and present all the prescribed documents from directors and shareholders. Submit out the SPICe form to MCA and get the certificate of registration. It will be issued along with PAN and TAN. Make sure to check out the new form known AGILE as it is accompanied by the other form. After submission of the AGILE form, the registration will be issued with respect To the Employees Provident Fund Organisation, Employees State Insurance Corporation, and GST of the company. Come to us immediately if you want your company to be a registered one. At LEGAL TIMES, we are helping you in seeking the registration seamlessly without any trouble.

Step 6: Bank Account

Open your bank Account and Launch your business.

Benefits

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Requirements

Minimum three directors
Minimum seven shareholders
At least one director should be from India
no capital requirement

Documents Required

PAN CARD

Need Pan Card of all Shareholders and Directors, Foreign Directors must be required a valid Passport with validated or apostilled

PHOTOGRAPH

Updated Passport size photos of all Participators / Shareholders and Directors.

IDENTITY PROOF

Need identity proof: - Aadhar Card/ Voter ID/Passport/ Driving License of all Shareholders and Directors.

ADDRESS PROOF

Updated Electricity Bill/ Telephone Bill / Bank Account Statement of all Shareholders & Directors.

FOR REGISTERED OFFICE

Rent agreement

Valid Rent agreement, Utility bills:- telephone bill, electricity bill, and municipal (It should be last 2 Months) NOC From Owner.

NOC From Owner.

Post Company Registration Requirements?

Once the Company registration is completed, you have to take the necessary steps in order to make a strong presence in the industry.

Mandatory Compliances

GST Registration

Trademark/Patent Registration

Get a free consultation for Private Limited Company registration by scheduling an appointment with Legal Time.

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