Start your Startup journey by registering your company with KNAP Advisory for only 11,999. (govt fees extra). You may initiate the procedure for just 5,999!
In India, the most appropriate entity for large-scale company is a Public Limited Company. Public Company Registration is strongly suggested when starting a business that requires more capital. Public limited company in India is carefully regulated by the Companies Act, 2013, to ensure transparency between the company and its shareholders.
In India, a public limited company sells shares to the general public in order to raise capital. The formation of a public business is not difficult because it is currently done online. The government maintains a flexible structure for large-scale companies. To generate funds through an initial public offering of shares, public companies can be listed on the stock exchange.
It is a separate legal entity from its members. A public company must have at least seven shareholders. Before registering as a Public Limited Company, you should also be aware of the benefits and statutory requirements.
Public Limited Company Registration is recommended for getting tax benefits, limited liability and funding opportunities. KNAP Advisory, a leading legal consultant comes up with a quick Online Public Company Registration services in India in just three simple steps:-
We en sure complete customer satisfaction and on-time service delivery through qualified corporate personnel and Chartered Accountants. The entire process is managed online with improved help.
The key difference between Public limited company and Private Limited Company are as follows:
|S.No.||Criteria||Public Limited Company||Private Limited Company|
|1||Shareholders||Minimum - Seven (7) shareholders Maximum – No Limit||Minimum – Two (2) shareholders Maximum – 200|
|2||Directors||Minimum three (3) directors||Minimum two (2) directors|
|3||Director’s remuneration||Restriction on director’s remuneration||No Restriction on director’s remuneration|
|4||Compliance||Stringent Compliances||Less Stringent as compared to Public Limited Company|
|5||Startup benefits||Not available||Available, subject to conditions|
The Ministry of Corporate Affairs governs the online company registration process by enforcing specific legal norms and regulations. You only need to supply our experienced team with the necessary documents/details for company registration. Our skilled team will handle the entire company registration process.
According to the Companies Act of 2013, several rules and conditions must be completed in order to register a company in India.
A Unique Name :- Your company's name should be unique. The name must not be same to the name of any existing company or registered trademark.
Three Directors :- In India, a Public Limited Company must have at least three and no more than fifteen directors. One of the directors of a public limited company must be an Indian citizen.
Minimum capital required :- You can form a public business with as little as Rs.7, although it is suggested that you have enough share capital to get the company started.
Registered Office:- The registered place of the company can be commercial or residential; it can be owned or rented property. If the property is rented, a NOC is necessary.
Mandatory documents which are required to register a company in India are identity proofs of proposed Directors and address proofs. Below is the list of documents accepted by MCA for online registration of the company in India.
Note:- Foreign nationals must have a translated and notarized copy of their passport. Residence documentation, such as utility bills and bank statements, should be no more than two months old. All of the documents listed above must be self-attested.
For Public Limited Company Registration in India, the Company should have registered offices in India, that can be residential and commercial as well. You need to submit the documents listed below:-
Yes, you can use the RUN (Reserve Unique Name) function at the MCA portal to reserve a company name online.
In case of
● 1 director for One-person company
● 2 directors for Private limited company
● 3 directors required for Public limited company
● 5 directors required for Producer company
Note: Every company must have at least one director who spends at least 182 days in India during the financial year.
The minimum capital requirement at the time of registration is
● Rs.1 for One Person Company
● Rs.2 for Private Limited Company
● Rs.7 for Public Limited Company
Note:- It is advised that the company have adequate share capital to get it through its earliest stages.
No, all processes are carried out online. You can share the necessary documents and information for the company registration process through e-mail.
With the help of knapadvisory.com, you may get company approval in just five working days from the date of name approval.
It is entirely depending on the size of the company. Contact our knowledgeable staff at - 93119-72982 or 95994-06069.
Yes, an NRI or a foreigner can be appointed as a director of a Private Limited Company. They must obtain DIN from Indian ROC.
Yes, you can register your company with a home address. You must submit a NOC
Yes, you can add a family member as a director or a member. You can also adjust the company's directorship/shareholding in the future.
Anyone above the age of 18 can become a company's director.
It is mandatory for those whose annual turnover surpasses 40 lakhs in the case of goods and 20 lakhs in the case of services.
Yes, you can be a director as well as a shareholder in your company
A maximum of 15 directors can be appointed as directors. In an exception, you can appoint more than 15 directors if 3/4 of the shareholders agree.
The maximum number of shares that a company can issue. It is recommended not to keep needless high authorised capital authorized capital in your company because it may be altered in the future.
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We have been especially crucial in ensuring startups are compliant with India's complex legal structure. We accept responsibility and obligation on behalf of the business owners and co-founders for adhering to all legal requirements. We strive to deliver a wide range of quick, effective, and compliance-focused services to any company or individual with a startup mentality. We are abide by our motto:- We Care, We Deliver, We Honor.