A limited company grants limited liability to its owners and management. Being a public company allows a firm to sell shares to investors this is beneficial in raising capital. A minimum of three Directors are required for establishing a Public Limited Company and it has more stringent regulatory requirements compared to a Private Limited Company. Public Limited Companies are those types of companies where minimum number of members is seven and there is no cap on the maximum number of members. A public limited company has most of the characteristics of a private limited company. A public limited company has all the advantages of private limited company and the ability to have any number of members, ease in transfer of shareholding and more transparency. Identifying marks of a public limited company are name, number of members, shares, formation, management, directors and meetings, etc.
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We incorporate companies using the recently introduced INC 29 form. This is the fastest way to register companies in India. Average registration time is 8-15 Working days.
Public Limited Company Incorporation
Venture-Care can incorporate a Public Limited Company in 14 to 20 days, subject to ROC processing time.
Obtaining DSC & DIN
Digital Signature Certificate (DSC) and Director Identification Number (DIN) are required for the proposed Directors of the Private Limited Company. DIN and DSC can be obtained for the proposed Directors within 5 to 7 days.
A minimum of one and a maximum of six proposed names must be submitted to the MCA. Subject to availability, naming guidelines and MCA processing time, Name Approval can be obtained in 5 to 7 working days.
Incorporation documents can be submitted to the MCA along with an application for incorporation. MCA will usually approve the application for incorporation in 5 to 7 days, subject to their processing time.
"Scanned Copy of the Following Documents has to be Provided by the Promoters of the Company"
With New form INC 29 the total time to register a Private Limited company is 8-15 working days.
Yes, the company incorporation process is online. You can email / upload us the required documents.
Yes, however a person needs to appoint an alternative director on behalf of that investing company.
First ensure the name is not similar to any other Private limited, OPC, LLP or Public limited company. Also, do check if the name is not a registered trademark taken by anybody under the IP act. Also, make sure the name is not too generic to be accepted by the ROC land also, try not to use abbreviations, adjectives. While choosing the name make sure that name should contain the objective of the business like if the objective is I then word is Technogy, technosoft, IT consultancy.
Yes, an NRI or Foreign National can be a Partner after obtaining a DPIN. At least, one of the partners has to be a resident Indian citizen.
The documents requirements are as follows:
For Directors / Members
• Pan Card
• ID proof- Any one (Voter ID/Aadhar Card/Driving License/Passport)
• Address Proof- Any one(Electricity Bill/Telephone Bill/Mobile Bill/Bank Statement).
Yes, a salaried person can be a director, there are no legal bondages in this but you may have to go through with your employment agreement if it contains any restrictions on doing so.
Once a Public Limited is incorporated, it will be active and in-existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the Company will become a Dormant Company and maybe struck off from the register after a period of time. A struck-off Company can be revived for a period of upto 20 years.
No. You can open a company on your residential address there is no requirement to have a commercial place to open up a company.
For Registered Office Address
• Rent agreement along with latest rent receipt (in case the premises are rented)
• House tax receipts (in case premises are owned)
• Electricity bill
• NOC from the Owner (Format will be shared once your company name approved).