Public Limited Company
Public Limited Company is extended version of Private Limited; where the business can have better excess to capital and also provide liquidity to shareholding trading on a stock exchange. So; Start your Public Limited with GrowBizz today and get complete registration within 3-7 working days. Our professional team helps you easy and quick registration of Public Limited with online documentation, filing and registration with MCA/ROC.
Advantages of Public Limited Company
- Limited liability of shareholders
- Separate legal existence from owners, so it can sue and can be sued in its own name
- Perpetual legal existence in society, so it can closed by legal dissolution process only
- Public Limited Company is a body corporate
- Has high credibility in market as compared to other types of business forms
- Representative board of directors for management of company
- Easy availability to access of capital through issue of shares to the general public
- Unlimited opportunities for capital investments
- Easy to make acquisition of other companies
- Growth, merger, diversification, etc. are possible
Documents and Information Requirement
- Pan Card of directors and shareholders
- Address Proof of directors and shareholders (passport / election card / ration card / driving license / aadhaar card)
- Residential Proof of directors and shareholders (Electricity bill / Telephone bill / Bank Statement / Mobile bill)
- Passport Size photographs of directors and shareholders
- Rental agreement between Company and owner
- Copy of utility bill of place of business
- No objection certificate from owner
- Unique business name
- Email-ID and Mobile numbers of all directors and shareholders
Disclaimers:
- Minimum seven shareholders are required to form a public limited company
- Additional documents and information required for a non-resident director or shareholder
- Additional details or information or documents other than mentioned in above list; may be called if required.