Public Limited Company

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Public Limited Company

A Public Limited Company (PLC) is a type of business entity that offers its shares to the general public, typically through listing on stock exchanges. This structure enables the company to raise significant capital by selling shares to investors. The shares of a PLC can be bought and sold freely on the stock market, providing liquidity to shareholders and allowing them to easily enter or exit their investment positions.

These companies must adhere to strict regulatory standards, including regular financial reporting and disclosure requirements, to ensure transparency and protect the interests of shareholders.

  • ID proof: PAN card and passport of Indian and foreign directors, respectively
  • Address proofs: Ration card or Aadhar card or driver’s license or voter ID
  • Residence proofs: Bank statement or electricity bill of the premise
  • Notarized rental agreement
  • NOC from the property owner
  • A copy of the sale deed or property deed (for an owned property)

At Utkrasht, we streamline the PLC registration process, guiding you through each step with expertise and precision. Our comprehensive services include:

Consultation and Advisory:

Our experienced consultants offer guidance on the PLC registration process, legal compliance, and documentation requirements.

Document Preparation:

We assist in preparing the necessary documents, including the Memorandum of Association (MoA) and Articles of Association (AoA), outlining the corporate structure, rights, and obligations of shareholders.

Name Reservation:

We facilitate the process of reserving a unique and suitable name for your PLC, ensuring adherence to regulatory guidelines and availability for incorporation.

Filing and Registration:

Our dedicated team manages the filing and registration of your PLC with the Registrar of Companies (RoC), ensuring compliance with all legal formalities and regulatory requirements.

Post-Registration Compliance:

We offer guidance on post-registration compliances, such as obtaining necessary licenses, maintaining statutory records, and fulfilling annual filing requirements.

Embark on your journey to establish a PLC with Utkrasht’s reliable and efficient registration services. Contact us today to discover how we can assist you in forming your PLC and positioning your business for long-term success.

Contact Information:

For more information or to initiate PLC Registration, please visit our website or reach out to our dedicated team via email or phone. We are here to address your queries and guide you through the process of registering your PLC, ensuring a smooth and compliant experience.

Incorporating a startup in India usually involves several key steps. These steps typically include registering the business name, acquiring a Director Identification Number (DIN) and Digital Signature Certificate (DSC), preparing the Memorandum of Association (MoA) and Articles of Association (AoA), and submitting the incorporation documents to the Registrar of Companies (RoC).

Registering as an MSME brings forth a host of advantages, including access to government schemes and subsidies, priority sector lending, protection against delayed payments, eligibility for tax benefits, and expanded market opportunities.

A private limited company stands as an independent legal entity, affording its owners limited liability protection and accommodating multiple shareholders. On the other hand, a sole proprietorship represents an unincorporated business solely owned and managed by an individual, offering simplicity but lacking limited liability protection.

Indeed, obtaining a PAN (Permanent Account Number) is mandatory for incorporating a startup in India. PAN serves various tax and regulatory purposes, including opening a bank account, filing tax returns, and conducting financial transactions.

Absolutely, foreign nationals and Non-Resident Indians (NRIs) are permitted to incorporate a startup in India. However, specific conditions and regulatory prerequisites, such as obtaining requisite approvals, may be applicable depending on the nature of the business and the residency status of the foreign national.