Rabbnoor Advisory: Your One Stop Service Platform

Public Limited Compliance

Company Registration In India - An Overview

Registering a public limited company means your business can sell shares to the public. You choose a unique name, fill out paperwork, and decide how much money you want to raise through share sales. Then, you share financial details with potential investors. Once approved, you can start selling shares and even trade them on a stock exchange. It’s smart to seek guidance to ensure you’re following all the necessary rules and regulations.

Company Image

Company Image

Why Choose Company Registartion in India?

A public limited company is a type of business where people can freely buy and sell shares on stock exchanges or other markets. There are lots of good things about setting up a public limited company:

  1. It can get money by selling shares, which can help it grow and try out new things.
  2. Being public can make more people know about the company.
  3. Being listed on a stock market can make the company look more important and respected.
  4. Sharing information publicly can make it easier to find partners, and it can make customers think better of the company because it seems more open.

How to Register Company online? - A Detailed registration process

Registering a public limited company in India involves several steps, here’s a simplified guide:

  1. Name Approval: Choose a unique name for your company and apply for approval from the Ministry of Corporate Affairs (MCA) through the RUN (Reserve Unique Name) web service.
  2. Director Identification Number (DIN): Directors of the company need to obtain a DIN from the MCA. This can be done online by filing Form DIR-3.
  3. Digital Signature Certificate (DSC): Obtain Digital Signature Certificates for all directors. This is required for filing forms electronically with the MCA.
  4. Memorandum of Association (MOA) and Articles of Association (AOA): Draft the MOA and AOA of the company, outlining its objectives and rules for internal management.
  5. Company Registration: File the application for company registration with the MCA in Form SPICe (Simplified Proforma for Incorporating Company Electronically), along with the required documents including MOA, AOA, and other particulars of the company and directors.
  6. Payment of Fees: Pay the prescribed fees for company registration and other charges online through the MCA portal.
  7. PAN and TAN: Apply for Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for the company. These can be obtained simultaneously with the company registration process.
  8. Certificate of Incorporation: Once the application is processed and approved, the Registrar of Companies (RoC) will issue a Certificate of Incorporation. This certifies that the company is registered under the Companies Act, 2013.
  9. Commencement of Business: After receiving the Certificate of Incorporation, if the company intends to commence business immediately, it needs to file a declaration for Commencement of Business within 180 days of incorporation.
  10. Post-Incorporation Compliance: After incorporation, ensure compliance with various regulatory requirements such as appointment of statutory auditors, opening a bank account, issuance of shares, and filing of annual returns and financial statements with the RoC.
Contact Us