Public Limited Company Registration
A public limited company (PLC) is a type of corporation that sells shares to the public and trades on the stock market. PLCs are governed by the Companies Act of 2013 and are subject to stricter regulations than private limited companies. These regulations include financial reporting, transparency, and shareholder communication. PLCs must also disclose financial information to the public. To form a PLC, a minimum of seven members are required, minimum three Board of directors, and there is no maximum number of members. The company must also have a minimum paid-up capital of Rs.5 lakhs.
Required Documents: Memorandam of Association, Articles of Association, Form DIR-12, Identity Proof for Share Holders and Directors, PAN Care details of all shareholders, directors, and members of the company, company office address proof, Land Lord consent Letter, Digital Signature of at least one director.