PUBLIC LIMITED COMPANY

A Public Limited Company (PLC) is a type of company that is allowed to offer its shares to the general public and can be listed on a stock exchange. It raises capital by issuing shares to the public.

Documents required for company

Here’s a list of documents required for company registration:

  • PAN card, Adhar Card and photo of all directors
  • Electricity bill/ Sale deed if owned premises
  • Rent agreement and NOC, if rented premises
  • MOA and AOA
  • DIN of all directors
  • DSC of all directors
  • DIR-2 i.e. consent to act as director
  • Declaration of Compliance (Form INC-8)
  • Name Approval (Form INC-1)

Benefits of Company

Forming a company offers a range of benefits, here are some key advantages:

  1. Ability to raise Capital
  2. Perpetual Existence
  3. Liquidity
  4. Employee Benefits and Retention
  5. Increased creditability
  6. Diversification of Ownership
  7. Tax Benefits
  8. Exit Strategy for Founders

POST REGISTRATION COMPLIANCE

  • Board meetings
  • Annual General Meeting (AGM)
  • Filing of Financial Statements (AOC-4)
  • Filing of Income tax returns
  • PAN & TAN Application
  • Compliance with SEBI
  • Declaration of dividend
  • Statutory Audit

REGISTRATIONS REQUIRED BY COMPANY AFTER ITS FORMATION

  1. GST Registration
  2. Employees’ Provident Fund (EPF) Registration
  3. Employees’ State Insurance (ESI) Registration
  4. Shops and Establishments Act Registration
  5. Import Export Code (IEC) Registration
  6. SEBI Registration
  7. FEMA compliance
  8. Trademark Registration