A limited company limits the liability of its owners and management team. However, in the case of a public limited company, a company can sell shares to investors, which is considered a beneficial act in terms of raising capital for the business. A minimum of three Directors are required to form a Public Limited Company, and there is no limit to the maximum number of members. Importantly, it is subject to more stringent regulatory requirements than a Private Limited Company.
Public Limited Companies are those types of businesses where the minimum number of members is seven and there is no limit on the number of members. A public limited company shares the majority of the characteristics of a private limited company. A Public Limited Company has all of the benefits of a private company, as well as the ability to own any number of members, the ease of transferring holdings, and a high level of transparency. A public company's distinguishing features include its name, management, shares, formation, number of members, administrators, and conferences, among others.
Growth and expansion opportunities
Larger amount of capital
Free transfer of shares
Easy To Raise Funds And Loans
Separate Legal Entity
Ownership of property
Identity proof of Directors and Shareholders.
PAN Card for Indian Nationals (Mandatory).
Passport for Foreign Nationals (Mandatory).
Proof of nationality for Foreign Nationals.
Proof of Identity (Voter ID/Passport/Driving License) (any one).
LLP for authorization of director/partner / Resolution of the board of company.
2 Passport size photos
Address proof of Directors and Shareholders.
Mobile bill/Telephone/Electricity/Bank statement) (not older than two months) (any one).
Proof of Registered office.
Conveyance/ Lease deed/Rent Agreement etc. along with rent receipts (any one).
Copy of the utility bills (Gas/Electricity bill/Telephone) (not older than two months) (any one).
NOC from Landlord.
DSC form (physically signed).