Public Limited Company (PLC) Registration & Compliance Services in India
📌 What is a Public Limited Company?
A Public Limited Company (PLC) is a corporate entity under the Companies Act, 2013, defined under Section 2(71), where shares can be offered to the general public. It provides limited liability to shareholders (Section 3), a separate legal entity, and perpetual succession (Section 3). PLCs are suitable for large businesses seeking public funding, listing on stock exchanges, or significant expansion.
📌 Eligibility Criteria
- Minimum 7 shareholders and no upper limit (Section 3, Section 2(71)).
- Minimum 3 directors, with at least one being resident in India (Section 149).
- Must have a minimum paid-up capital of ₹5 lakhs at the time of incorporation (Section 2(64), Companies (Incorporation) Rules, 2014).
- Directors and shareholders must obtain DIN and DSC (Sections 153, 167).
- Must comply with statutory registrations including PAN/TAN under Income Tax Act, 1961 and GST under CGST Act, 2017 (if applicable).
📌 Our Public Limited Company Services Include
- Incorporation & Registration:
- Name approval via Section 13 & Rule 8, Companies (Incorporation) Rules, 2014.
- Drafting Memorandum of Association (MOA) and Articles of Association (AOA) (Sections 4 and 5).
- Filing SPICe+ (INC-32) for incorporation, PAN, and TAN.
- Statutory Compliance & Filings:
- GST, EPFO, and ESIC registration for applicable businesses.
- Annual filings with MCA including MGT-7 (Annual Return) and AOC-4 (Financial Statements) (Sections 92, 129, 134).
- Director KYC updates (DIR-3 KYC) and other regulatory compliance.
- Accounting & Bookkeeping:
- Maintenance of statutory registers (Sections 88, 170, 189) and financial records.
- Preparation of annual accounts, audit reports (Section 143), board reports (Section 134), and internal controls.
- Corporate Governance & Advisory:
- Assistance with board and shareholder meetings, resolutions, and approvals (Sections 117, 179, 180).
- Advisory on corporate law compliance, listing requirements, fundraising, and restructuring.
📌 Advantages of a Public Limited Company
- Limited Liability – Shareholders are liable only up to their share capital contribution (Section 3, 34).
- Separate Legal Entity & Perpetual Succession – The company continues irrespective of ownership changes (Section 3).
- Access to Public Funding – Shares can be offered to the public via IPOs or private placements (SEBI Guidelines + Companies Act, Sections 23–42).
- Enhanced Credibility & Transparency – Compliance with corporate governance and statutory audits improves investor confidence.
- Easy Transferability of Shares – Shares can be freely traded subject to SEBI & Companies Act rules (Sections 44, 45).
- Structured Management – Mandatory board committees like Audit, Nomination, and Remuneration (Section 177, 178) ensure accountability.
- Tax Benefits – Eligible for corporate tax rates under Income Tax Act, 1961.
📌 Why Partner With India Stat Filing
- Expert guidance for incorporation, MCA filings, GST, statutory compliance, and corporate governance.
- End-to-end support from registration to annual compliance, bookkeeping, and audit preparation.
- Transparent communication, timely updates, and legal documentation as per Companies Act, 2013.
- Advisory for IPO preparation, fundraising, and corporate restructuring.
📌 Our Commitment
At India Stat Filing, we ensure your Public Limited Company is incorporated legally under Companies Act, 2013 and remains compliant with all statutory obligations. Our team manages documentation, e-filing, bookkeeping, and regulatory compliance to ensure smooth operations and investor confidence.
📞 Get Started Today
👉 Incorporate your Public Limited Company and unlock access to public funding, credibility, and structured growth with India Stat Filing.
📩 Contact us for seamless PLC registration and compliance services.