Private & Public Limited Company
A private limited company (PLC) is one of the most common types of legal entity in India. Private limited companies are governed by the Companies Act, 2013 and require a minimum of 2 directors and 2 shareholders, with one of the directors being an Indian resident or citizen.
To register a company in India, the following are the minimum requirements:
2 Directors: One person should be an Indian national and one should be an Indian resident.
2 Shareholders: The directors can be shareholders.
Registered Office in India
100% foreign direct ownership (FDI) is permitted in most sectors in India, and there is no restriction on foreign shareholding in a private limited company. Hence, most foreign subsidiaries are established in India as private limited companies.
Documents Required for Company Registration
1. Proposed name of the company (At least Two Names)
2. Pan Copy and Aadhar copy (full sheet) and ID Proof (DL/Voter ID/Passport) of each director
3. Bank Statement of each director for address Proof
4. Rental Agreement and Electricity Bill (Latest One) for office address Proof and NOC from the owner
5. All the directors DSC
6. In case of own place of business NOC from the owner
7. Passport size Photo of each director
8. Objective and nature of business of the company
9. Nearest police station for the business premises
10. Proposed Bank for Current Account
11. Phone number and Mail id of each director
12. Company mail ID and phone number
13. Authorized Capital and Paid-up Capital
14. Farmer Certificate
15. Percentage of each director share capital
16. Education Qualification of each proposed director
17. Place of Birth of each proposed director
Public Limited Company
A public limited company is established, incorporated, and regulated under the Companies Act, 2013. Its ownership is shared among its shareholders in proportion to the shares they hold or the capital they’ve invested in the company. Furthermore, ownership can be easily transferred by trading the company's shares on public platforms such as stock exchange markets to both investors and the general public. The shareholders share the company's profits in a fixed ratio that they have mutually agreed upon, while their liabilities are limited to the amount of capital they have invested in the company.
Documents Required for Public Limited Company Registration
Promoters Document:
Proof of Premises:
1.Telephone
2.Electricity
3.Water BillOwner's No Objection Certificate (NOC)
NOC Format Download
Legal Drafts:
Questionnaire for Company Registration
Consent of Directors in Form DIR-2
Specimen Signatures of Directors
signed subscriber sheet