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A Public Limited Company also called public corporation or widely held company is a type of legal business entity which can be incorporated by seven or more persons. There is no limit for maximum number of members i.e., shareholders in such type of companies. Further these companies can invite capital and deposits from the public. There is no minimum requirement of capital to be invested at the time of incorporation of the company. Any amount of share capital can be invested as per the will of the Promoter/Shareholders. These companies shall have minimum three director and seven shareholders.
Registration of Public Limited Company make a more prestigious profile, greater access to capital and the ability to be able to advertise and sell your shares to the public. Many entrepreneurs incorporate a Public Limited Company so that they will be able to sell shares to the public through a Stock Exchange and get investment for the company. Public company can be listed as well as unlisted. Listed public company can issue shares through an initial public offering (IPO), can be traded on stock exchanges.
The Directors or Shareholders of the public company have no personal liabilities.
A Public Company is a legal entity and a juristic person. It has wide legal capacity and can own property.
Limited companies enjoy perpetual succession because the company is its own legal entity.
A company in India, being a Separate Legal entity can sue and also be sued in its own name.
Banks prefer to render large volume of financial assistance to a Public company.
A Limited company opens the door to more tax-deductible costs and allowances redeemable against profits.
The management team will be the able to manage the funds of the public efficiently by giving the right direction.
The public company can collect its capital by the sale of its shares to public through Initial public offering.
Obtain help of Professionals & Subject matter experts at CFO Affairs to understand the intricacies involved in the registration. We are more than happy to educate you and make your entity registration a hassle free process.
CFO Affairs helps you register in 5 to 6 working days, subject to MCA and client processing time.
Because that will enable each of us to do what we are good at!
We’ve worked with CFO Affairs from the very early stages of our business, through to established startup, and then scale up. They have been a one stop solution to our start up needs, understanding our core activities, suggesting us the most appropriate entity, advising us on the mandatory registrations & permissions to be obtained. Their work has been invaluable to us and I would unreservedly recommend them!
As a startup company we were incurring costs in the set up of our business. CFO Affairs helped us with an interesting expense budgeting & business plan along with setting up of the entire work flow, invoicing, accounting and compliance system in place. The execution by their team was the best! We were relieved of so much work load and responsibilities! I personally recommend CFO Affairs to one & all! We will stay associated with you guys!
This is good news for me that the company is now incorporated. I would like to thank CFO Affairs and all its staff members involved in the incorporation process. CFO Affairs has been very punctual and thorough in all the documentation process. I am sure, it would have taken a lot more time for me to manage this stuff by myself, thanks to CFO Affairs, they managed it all for me.
The expertise at CFO Affairs is really broad and at the same time they have great specialists amongst them, giving access to advice that is current and in line with changing trends and norms. They have been awesome when it comes to delivering on time, proactively providing expert support to so many facets of our early strategies and management & an insightful and attentive partner. Kudos to the team! Keep the good work going.