ThinkBiz Filings IndiaThinkBiz Filings IndiaThinkBiz Filings India
(91) 8977983666
info@thinkbizfilings.com
Hyderabad-68, Telangana, India.
ThinkBiz Filings IndiaThinkBiz Filings IndiaThinkBiz Filings India

Public Limited Company

Register

Public Limited Company

Wish your shares to be freely traded & sold in the public ? Public Limited Company is for you. Prices Starting from INR 29,999/- only.

 
Expert Consultation
Get Quote Instantly in a Minute!

What is a Public Limited Company?

All you need to know

The Public limited company in India is a voluntary association of members which has a separate legal existence and the liability of whose members is limited. A Public Limited Company can either be an unlisted Company or listed Company on the Stock Exchange. Public Limited company also enjoys wide options to raise funds through bank loans, the general public, and Institutional investors.

A public limited company has many advantages over Private Limited Company and the ability to have any number of members, ease in transfer of shareholding and more transparency makes it popular amongst foreign investors. If you are planning to raise funds from the public through Initial Public Offer (IPO) then Start your business by incorporating Public Limited Company.

A public limited company is usually established to generate capital from external sources, i.e. the general public for starting a business, business expansion, technological advancement, global expansion, etc.

But a PLC is suitable to the large organizations which have a comprehensive perspective and higher growth possibilities, rather than a small shop located next door.

Features that make a Public Limited Company Different from Private Limited Company:

  • Shares offered by a public Ltd. Co. are easily transferable to any other person, such that it merely requires filing and signing of share transfer form to transfer the shares.
  • A Public Ltd. Co. is the highest corporate structure to start with.
  • In Public Limited Company shareholders have a claim to part of the company’s assets and profits.
  • Public Limited Company can have any number of members.
  • Shares are easily transferable in Public Limited Company.

Suggested Read- How Can a Private Limited Company be converted in to Public Limited Company?

ThinkBiz Filings is an eminent business platform and a progressive concept, which helps end-to-end incorporation, compliance, advisory, and management consultancy services to clients in India and abroad. Incorporating a Public Limited Company is easy, seamless, cheapest and quickest with ThinkBiz Filings! Apart from a Public Limited Company, ThinkBiz Filings also helps entrepreneurs with Private Limited Company Registration, Nidhi Company Registration, Partnership Registration, HUF, LLP Incorporation and One Person Company registration easily. You may get in touch with ThinkBiz Filings compliance manager on 8977983666 or email info@Thinkbizfilings.com for free consultation.

Transparent Pricing | No Hidden Fees

Simple, upfront pricing with no hidden costs—just clear, professional service you can trust.

Compliance Requirements for a Public Limited Company

Income Tax Return

    Partnership firms must file annual tax returns. The due date is 31st July for non-audit cases and 30th September for audited firms. Timely filing ensures compliance, avoids penalties, and maintains legal standing.

    GST Compliances

      Partnership firms must register for GST if turnover exceeds the prescribed threshold. Regular GST return filing is mandatory to ensure compliance, avoid penalties, and maintain smooth business operations under GST laws.

      TDS Compliance

        Partnership firms must deduct and deposit Tax Deducted at Source (TDS) if liable under the Income Tax Act. Timely filing of TDS returns ensures compliance, avoids penalties, and maintains smooth financial operations.

        Accounting

          firms must maintain proper books of accounts reflecting an accurate and fair view of financial affairs. Each partner’s capital, withdrawals and profit share should be recorded separately to ensure transparency

          Tax Audit (if applicable)

            Required for partnership firms if business turnover exceeds ₹1 Cr or professional receipts surpass ₹50 Lakh under Section 44AB, ensuring regulatory compliance and accurate financial reporting.

            Firm Updates

              Partnerships must file updates on any changes in firm structure, such as partner additions, removals, or modifications to the partnership deed, ensuring legal compliance and transparency.

              Documents Required for Public Limited Company

              Quick Checklist

              • PAN card of all partners of the firm.
              • Aadhaar/Passport/Voter ID/Driving License of all partners.
              • Latest utility bill, rent agreement, or ownership proof of the firm’s office.
              • Latest bank statements of partners.
              • Recent photos of all partners.

              Key Benefits of a Public Limited Company

              Points to make your decision easy

              Ease of Formation

                Partnership firms have a straightforward registration process with minimal legal formalities, making them easy and cost-effective to establish.

                Tax Benefits

                  Partnership firms avoid double taxation, as profits are taxed only at the firm’s level and not again in the hands of partners, ensuring tax efficiency.

                  Lower Compliance

                    Partnership have fewer regulatory requirements and legal formalities compared to corporations, reducing administrative burdens and operational costs.

                    Decision-Making

                      Partnership firms enable quick decisions without extensive regulatory approvals, allowing for agile business operations and faster implementation of strategies.

                      Profit Sharing

                        Partners can distribute profits as per the agreed ratio in the partnership deed, allowing flexibility and mutual benefit in financial management.

                        No Minimum Capital

                          Partnership firms have no minimum capital requirement and can be registered even with Rs. 10,000 as total capital, providing flexibility in business setup.

                          Our most honorable clients

                          FAQs On Public Limited Company
                          Get answers to all your queries
                          • A Public Limited Company (PLC) is a company that is registered under the Companies Act, 2013, and can offer shares to the public. It is required to have a minimum of three directors and seven shareholders, with no upper limit on the number of shareholders.
                          • ✅ Ability to raise funds from the public ✅ Limited liability protection for shareholders ✅ Increased credibility and brand recognition ✅ No limit on the number of shareholders
                          • ❌ Higher compliance and regulatory requirements ❌ Greater public disclosure requirements ❌ Expensive to incorporate and maintain
                          • 📌 The steps include: ✅ Obtain Digital Signature Certificate (DSC) and Director Identification Number (DIN) ✅ Reserve a unique company name (via RUN on MCA portal) ✅ Draft MOA & AOA (Memorandum and Articles of Association) ✅ File SPICe+ (INC-32) form with required documents ✅ Obtain Certificate of Incorporation (COI)
                          • 📌 For Directors & Shareholders: ✅ PAN Card & Aadhaar Card ✅ Address proof (Electricity Bill, Passport, etc.) ✅ Passport-size photos 📌 For Registered Office Address: ✅ Rental Agreement or Property Documents ✅ Latest Utility Bill
                          • 📌 The Companies Act, 2013 does not specify a minimum capital, but ₹5 lakh is recommended.
                          • A Public Limited Company must have: ✅ Minimum 3 Directors ✅ Maximum 15 Directors (can be increased with shareholder approval)
                          • A Public Limited Company must file: ✅ MGT-7 – Annual Return ✅ AOC-4 – Financial Statements ✅ DIR-3 KYC – KYC of Directors ✅ Income Tax Return (ITR-6)
                          • Yes, all Public Limited Companies must undergo an annual statutory audit.
                          • Yes, it must hold at least 4 Board Meetings per year, with a gap of not more than 120 days between two meetings
                          • Don’t worry!! Our expert will help you to choose the best suitable plan for you. Get in touch with our team to get all your queries resolved. Write to us at info@thinkbizfiling.com or call us @+91 970 456 1215

                          Subscribe to our newsletter

                          Sign up to receive latest news, updates, promotions, and special offers delivered directly to your inbox.
                          No, thanks
                          Open chat
                          Hello 👋
                          Can we help you?