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Breif
A Public Limited Company is a business setup made for big ideas and big growth. It allows you to raise money from the public, build strong credibility, and run your business with limited personal risk.
Overview
This type of company needs at least 3 directors and 7 shareholders. It’s perfect for businesses that plan to grow large, attract investors, and operate on a national or global level. Though it follows stricter rules, it earns more trust from banks, investors, and the public — making it a powerful structure for long-term success.
Process
Step 1 - Requirement Discussion & Planning – Understand business goals, capital structure, directors, and shareholders.
Step 2 - Apply for Name Approval – Apply to the Registrar of Companies for company name approval.
Step 3 –Digital Signatures & DIN – Obtain Digital Signature Certificates and Director Identification Numbers for all proposed directors.
Step 4 – Drafting Documents – Prepare Memorandum of Association (MOA), Articles of Association (AOA), and other required incorporation documents.
Step 5 – ROC Filing – Submit all incorporation forms and documents with the Registrar of Companies.
Step 6 – Certificate of Incorporation – Receive the official Certificate of Incorporation along with PAN, TAN, and statutory company details.
Step 7 - Post-Incorporation Compliance – Complete mandatory registrations, open a bank account, and ensure statutory compliance.
Checklist
Details & Documents Required for Public Limited Company Formation
1. Directors & Shareholders
- Minimum 3 directors (no maximum)
- Minimum 7 shareholders (no maximum)
- Identity and address proof of all directors and shareholders
2. Company Name
- Proposed names (at least 2-3 options) for ROC approval
- Ensure uniqueness and compliance with Companies Act
3. Digital Signatures & DIN
- Digital Signature Certificates (DSC) for all directors
- Director Identification Numbers (DIN)
4. Documents Preparation
- Memorandum of Association (MOA)
- Articles of Association (AOA)
- Affidavits and declarations by directors
5. Registered Office
- Proof of registered office address (rent agreement or ownership proof)
- NOC from property owner if rented
6. ROC Filings
- Form INC-1 (Name application)
- Form INC-7 (Incorporation application)
- Form INC-22 (Registered office details)
- Any other forms as required by ROC
6. Post-Incorporation
- Certificate of Incorporation
- PAN & TAN of the company
- Open company bank account
- GST, Professional Tax, and other statutory registrations (if applicable)
Time Taken
Total Time: Approximately 7–10 working days from the date of receipt of all required documents.
- Name Approval & Client Confirmation: 1 day
- Preparation of MOA, AOA & Other Incorporation Documents: 1–2 days
- Filing Forms (INC-1, INC-7, INC-22) with ROC: 1–2 days
- ROC Verification & Issuance of Certificate of Incorporation: 3-5 days
Deliverable
The following deliverables are included in the Biz Silver Plan. Deliverables for other packages may vary accordingly:
- Certificate of Incorporation – Official ROC-issued certificate confirming company formation
- PAN & TAN of the Company – Tax identification documents for business operations
- Memorandum of Association (MOA) & Articles of Association (AOA) – Legal documents defining company structure and rules
- Digital Signature Certificates (DSC) & Director Identification Numbers (DIN) – For all directors
Board & Shareholders’ Resolutions – Prepared and ready for compliance
Registered Office Proof – Address proof documents submitted to ROC
Post-Incorporation Compliance Guidance – Support for statutory filings, bank account opening, and other registrations
Why Choose Us
Bizeneed is trusted by hundreds of entrepreneurs for smooth and hassle-free Public Limited Company formation. From name approval to ROC filings and post-incorporation compliance, we handle everything with speed and accuracy. With pan-India expertise and dedicated support, we make setting up your company simple, fast, and reliable.
FAQs
A Public Limited Company (PLC) is a company that can raise capital from the public by issuing shares and is registered under the Companies Act, 2013.
Any group of at least 7 members can form a Public Limited Company with a minimum of 3 directors.
There is no minimum paid-up capital requirement, but the company must comply with statutory capital norms for shares.
A Public Limited Company can raise funds from the public and list on stock exchanges, whereas a Private Limited Company cannot.
Yes, foreign investment is allowed subject to FEMA guidelines and sectoral approvals.
Apply for name approval, obtain DIN & DSC for directors, draft MOA & AOA, file incorporation forms with ROC, and receive the Certificate of Incorporation.
Typically, it takes 7–10 working days, depending on the ROC verification and completeness of documents.
No prior approval is needed, except for specific industries that require regulatory clearance.
Yes, the proposed name is submitted to the ROC for approval before incorporation.
Yes, a valid registered office proof is mandatory for ROC filing.
PAN & Aadhaar of directors, identity and address proof of shareholders, registered office proof, MOA & AOA, and photographs.
Yes, DSC is mandatory for all proposed directors for ROC filings.
Yes, at least 7 shareholders are required at the time of incorporation.
MOA (Memorandum of Association) defines the company’s objectives, while AOA (Articles of Association) defines its internal rules and management.
Yes, details like directors, address, or capital structure can be updated through ROC filings.
Filing annual returns, maintaining statutory registers, holding board and AGM meetings, and obtaining PAN, TAN, and GST (if applicable).
Yes, after incorporation, it can issue shares, but SEBI approval is required for listing on stock exchanges.
Penalties may include fines for late filings, non-maintenance of records, or violations of Companies Act provisions.
Yes, every Public Limited Company must get its accounts audited annually.
Yes, we assist with statutory compliance, board resolutions, ROC filings, and ongoing corporate support.