Public Limited Company
In general, a public limited company is the most favourable choice but where an entity intends to raise public funds in India by listing through stock exchanges then a registration, as a public limited company is mandatory. A public limited company is usually established to generate capital from external sources, i.e. general public and global expansion, etc. and is a suitable choice for large scale businesses.
A public limited company also provides the benefit of having a separate legal entity and distinct identity from its members and as the name suggests, the liability of its members is limited to the extent of property owned by that entity.
Foreign Direct Investment (FDI) in Public Limited Company
Large-scale foreign corporates can setup a public limited company in India as a wholly-owned subsidiary (100% ownership) or in partnership in the form of JV, which can further be listed with stock exchanges for raising funds through the public, in case of listed companies, a minimum public shareholding of 25% is required to be maintained. These types of companies provide ease to foreign corporates for holding ownership in the form of shares and allow them to generate public funds through listing process. The investment is made in terms of the FDI policy both under automatic and approval route within the sectoral cap limits.
We at AcuCorp ensure to undertake your comprehensive registration requirements along with obtaining requisite approvals under the FDI Regulations as applicable in India for the time being in force and any other state-specific approvals/ registrations, as per the requirements of your business. We can also assist and guide in the listing process of the public limited company and coordinate with the intermediaries for conducting the listing process.
We aim to complete the registration process within 15-20 working days post obtaining necessary details from our clients, excluding the time required for any specific statutory/ regulatory approvals as per your business requirements.
Requirement of members
Liability of members
Requirement of directors and key managerial personnel
Mandatory registered office
Form of capital and further funding
|Director Identification Number (DIN) and Digital Signature Certificates(DSC)||Obtain import-export code (if import or export of goods or services are involved)|
|Registration of Permanent Account Number (PAN) and Tax Deduction or Collection Account Number (TAN)||Registration under labour laws|
|Goods and Services Tax Identification Number (GSTIN)||Registration for intellectual property (trademarks and copyrights)|
|Opening of bank account||Registration of micro, small and medium enterprises (for Indian parties)|
|Start Up registrations (for Indian parties)|
Filing of SPICE+ Form for name availability
Filing of incorporation form
To be noted: