Public Limited Company
A Public Limited Company (PLC) is a company that offers shares to the general public and has limited liability. It is governed by the Companies Act, 2013 and requires a minimum of 3 directors and 7 shareholders. It can raise capital from the public through shares and debentures.
Price: ₹ 29,999/-
Timeline : 15-20 Days
Proprietorship
Benefits
✅ Separate Legal Entity: Distinct from its shareholders.
✅ Limited Liability: Liability of shareholders is limited to unpaid share value.
✅ Fundraising: Can raise capital from the public, issue IPOs.
✅ Transferability of Shares: Shares can be freely transferred.
✅ Enhanced Credibility: Better perception for investors, vendors, and lenders.
Proprietorship
Documents Required
✅ PAN Card
✅ Aadhar Card/Voter ID/Passport
✅ Passport-size photograph
✅ Address proof (Utility bill/Bank statement)
✅ Electricity bill (not older than 2 months)
✅ Digital Signature Certificates (DSC) of all directors
✅ Director Identification Number (DIN)
✅ Memorandum & Articles of Association (MOA & AOA)
✅ Proposed Name (2–3 options)
✅ Rent agreement/NOC from the owner (if rented)
✅Email ID for directors and company ✅Mobile No. of directors.
Proprietorship
Deliverables
✅ Certificate of Incorporation (COI)
✅ Company PAN & TAN
✅ Corporate bank account
✅ Company Master Data on MCA portal