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Public Limited Company

Registering a Public Limited Company in India involves a detailed and comprehensive process governed by the Companies Act, 2013, and overseen by the Ministry of Corporate Affairs (MCA). Here is a step-by-step guide for registering a Public Limited Company in India:

1.Directors and Promoters:
     ⦁ Identify at least three directors (individuals) who will manage the company.
     ⦁ Obtain Director Identification Numbers (DIN) for the proposed directors.
     ⦁ Obtain Digital Signature Certificates (DSC) for the directors.

2.Name Reservation:
     ⦁ Choose a unique name for the company, adhering to the naming guidelines of the MCA.
     ⦁ File an application for name reservation (Form RUN) on the MCA portal.

3.Memorandum of Association (MOA) and Articles of Association (AOA):
     ⦁ Draft the MOA and AOA, which outline the company’s objectives, internal regulations, and shareholder rights.
     ⦁ Get the MOA and AOA duly signed by the promoters.

4.Incorporation Application:
      ⦁ Prepare the incorporation application, including Form SPICe (Simplified Proforma for Incorporating Company Electronically) with details of directors, shareholders, registered office address, and other necessary information.
      ⦁ Attach the MOA, AOA, and other supporting documents to the application.
5.Payment of Fees:
      ⦁ Pay the required fees for incorporation, stamp duty, and other charges online.

6.Verification and Approval:
       ⦁ The Registrar of Companies (RoC) will review the application and supporting documents.
       ⦁ The RoC may request additional information or clarification during the review process.
       ⦁ Once satisfied, the RoC will issue a Certificate of Incorporation, along with a unique Corporate Identity Number (CIN) for the company.

7.PAN and TAN Application:
        ⦁ Apply for a Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for the company.

8.Post-incorporation Compliance:
        ⦁ Obtain a certificate of commencement of business (if required).
        ⦁ Issue share certificates to the shareholders.
        ⦁ Open a bank account in the company’s name.
        ⦁ Comply with various statutory requirements, such as maintaining books of accounts, filing annual returns, conducting board meetings, and complying with tax and regulatory obligations.

It is advisable to engage the services of a professional, such as a company secretary or a chartered accountant, to assist you with the Public Limited Company registration process in India. They can provide guidance, ensure compliance with applicable laws and regulations, and help you complete the necessary documentation accurately.

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