why choose our Center?

  • 25+ Years of Experience

    25+ Years of Experience

    We are rendering services in the field of finance, taxation and regulatory compliances for more than 25 Years.
  • Serving all over India & Abroads

    Serving in India & Abroad

    We have presence in all over India and Abroad directly or through our network firms.
  • 10,000+ Satisfied Clients

    10,000+ Satisfied Clients

    We provide financial, taxation and regulatory services to more than 10,000 Individuals and Businesses.
  • Complete services under one roof

    All services under one roof

    From incorporation to routine finance, tax and regulatory services for businesses and Individuals.
  • Large Team of Professionals

    Large Team of Professionals

    We are a strong team of 25 energetic people with 2 Chartered Accountants and 4 Company Secretaries.
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    Certified Service Provider

    Certified Service provider for quality standards, data security and confidentiality.
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    100% Accuracy Guarantee

    From our past records, we assure you 100% accuracy in services we provide. If we make an error, we fix it.
  • Cost Effective Solutions

    Cost Effective Solutions

    With us, you can be confident that needs will be met and agreed-upon services will be provided at a fair price.

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Each time I talk with anyone from your office I’ve been extremely pleased with their knowledge base, the manner in which information is presented/discussed and the follow-through. My rating would always be excellent!!!
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Pranav Shah Practicing CA.

Public Limited Company

Public Limited Companies are those types of companies where minimum number of members is 7 and no restriction on maximum number. A public limited company has the limited liability of members. A public limited company has all the advantages of partnership namely flexibility, greater capital combination of different and diversified abilities, etc., and at the same time it has advantages of limited liability, greatest stability and legal entity.

Advantages:

  • Easy to get public money
  • Most credible
  • Ideal for companies intending to float IPO

Minimum requirements:

  • 3 directors, 7 members
  • 500000 share capital

FAQs :

1. How many people are required to incorporate a Limited Company?

To incorporate a Limited Company, a minimum of seven people are required. A Limited Company must have a minimum of three Directors and seven shareholders.


2. What are the requirements to be a Director?

The Director needs to be over 18 years of age and must be a natural person. There are no limitations in terms of citizenship or residency. Therefore, even foreign nationals can be Directors in a Indian Private Limited Company.

3. What is the capital required to start a Limited Company?

You can start a Limited Company with any amount of capital. However, fee must be paid to the Government for issuing a minimum of shares worth Rs.5 lakhs [Authorized Capital Fee] during the incorporation of the Company. There is no requirement to show proof of capital invested during the incorporation process. Rupees One lakh (INR 100,000). However the requirement of minimum share capital may go up if certain words such as India (INR 500,000), Asia (INR 5,000,000), Global, Universal, Industrial (INR 10,000,000) are chosen as part of the companys name.

4. Is an office required for starting a Limited Company?

An address in India where the registered office of the Company will be situated is required. The premises can be a commercial / industrial / residential where communication from the MCA will be received.

5. Do I have to be present in person to incorporate a Limited Company?

No, you will not have to be present at our office or appear at any office for the incorporation of a Limited Company. All the documents can be scanned and sent through email to our office. Some documents will also have to be couriered to our office.

6. What are the documents required for incorporation?

Identity proof and address proof is mandatory for all the proposed Directors of the Company. PAN Card is mandatory for Indian Nationals. In addition, the landlord of the registered office premises must provide a No Objection Certificate for having the registered office in his/her premises and must submit his/her identity proof and address proof.

7. How long will it take to incorporate a Company?

We can incorporate a Limited Company for in 14-20 days. The time taken for incorporation will depend on submission of relevant documents by the client and speed of Government Approvals. To ensure speedy incorporation, please choose a unique name for your Company and ensure you have all the required documents prior to starting the incorporation process.

8. What do I need to quickly incorporate my Company?

To incorporate a Company quickly, make sure the proposed name of the Limited Company is very unique. Names that are similar to an existing private limited company / limited liability partnership / trademark can be rejected and additional time will be required for resubmission of names.

9. How long is the incorporation of the Company valid for?

Once a Company is incorporated, it will be active and in-existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the Company will become a Dormant Company and maybe struck off from the register after a period of time. A struck-off Company can be revived for a period of upto 20 years.

10. What is a Digital Signature Certificate?

A Digital Signature establishes the identity of the sender or signee electronically while filing documents through the Internet. The Ministry of Corporate Affairs (MCA) mandates that the Directors sign some of the application documents using their Digital Signature. Hence, a Digital Signature is required for all Directors of a proposed Company.

11. What is Director Identification Number (DIN)?

Director Identification Number is a unique identification number assigned to all existing and proposed Directors of a Company. It is mandatory for all present or proposed Directors to have a Director Identification Number. Director Identification Number never expires and a person can have only one Director Identification Number.

12. What is authorized capital fee?

Authorized capital of a Company is the amount of shares a company can issue to it shareholders. Companies have to pay the Government an authorized capital fee to issue shares in a Company. Companies have to pay authorized capital fee for a minimum of Rs.5 lakhs.

13. What are the statutory compliances required for a Limited Company?

A limited company must hold a Board Meeting atleast once in every 3 months. In addition to the Board Meetings, an Annual General Meeting must be conducted by the Private Limited Company, atleast once every year.


14. Can NRIs / Foreign Nationals be a Director in a Limited Company?

Yes, a NRI or Foreign National can be a Director in a Limited Company after obtaining Director Identification Number. However, atleast one Director on the Board of Directors must be a Resident India.

15. Can NRIs / Foreigners hold shares of a Limited Company?

Yes, NRIs / Foreign Nationals / Foreign Companies can hold shares of a Limited Company subject to Foreign Direct Investment (FDI) Guidelines.


16. What are FDI Guidelines for Foreigners in a Limited Company?

100% Foreign Direct Investment is allowed in India in many of the industries under the Automatic Route. Under the Automatic Route, only a post-investment filing is necessary with the RBI indicating the nature of investment made. There are a few industries that require prior approval from the RBI, in such cases, approval must first be obtained from RBI prior to investment.