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Public Limited Company

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Easily incorporate a Public Limited Company through Hiva Professionals. A minimum of 3 Directors and 7 Shareholders are required to incorporate a Public Limited Company.

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Public Limited Company Registration

Register your Public Limited Company in India with ease through Hiva Professionals

A Public Limited Company (PLC) is an ideal business structure for large-scale operations. Entrepreneurs aiming for wide-scale market presence and public investments can benefit from setting up a PLC in India. A PLC allows raising capital from the general public by issuing shares on stock exchanges and enjoys limited liability, just like private limited companies.

Hiva Professionals simplifies this process by offering end-to-end assistance in company registration, compliance, and post-registration services.

What is a Public Limited Company?

A Public Limited Company (PLC) is a corporate entity that enables public ownership via tradable shares. Governed by the Companies Act, 2013, a PLC must have at least 7 shareholders and 3 directors. Shares of a PLC are often listed on recognized stock exchanges, offering transparency and investment opportunities for the public.

Key Characteristics

  • Board of Directors: Minimum 3 directors required.
  • Company Name: Must end with "Limited".
  • Prospectus: Mandatory for inviting public to invest.
  • Capital: No minimum paid-up capital requirement.

Types of Public Limited Companies

Listed Company: Shares are listed on stock exchanges.
Unlisted Company: Shares are not publicly traded but still offer broader ownership.

Requirements for Registration

  • Minimum 7 shareholders
  • Minimum 3 directors with DIN
  • Authorized share capital of at least ₹1 lakh
  • Digital Signature Certificate (DSC) for one or more directors
  • Unique company name with "Limited"
  • MOA & AOA

Advantages of PLC Registration

  • Easier public fundraising
  • Flexible financial structuring
  • Limited liability protection
  • Wider shareholder base
  • Growth and expansion potential

Documents Required

  • Aadhar, PAN or Voter ID of directors/shareholders
  • Address proof of all individuals involved
  • PAN details of all members
  • Company office address proof (utility bill)
  • Landlord’s NOC (if rented premises)
  • DSCs of directors
  • MOA and AOA

Registration Procedure

  1. Obtain DSC for all directors
  2. Apply for DIN via SPICe+ form
  3. Reserve unique company name via MCA portal
  4. File SPICe+ form along with MOA & AOA
  5. Receive Certificate of Incorporation from ROC
  6. Apply for PAN and TAN
  7. Open a bank account in company’s name

Start Your Public Limited Company with Hiva Professionals

Let our experts at Hiva Professionals guide you through every step—from document preparation to post-registration compliance. We make your business journey smoother, so you can focus on growth while we handle the legal formalities.

Proprietorship vs Limited Liability Partnership (LLP) vs Company

Features Proprietorship Partnership LLP Company
Definition Unregistered type of business entity managed by one single person A formal agreement between two or more parties to manage and operate a business A Limited Liability Partnership is a hybrid combination having features similar to a partnership firm and liabilities similar to a company. Registered type of entity with limited liability to the owners and shareholders
Ownership Sole Ownership Min 2 Partner
  • Max 50 Partners
 Designated Partners
  • Min 2 Directors
  • Min 2 Shareholders
  • Max 15 Directors
  • Max 200 Shareholders
  • For One Person Company
  • 1 Director
  • 1 Nominee Director
Registration Time 7-9 working days
Promoter Liability Unlimited Liability Limited Liability
Documentation
  • MSME
  • GST Registration
 Partnership Deed
  • LLP Deed
  • Incorporation Certificate
  • MOA
  • AOA
  • Incorporation Certificate
Governance - Under Partnership Act Act, 2008 Under Companies Act, 2013
Transferability Non-Transferable Transferable if registered under ROF Transferable
Compliance Requirements Income tax filing if turnover is more than Rs.2.5 lakhs ITR 5
  • FORM 11
  • FORM 8
  • ITR 5
  • ITR 6
  • MCA FILLINGS
  • AUDITOR'S APPOINTMENT
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