Public Company Registration | Bangalore Consulting Company

 Public Company Registration | Consultbcc

It is the type of entity chosen in case of those companies intending to issue securities through Initial Public Offer (IPO) and raise funds from public. It is most transparent form of business and it mandates every key disclosure. It is an ideal mode for acceptance of Foreign Direct Investment (FDI)

Only Public Limited Companies can accept Deposits from public under Companies Act, 2013.

Time duration:14-20 working days.

Documents required for registration

1. PAN of all proposed directors and shareholders
2. Address Proof of all proposed directors and shareholders (Voter ID/Passport/Driving License/Aadhar)
3. Passport size photographs of all proposed directors and shareholders – 3 Nos
4. Registered Office Address Proof- Electricity bill and Rental Agreement/ownership proof (Property Tax Paid Receipt of the latest period)
5. Copy of Mobile bill, telephone bill, electricity bill or bank statement of all proposed directors and shareholders with the present address

Steps involved for registration

1. Incorporation documents
2. Digital Signature Certificate
3. DIN- Director Identification Number
4. Incorporation form
5. Certificate of Registration
6. Commencement certificate
7. PAN & TAN

Compliances for Private Limited

1. GST Registration.
2. Filing Income Tax Return of Company on or Before 30th September every year.
3. To maintain proper Books of Accounts.
4. To Maintain Minutes Book and all statutory registers
5. To comply with SS-1 and SS-2
6. Filing of form MGT-7, Form AOC-4/AOC-4 XBRL every Year& ADT-1.
7. No intimation required to be given to ROC in case of First Auditors. Form ADT 1 to be filed within 15 days of 1st AGM of the Company

NOTE

1. Limit on Number of Directors (Minimum 3, Maximum 15)
2. Limit on No of Promoters / Share Holders (Minimum 7, Maximum No limit)
3. Minimum One Director Should be Resident in India
4. PAN is Not Required in case of Foreign Residents