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Public Limites Company Registration
  • As per the new Companies Act, 2013 a Section 8 company has to be registered as an normal Private Limited Company.
  • First the members of the company, which should be minimum two has to obtain DSC and then DIN which is mandatory.
  • The draft Constitutional Documents of proposed Company i.e. Memorandum of Association (MOA) and Articles of Association (AOA) is to be drafted and then filed with the RoC along with the forms.
  • The last page of the MOA and AOA must contain details of the subscribers to the Memorandum and Articles and the number of shares to be subscribed by each. This last page is required to be executed by subscribers..
  • In the case of foreign subscriber the above documents need to be consularised before the Indian Embassy in the respective Country. In case of wholly owned subsidiary, a copy of the Board resolution of Holding Company approving the investment in the proposed Indian Company and authorizing a person to sign the incorporation papers on behalf of the company, duly attested by the officer of the Indian Embassy in the foreign country where the registered office is situate is also required to be attached with the papers.
  • A form INC-12 has to be filed with the ROC for the application of license.
  • After receiving license approval from the Central Government, Form INC-7 and DIR-12 has to be filed in order to obtain Certificate of Incorporation.

Requirement For Formation Of Public Company

Apply for DSC and DIN

The first step in registering your company is to apply for DSC (Digital Signature Certificate) Since all the forms are uploaded on-line any one of the Director should obtain DSC. Secondly, obtaining DIN for the Directors. It is a unique eight digit number, which is allotted to every Director and has lifetime validity

01.

Name Reservation

After completing first step, next comes your company name. If the proposed company name is more than one, then we have to apply for Name reservation. Maximum we can apply with six names and in that any one name will be approved by the ROC.

02.

Submission of Forms

When your name gets approved, immediately we will draft the necessary docs such as LLP Agreement and other incorporation docs. After your confirmation, we will submit the forms along with the documents.

03.

Certificate Of Incorporation

Certificate of incorporation will be released when the Form is approved. Once the certificate gets released from the moment onwards your company is legally formed and you can start running your business. After the incorporation, we will apply for your Company PAN and TAN.

04.

Documents Required For The Process

Scanned Copy of the Following Documents has to be Provided by the Promoters of the Company:
  • PAN card copy with Self attestation.
  • Voter Id copy or Passport copy or Aadhar card copy or Driving license copy with self attestation.
  • Latest Bank account statement or Mobile /Telephone bill or Electricity Bill (not older than two months)- no need for self attestation.
  • Latest passport size photo in jpg.
  • For the registered office proof of the company, if the property is rented/ leased, then copy or rental agreement or lease agreement.
  • Copy of Electricity bill or Property Tax receipt or Water Tax receipt not older than two months.
  • Copy of No objection cert ificate from the owner of the property.
  • If owned property, copy of Sale Deed and Electricity bill is sufficient.
  • In case of NRI or Foreign national, Passport copy has to be notarized at the Indian Embassy of the particular country.
  • Utility bill has to be provided of the particular country where the NRI or Foreign national resides and it should be notarized.

Advantages of One Person Company

Renowned Form Of Business

Though the concept of Limited Liability Partnership has been recently introduced in India but it is very known concept in other countries of the world especially in service sector. In a normal partnership firm, there is always a threat of being liable to the act of your partner, but in case of LLP, there is no such threat.

Body Corporate

Just like a Company, LLP is also body corporate, which means it has its own existence as compared to partnership. LLP and its Partners are distinct entity in the eyes of law. LLP will know by its own name and not the name of its partners.

Raising Money

OPC form of company is very easy to manage. Only few filings are to be made with ROC and they are exempted from conducted Annual General Meeting. The Board Meetings can be conducted for every six months.