Public Limited Company Registration in Bangalore

Public Limited Company Registration in Bangalore–  Section 2(71) of the Companies Act 2013 defines Public Limited Company Registration and has made it compulsory. Any company that is not Private falls under this act and shares the minimum per capital of INR 5 Lakhs. Bangalore is an IT hub of India that offers an initiation of an impressive workforce. Public Limited Company Registration in Bangalore provides the benefits of attracting a professional workforce. 

Company registration is of various types. One Person Company, Limited Liability Partnership, Public Limited Company, and the Private Limited Company. Prakasha and Co. will shed light on the Public Limited Company Registration in Bangalore. 

Requirements of Public Limited Company Registration in Bangalore

Prakasha and Co. is a team of experts offering authorized legal services. Registration of a company is a beneficial act. For this purpose, you are required to follow some norms, rules, and regulations. Underneath are the objectives you have to fulfill to get your company registered under the Act Public Limited Company Registration in Bangalore.

• The company is legally registered when you have a unique name which means the name you own is not under any other company’s trademark. 
• Another essential factor is that in a public registration company, the minimum number of directors should be 3.
• Nonresidents of India can also be the director but in collaboration with at least one Indian National. 
• The digital signatures are compulsory for the directors and the stakeholders. 
• Memorandum of Association (MOA) and Articles of Association (AOA) are compulsory and the company must have a registered office in Bangalore. 

Registration Public Company in Bangalore

For a safe and secure process, it is important to follow a legal process of registration. Prakasha and Co. in the matter can help.

The Public Limited Company Registration in Bangalore is entirely online. You have to mention the minimum share acquired by each of the company’s directors and after this, the further processes are carried out. A Director Identification Number has to be obtained and no director needs to be part of the stakeholder group. On the other hand, the director must be an individual and not a party of any LLP or financial institution. 

Since company registration is an online process, support from the legal agent is required. The legal documents have to be mentioned on the MCA website, and the Central Registration Centre (CRC). After you finish the initial requirements of the forms, the Office of Registrar of Companies (ROC) issues the digital signatures. The stallholders get the opportunity to varsity when the digital signature in their name is correct or not. In the state of Karnataka, the Registrar of Companies, Bangalore (ROC, Bangalore) takes the responsibility of registering the authority for the company, LLP, and regulation.

Process of Public Limited Company Registration 

The Public Limited Company Registration in Bangalore requires a process. We at Prakasha and Co. help you identify the details of it. You can perform it on your own or with the help of your executives. 

• Apply for the DSC and DIN of all directors.
• File Part-A of the SPICe+ form in the name of the company to get it registered and reserve your name on the MCA website. 
• Fill out Part B of the SPICe+ form with the details about the company. 
• Filing the eMOA and eAOA.
• Step further by filing the details in the AGILE-PRO form for opening a bank account and registering EPFO, ESIC, GSTIN, and professional tax.
• Now you have to upload all the essential documents required.  
•  Submit the SPICe+ form on the MCA website with an attachment of the DSC of the proposed director and the CA of the company.
• Follow up with the final payment for the company registration fee and the ROC stamp duty available on the MCA website and finalize it with the challans.
• When the submitted documented will be proper, your application will be submitted by CRC to ROC.

Finally, the ROC will register your company with the following.

• Company Incorporation Certificate.
• Company Permanent Account Number (PAN).
• Tax Collection and Deduction Number (TAN).

Documents Required for Public Company Registration in Bangalore

For the Public Limited Company Registration in Bangalore, you are required to have some essentials which are mentioned below. 

1. PAN Card

• PAN card details of every director and shareholder.

2. ID Proof ( Of every person who is a part of the company)

• Aadhaar card.
• Voter ID card.
• Driving license.
• Passport (for foreign nationals).

3. Address Proof (of the official of the company)

• Bank account statement.
• Latest electricity, water, or internet bill.
• Latest mobile bills (past three months)
• Resident card, bank statement, or driving license (for foreign nationals).

4. Proof of Registered Office Address (Any one of the following)

• Electricity, gas, internet, or water bill.
• Rental agreement and NOC from the owner (if on a lease agreement)
• Latest property tax receipts.
• Sale deed or property registration deed (if owned)

Contact Prakasha and Co.

Connect with Prakasha and Co. for more details on the Public Limited Company Registration in Bangalore.
Note- we have only mentioned the image, the actual may vary when performed in reality. Therefore it is suggested to take the help of the legal experts. 

Call- 07019827351

Email- crp@prakashaandco.com