What is Public Limited Registration ?
Public Limited Companies are companies whose shares are traded in stock market or issues fixed deposits. For Public Limited Company Registration, the company must have minimum 3 Directors, 7 Shareholders and Maximum 50 Directors and need Rs 5 Lakhs of Paid up Capital. A Public limited company have all the advantages of Private Limited Company and the ability to have any number of members, ease in transfer of shareholding and more transparency. Public Limited Registration is done through Tax Shooter.
Choose Public Limited because
- More preference is given to public limited company in giving loan.
- By following compliance public limited company can list its shares on stock exchange.
- Shareholders can transfer their Shares with great ease.
- Limits the liabilities of its partners.