Perpetual Existence
A company continues to exist irrespective of the status of the owners.
Public Limited Company Registration
Public Limited Company is company which is always opt for where a huge investment is desired from public. Public company can go for the listing of its share at stock market as it has no limit on its number of shareholder and can fetch from public through IPO.
Timeline - 25 Working days
Public Limited Company
Public limited company is the largest form of business in India. A public limited company can be listed on stock exchanges and can thus invite funds from public. Also, there is no restriction as to the maximum no. Of shareholders in a public limited company.
Advantages
Limited liability
A shareholder is liable only to the extent of unpaid amount on his holding.
Separate Legal Identity
A company enjoys separate legal identity unlike partnership firms.
Greater borrowing power
Companies have better avenues for borrowing funds unlike other forms of business.
Disadvantages
Loss of control
Control over the company’s affairs seizes to exist in few hands.
Strict legal formalities and compliances
Strict legal formalities and regulations are to be complied with by public limited companies.
Sharing of profits
Profits of the company are shared amongst many shareholders thereby decreasing each person’s share.
Public Limited Company
We Serve Everywhere
Thewealthbridge.in is web portal of the Virutchamwealth Bridge Private Limited is one stop business setup and consulting company, managed by specialized team of Business Analysts,Company Secretaries, Chartered Accountants, Corporate Lawyers and Financial Professionals company headquartered in Vellore,Tamilnadu, India. Having known for our quality of services, delivering the projects on time, we have clients spread across the globe
Step 1. Income tax
We will provide income tax return preparation, Revised return, Responding to Department notices and solving other Income Tax related issues.
Step 2. Business Licenses
Our Professionals Will help you in getting your business licenses and Business licenses necessary for smooth running of businesses
Step 3. Financial Services
we will Provide Funds for both personal and Business. Our funding system gives a credit line facility, enabling you to expand your business to new heights
Step 4. GST Returns
We will make your business to GST Compliance. Returns are required to be filed digitally online through a common portal to be provided by GSTN
What are the Documents required for Public limited company registration?
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What Includes in this package?
- Verification of Documents
- DSC and DIN for 3 Directors
- Name approval and ROC fees
- Drafting MOA & AOA
- Following until Certificate is allotted
- Applying PAN & TAN
Process
What is the process for Private Limited Company Registration Online?
Applying DIN&DSC
DSC and DIN for all directors are required.Affidavit and declaration by first subscribers and Directors should be prepared
Name Approval
4-6 proposed names should be provided that should be unique and suggestive of company business.
Document Submission
Duly filled Application along with required documents should file with the RoC.
Company Registered
Once your Company is Incorporated. Incorporation Certificate will be issued
Public Limited Company
FAQ
A public limited company is required to have minimum 7sharehodlers.
ID proof, Residence proof and PAN card of all the partners along with a Partnership deed signed by all the partners.
Only a registered Partnership firm can file a suit in any court against the firm or other partners for the enforcement of any right arising from a contract or right conferred by the Partnership Act. A Registered Partnership firm can claim a set off or other proceedings in a dispute with a third party.
A partnership deed is a written agreement entered into by all the partners of the firm which specifies the terms under which partnership is to be carried on.
Tax audit under Income Tax Act is required for only few assessees.
There is no minimum capital required to start a partnership firm. A partnership firm can be started with any amount of capital.
To open a bank account for a Partnership firm, a registered Partnership deed along with identity and address proof of the Partners should be provided.
A partner cannot transfer his interest in partnership to an outsider without the consent of all other partners.
Yes. A sole proprietorship concern can be converted into LLP or Company by following procedures laid down in respective Acts.
A partner must be an Indian citizen and resident of India.
About Wealth Bridge
We Help You To Form Your Company In A Simple Way Wealth Bridge Will Making More Possibilities which aims at providing much-needed funds to businesses across the trading and service industry
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Head Office
2nd Floor, #23, 8th East Main Road
Gandhinagar, Katpadi, Vellore
(+91) 416 2241199
(+91) 86677 53901
Branches
ARAKKONAM OFFICE
# 10/1, Thiruthani High Road ,
Upstairs to Central Bank ,Jothi Nagar,
Arakkonam , TamilNadu - 631003
Phone:+91 6381184522 , +91 8012747723.
RANIPET OFFICE
No 126, MBT Road, Mahaveer Complex,
First Floor, Muthukadai,
(NearDarling bakery) Ranipet - 632401
Phone : +91 417 2295006 +91 86675 42148