Public Limited Company Registration Online in Uttar Pradesh

Get your Public Limited Company Registration done with StartupsFiling

Do not delay your business growth. Welcome to StartupsFiling, your trustworthy and reliable source for services related to Public Limited Company registration pan India. Join StartupsFiling on the transforming journey towards business success, where our approach to Public Company Limited registration services pan India combines innovation with competence. 

According to the Indian Corporate Law, by incorporation any Public Limited Company in Uttar Pradesh, the company’s owners will be acknowledged as unique legal entities. The owners are known as Stakeholders/Shareholders. Investing in a Public Limited Company can be done via the primary/secondary market.

Pioneers in the corporate solutions space, we redefine registration’s complexities while establishing new benchmarks for effectiveness, innovation, and customer happiness. 

Come along with us as we completely transform the Public Limited Company registration by providing not just a service but also a partnership built on honesty, creativity, and a steadfast commitment to your success. As you go out on this thrilling voyage of entrepreneurship and expansion, let StartupsFiling serve as your beacon of guidance. 

What are the advantages of Public Limited Company Registration in Uttar Pradesh?

If you have decided to incorporate your business structure as a Public Limited Company in Uttar Pradesh, then let us walk through all the advantages of Public Limited Company registration in Uttar Pradesh:

• High Credibility
• Tax Efficient
• Limited Liability
• Additional Capital
• Expert Board of Directors
• Business Growth and Expansion
• Easy Share Trading
• Risk Spreading

1. Separate Legal entity: A Public Limited Company is given a separate legal entity from its stockholders. A PLC has a permanent existence and can have its PAN, bank account, approvals, contracts, licenses, assets, and obligations.
2. Multiple avenues of funding: A Public Limited Company raises capital from financial institutions as well as from private investors. Additionally, preference shares, debentures & equity participation may be used to raise capital.
3. Easy transferability of shares: The ease with which a shareholder can transfer their shares to other entities, whether they be individuals/organizations located in Uttar Pradesh. To guarantee the company’s continued existence, the director of a company can also be replaced.
4. Limited Liability: A Public Limited Company ‘s shareholders are protected against unlimited liability. If there was an unforeseen liability, it would exclusively apply to the corporation and have no bearing whatsoever on the shareholders.
5. Growth opportunities: The organization offers enormous development opportunities due to its large financial base, especially for open-constrained organizations.
6. Management: The Board of Directors oversees the company. The investors choose this board of directors.

Some other benefits that can be enjoyed by entrepreneurs are:

• The company has all the opportunities to raise capital through share sales
• Capital raised can also be used to pay off debt(s)
• Listing on the stock market can increase the reputation and prestige of the company reputation
• Public records can make it easier to attract business partners
• A sense of transparency is built by the Public limited companies that can improve customer perception of the brand

What Are the Benefits You Get Out of Our Services?

With our services for Public Limited Company registration in Uttar Pradesh discover the multitude of advantages that awaits you when you choose to partner with StartupsFiling. Let us delve into various reasons why trusting us with your Public Limited Company registration in Uttar Pradesh is the smart choice for your business’s long-term success: 

• Comprehensive Assistance: At StartupsFiling, we offer comprehensive assistance throughout the Public Limited Company registration process. From initial documentation to final compliance checks, our team of consultants will ensure you experience a smooth and efficient registration journey.
• Personalized Guidance: Getting tailored guidance focused on your specific company requirements. Our team of experts takes the time to understand all your Public Limited Company registration needs and your objectives and then develop tailored solutions to match your individual needs, therefore ensuring optimal outcomes.
• Expertise and Experience: Trust our knowledge and experience in negotiating the complexities of Public Limited Company registration in Uttar Pradesh. With years of industry knowledge & a dedicated team of experts, we ensure a smooth registration procedure from starting to the end.
• Integrity and Transparency: By partnering with us, you can be sure that your Public Limited Company (PLC) will be run with the highest level of integrity and transparency. We will ensure that every aspect of your company aligns with our vital principles to build an ecosystem of integrity & trust.

Select a partner who is dedicated to the resilience, expansion, and long-term success of your Public Limited Company (PLC) rather than just compliance. Allow us to be the driving force behind your Public Limited Company registration process in Uttar Pradesh, where every aspect is managed by skilled professionals and every move is directed by a dedication to efficiency.

Know all about Public Limited Company registration in Uttar Pradesh

In this corporate world, companies operate under various legal structures, each carrying its own set of Pros and Cons. One such popular business structure is a Public Limited Company. Public Limited Company registration provides company’s shares to the public, allowing anyone to become a shareholder & participate in its ownership. 

The capacity of a Public Limited Company in Uttar Pradesh to obtain substantial capital is one of its main advantages. A PLC can draw in a variety of investors by making its shares available to the general public, including individual shareholders, institutional investors, and even possible strategic partners.

What are the Eligibility Criteria for Registering a Public Limited Company in Uttar Pradesh?

The Companies Act of 2013 specifies a number of guidelines that must be followed to establish a Public Limited Company in Uttar Pradesh. Here is the comprehensive checklist of eligibility criteria for registering a Public Limited Company in Uttar Pradesh. 

Let us have a look at these criteria for Public Limited Company registration and make sure you comply with each one of them to form a Public Limited Company: 

• A minimum of seven (7) shareholders
• A minimum of three (3) Directors
• Minimum share capital as prescribed by the law.
• DSC (also known as Digital Signature Certificate) of one of the Directors of the company.
• DIN (also known as Director Identification Number) for the Directors.
• The application is submitted to the ROC along with the necessary documents like MOA, AOA, a duly filled form DIR-12, Form INC 7, and Form INC -22.
• Once the ROC approves the company, then apply for the business commencement certificate.

What is the process of registering a Public Limited Company in Uttar Pradesh? 

If you are planning to start a business that requires a large amount of capital, then registering your company as a Public Limited Company (PLC) may be the right choice. Here is the process of registering a Public Limited Company in Uttar Pradesh. 

Let us provide all the details for a step-by-step process for Public Limited Company registration in Uttar Pradesh.

Step 1: Obtaining a Digital Signatures Certificate (DSC) for the proposed directors of the firm.

Step 2: Obtain a Direct identification number (DIN) for the proposed directors. 

Step 3: Name approval, this is what companies look forward to most of the time, submit an online application to the Registrar of Companies (ROC) with your three proposed suggestions for its name.

Step 4: Drafting MoA (also known as Memorandum of Association) And AoA (also known as Articles of Association) and submitting it to the Registrar of Companies (ROC) for approval.

Step 5: Filling up the incorporation documents, which includes 

Step 6: Finally, after careful inspection, ROC will grant you a Certificate of Incorporation

What Documents Needed for Public Limited Company Registration? 

Here is the comprehensive list of all the documents that you require during the process of Public Limited Company registration in Uttar Pradesh. We urge you to meticulously review this checklist to ensure a smooth Public Limited Company registration process in Uttar Pradesh:

Documents of the Promoters

• A copy of PAN Card
• A copy of Adhar Card
• Passport Size Photograph
• Address Proof (Any Utility Bill will work; it should not be older than 2 months)

Documents of Registered Office

• A copy of proof of address (Any Utility Bill with the Company’s name and address, it should not be older than 2 months)
• If you have rented the Office premises -No Objection Certificate from the owner of the premises

Legal Drafts

• Memorandum of Association (MOA)
• Articles of Association (AOA)
• Consent of the director(s) under DIR-2

Important Pointers for Public Limited Company Registration in Uttar Pradesh 

Learn all you need to know about Public Limited Company registration in Uttar Pradesh by carefully considering the below points.

• According to Section 7(4) of the Companies Act, all information and papers submitted at the office for incorporation must be kept up to date and preserved by the company’s members.
• According to Section 173 of the Companies Act, the first board meeting must take place within 30 days of the company’s registration date. Additionally, notification of the same must be sent to each member at least seven days before the scheduled meeting.
• A Public Limited Company may issue shares to its subscribers and transmit the share certificates (following Section 56(4)(a) of the Companies Act) to the subscribers within two months of the company’s incorporation date, according to Rule 5 of the Companies (Share Capital and Debentures) Rules.
• All Public Limited Companies must register a bank account under their name and verify if they have received the subscription money.
• Under the Indian Stamp Act of 1899, a Public Limited Company is obligated to pay stamp duty on all the shares that it issues.
• All Public Limited Companies are required by Section 118 of the Companies Act to maintain a record of minutes within 30 days following the conclusion of such a meeting.
• Following Section 139(6) of the Companies Act, public limited companies must designate their first auditor at a board meeting no later than thirty days following their incorporation date.

Annual Compliances for a Public Limited Company in Uttar Pradesh

Here we have provided a detailed list of all the compliances post-Public Limited Company registration in Uttar Pradesh. We urge entrepreneurs to review this diligently as adherence to these regulations is very important to uphold the integrity of your operations also, they contribute to your sustainable growth. Let us walk you through:   

Unlisted Company

1. Board Meetings: Section 173 of the Companies Act of 2013 mandates that an unlisted Public Limited Company in Uttar Pradesh hold a minimum of four (4) board meetings.
2. Appointment of a Cost Auditor:  Following Section 148(3) of the Companies Rules, 2014, as well as Rules 6(2) and 6(3A), the auditor must be appointed. CRA 2 needs to be filed with this form. It is important to note that the auditor must be initially appointed within 30 days following a board meeting or, if sooner, 180 days into the fiscal year. If a casual vacancy occurs, it must be filled within 30 days.
3. Return of Deposits: According to Rule 16 of the Companies (Acceptance of Deposit) Rules,2014, returns of deposits must be sent using Form DPT 3 to the ROC that has jurisdiction over the company.
4. Appointment of CFO or CS or CEO:  The appointment of the CFO, CS, or CEO must occur within 30 days of the AGM, or within 6 months in the event of a casual vacancy, as per Section 203 read in conjunction with Rules 8 and 8A of the Companies Rules, 2014. You are required to file Form DIR 12 or Form MGT 14.
5. Annual General Meeting:  As per the provisions of Section 96 of the Companies Act of 2013, an AGM must be held in order to declare a dividend.
6. CSR Committee:  The CSR Committee is required to meet four times, with a minimum of 120 days elapsed between each meeting. The purpose of these sessions is to discuss and approve the CSR activities. The Companies Act of 2013 in conjunction with the Companies Rule of 2014 and the Secretarial Standard govern this.
7. Director’s Disclosure:  In accordance with Rule 9(1) of the Companies (Meetings of Board and its Powers) Rules, 2014 and Section 184(1) of the Companies Act, 2013, directors must disclose any financial interest in the company via Form MBP 1.

Listed Company

1. Annual General Meeting:  Section 121(1) of the Companies Act, 2013 mandates that the Annual General Meeting must take place. Form MGT-15 needs to be submitted following the AGM.
2. Financial Statements:  In accordance with Rule 12(2) of the Companies (Accounts) Rule, 2014 and Section 137 of the Companies Act, 2013, the Company’s Financial Statements must be filed. The balance sheets, cash flow statements, director’s statement, director’s report, auditor’s report, and the combined financial state—which is generated using the XRBL (Extensible Business Reporting System)—combine to form the financial statement. To file this, use Form AOC 4.
3. Annual Return:  In accordance with Rule 11(1) of the Companies (Management and Administration) Rules, 2014 and Section 92 of the Companies Act of 2013, this must be filed. The Annual Return, which must be submitted in Form MGT7 to the appropriate ROC, includes details on the directors and shareholders.
4. Financial and Director’s Report: In accordance with Section 173 of the Companies Act as read in conjunction with Secretarial Standard 1, adoption of the financial and director’s report is required. Form MGT 14 is used for filing.
5. Income Tax Returns:  This must be submitted in form ITR 6 to the Tax Department by September 30th of the current fiscal year, at the latest.
6. Secretarial Audit Report:  In accordance with Rule 9 of the Companies Rules, 2014 and Section 204 of the Companies Act, 2013, submitting the secretarial report is mandatory. It is necessary to file this using Form MR 3.
7. Other compliances:  These comprise the guidelines and policies established by SEBI. The 2015 regulations must be followed by the listed companies.

Our Package Inclusions for Public Limited Company Registration in Uttar Pradesh

Navigating legal compliance requirements is essential for any firm to grow sustainably in today’s evolving business market. At StartupsFiling we provide thorough support that is customised to match the unique requirements for Public Limited Company registration in Uttar Pradesh. 

Come on board with us to experience a comprehensive service tailored to ensure that your Public Limited Company registration in Uttar Pradesh is seamless and legally compliant. Let us walk you through our package for more clarity:

1. Preparation of registration documents: The first thing that comes is that gathering and producing detailed and legally valid registration documentation which is very crucial for commencing business operations in Uttar Pradesh. After carefully analysing the needs of your company, our team of experienced professionals meticulously drafts the required documentation, such as incorporation papers, memoranda, and articles of organization.
2. Filing with regulatory authorities and regular follow-up: Documentation filing with regulatory bodies can be a difficult and time-consuming procedure. We handle every aspect of submitting on your behalf, including liaising with regulatory bodies, and ensuring that your submission is made on time. To expedite approval procedures and handle any problems or concerns raised by authorities, our staff also follows up.
3. Annual filing and reporting: Annual filings and reporting are necessary to comply with rules. By ensuring that all necessary documentation is precisely and on time submitted to regulatory agencies, we streamline this process for you and lower the risk of fines or other legal complications.
4. Regulatory compliance checks: Keeping up with regulations is a continuous effort that needs to be regularly reviewed and assessed. To evaluate compliance with relevant rules and regulations, our in-house experts will carry out thorough compliance inspections. We find any areas of non-compliance and suggest corrective actions to successfully mitigate all the risks.

Do not just miss out on growth opportunities, initiate your Public Limited Company registration in Uttar Pradesh with StartupsFiling today!