Public Limited Company Registration In Hyderabad

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Public Company

Success will not be determined by the single person capability in a firm. Success will be purely depends on the team which we build quickly. Employees are actually a greatest asset where we can exhibit and utilize their talents in the growth of a business. When contemplating our business to the public, our stocks will be traded obviously to the public. Transfer of shares also possible in the public companies. We could scrutinize the shares and debentures which we are transferring to the public. Inviting the public to subscribe our shares will eventually help to enlarge the business.

Characteristics of Public Company

It requires minimum of seven members to form a company.

A public company only can commence a business after getting a legal certificate of incorporation.
Public company needs to answer its shareholders for each and every change which are made in the company.
Additionally, generating the revenue is quite easy through selling the shares in a market place..
It is necessary to get approval from the government for all the operations of a company like management action, financial move and other major decisions.
There is no restriction in the volume of the members in a company. It is subjected to all the provisions which is mentioned under the companies act, 1956.
It can easily raise the funds by through selling the securities. Investors will be more in the public company since it has less risk and maximum potential to enjoy the benefits.

Documents Needed For Public Company Registration

Documents

Here we have a list of important documents that need to be produced for incorporating a company:
Director Identification Number of the director
Digital Signature Certificate
Passport sized photographs of director and shareholders.

Proof of identity for Indian Nationals:

PAN card:

This is an important one for Ministry of corporate affairs to communicate the company or its director through that name which is mentioned in that PAN. So if there is need to change a name for any personal reasons, you need to change before the incorporation of a company.

Address proof:

Self attested copy of address proof of the director is needed and the name should be same as like it is mentioned in the PAN.
The list of things will be considered as an address proof, they are as follows
• Ration card
• Driving license
• Passport
• Voter identity card
• Bank statement
• Electricity bill
• Telephone bill
The above mentioned address proof and identity proof for directors and also all the shareholders in a company should also provide.

Proof of identity for foreign nationals:

• Since the person is a foreign national, passport is an important one to consider, if the language is not in English it must be translated and it should be notarised.
• The address proof should be submitted; there it needs a clear mention of director name which is mentioned in the passport. The current address need to be there.
• The following documents will be taken as an address proof.
1. Driving license
2. Residence Card
3. Bank statement
4. Identity which should be a government issued one, if it is in foreign language, later it can be translated and notarized.

Proof of the registered office:

The valid one will be taken as a proof of the registered office. This need to be produced within the 30 days of incorporation or else you can produce during the registration process itself.
• The registered name of the company documents or the rental agreement copy of the company can also be produced.
• No objection certificate from the landlord i.e., the owner of the property for the registered office which is in his/her premise and that person need to submit his/her identity and address proof.
• Copy of Sale deed or property deed need to be produced.

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