A limited liability company could offers share to the general public. Its stock can be acquired by anyone, either privately through (IPO) initial public offering or via trades on the stock market. The intention is to raise money from general public by distributing some shareholding.
|1 It can raise public funding by issuing shares and debentures.||1 More statutory compliance under Companies Act and other law if applicable.|
|2 Risk, Losses, Debts are limited to the company assets..||2 Higher incorporation cost as compare to other form of entity|
|3 Shareholders can sell/transfer their shares freely.||3 Decisions take longer time or sometimes may be disagreement.|
|4 Separate legal entity so it can owe property in the company name.||4 Stringent regulatory requirement and more transparency needed as public funding involve in the company.|
Going for Public Limited Company is a good decision if want to raise money and spread risk of ownership among a large of shareholders. Additional opinion please contact with our advisor at zero fee.
|1 Copy of PAN Card of Shareholders and Directors||2 Copy of Aadhar / Voter ID / Passport / Driving License/ etc. of Shareholders & Directors|
|3 One passport size photo of both Shareholders and Directors||4 Copy of Utility Bill for registered address of Business.|
|5 Additional Details – Suggested CompanyName's, Objects of Memorandum, Shares Ration, etc.|
Generally it takes 25-30 Days for registration. Name will be granted in 2-5 Days and rest for registration of Company.