What is the Functionality of Public Limited Company?
Public corporations allow limited liability to the owners and management. It shares with the public and has limited liability. The shares can be obtained by anyone nevertheless initial public offerings or through stock market trade. Public Limited Company Registration is also convenient. Kind of offerings is favorable in lift capital for the company.
What Is The Motto Of Establish a Public Limited Company?
The main motto of a public limited company will be to grow up and expand its profit for the shareholders to collect a good return on their expenditure.
What is The Drawback of a Public Limited Company?
It is costly to set up, but sometimes needed a minimum established cost of a minimum 5000 INR.
Which Document Need To Open Public Limited Company?
Verification of identity of all the shareholders and directors.
Evidence of address of all the directors and the shareholders.
PAN number is needed of all the shareholders and directors for establishment.
Utility bill of the suggested office that is put forward registered office for the company.
Which is The Minimum Capital We Have Needed for Registration For Public Limited Company?
At least paid capital of Five lakhs is needed.
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