Public Limited Company

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A Public Limited Company (PLC) is a business entity that allows shares to be publicly traded on stock exchanges, providing greater access to capital and investment opportunities. It is governed by the Companies Act and requires a minimum of seven shareholders and three directors to operate. PLCs benefit from limited liability, enhanced credibility, and ease of fund-raising through the issuance of shares. However, they must comply with stricter regulations, including financial disclosures and annual audits. At AuditFiling, we offer end-to-end assistance in the registration and compliance of a Public Limited Company, ensuring a seamless and hassle-free process. Our experts guide you through legal formalities, documentation, and regulatory requirements, helping your business achieve corporate success with confidence.

operates under the Companies Act, requiring a minimum of seven shareholders and three directors, along with a statutory requirement for financial transparency and regulatory compliance.

Key Benefits of a Public Limited Company:

Limited Liability Protection – Shareholders’ liability is restricted to their shareholding, protecting personal assets.
Access to Public Funding – A PLC can raise capital by issuing shares to the public through IPOs and stock markets.
Enhanced Credibility – Public companies are perceived as more trustworthy, attracting investors and customers.
Growth & Expansion – The ability to raise large-scale funds supports business expansion and diversification.

Mandatory Compliance for a Public Limited Company:

  • Registration with the Ministry of Corporate Affairs (MCA)

  • Appointment of at least three directors

  • Regular financial audits and annual compliance filings

  • Annual General Meetings (AGMs) and disclosure of financial statements

  • Corporate governance and SEBI regulations (if listed on a stock exchange)

At AuditFiling, we specialize in providing expert guidance for Public Limited Company registration and compliance. Our professionals ensure a smooth and hassle-free process, from documentation to post-incorporation compliance. Whether you are setting up a new PLC or managing regulatory filings, we offer end-to-end solutions tailored to your business needs.

Get started today with AuditFiling – your trusted partner for corporate compliance and business growth!

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