Valsen Corporate

India Public Limited Company

  • India Public Limited Company
  • A Public Limited Company in India is a corporation whose assets are wholly liable for the company‘s liabilities. Its shareholders are accordingly only liable to the extent of their respective contributions. A PLC may be formed for the carrying on of commercial or non-commercial purposes and may take any form. It is formed through the recording of its articles of association by a notary and their subsequent publication in the Official Bulletin.

    Key Features of India Public Limited Company

    India Public Limited Company

    Corporate Details

    General
    • Type of Entity

    PLC
    • Registered Office in India

    Yes
    • Registered Agent

    No
    • Access to Double Taxation Treaties

    Yes

    Share capital or equivalent
    • Standard currency

    Indian Rupee
    • Permitted currencies

    Any
    • Minimum paid up

    $1650

    Directors
    • Minimum number

    1
    • Local required

    Yes
    • Publicly accessible records

    Yes
    • Location of meetings

    Anywhere
    • Corporate directorship allowed

    Yes

    Members
    • Minimum number

    1
    • Publicly accessible records

    No
    • Corporate shareholder allowed

    Yes
    • Location of meetings

    Anywhere

    Company Secretary
    • Required

    Yes
    • Local or qualified

    Yes

    Accounts
    • Requirements to prepare

    Yes
    • Audit requirements

    Yes
    • Requirements to file accounts

    Yes
    • Publicly accessible accounts

    Yes

    Other
    • Requirement to file annual return

    Yes
    • Migration of domicile permitted

    No
    Tax treatment Corporate Tax for Indian Public Limited Company is 34%. Duration for set up the company Two months.      
  • Advantages of India Public Limited Company
    • Easy setup and recommended to Growing Startups.
    • Limited Liability for members.
    • More credibility as compared to others
    • Easily to raise funds from Investors
    The Valsen Advantage
    • Speedy, Efficient and consistent Services.
    • Relentless effort to obtain bank accounts.
    • Expert advice on structuring options.
    • Dedicated ongoing compliance support.