Incorporation of Public Company
A public limited company can be registered with minimum 3 directors and 7 subscribers. There is no bar on the maximum limit of the members. This type of entity is beneficial in raising capital from public at large, transfer of shareholding and more transparency. A public company has to follow various stringent regulatory frameworks as compared to private limited company. The cost of incorporation is more as compared to other legal entities and has a benefit of going listed on various platforms. Some of the features are:
Features
Separate Legal entity
Limited Liability
Accept deposits from public
Fund Raising
*Taxed @ 30% plus cess
For incorporation related queries contact at auindiacs@gmail.com
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