From strategic legal restructuring to enhanced public credibility, we architect a corporate transformation that unlocks broader access to capital markets and reinforces stakeholder trust.
Convert Your Private Limited Company into a Public Limited Company with FOXTAX — Seamlessly, Securely, Strategically.
- Convert your Private Limited Company into a Public Limited Company with expert support
- Affordable & transparent pricing
- Expert CA & compliance team
- Online process | PAN-India service
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What It Means to Become a Public Company
Transforming your Private Limited Company into a Public Limited Company enables your business to get wider investment, better liquidity, and visibility on the market. A public company is normally allowed to offer its shares to the public with public subscription and usually it attracts institutional investors too, thereby improving visibility and financial flexibility. Changing the name is a strategic move for expansion of business, and getting global exposure by a public company.
Why Businesses Choose to Convert
- Open the doors to Public Funding – You can raise funds by issuing shares to the general public to help finance major projects.
- Strengthen Your Market Position – Public companies are held as high value in credibility by investors and lenders and because of this, your brand image can be enhanced.
- Unlimited Shareholders – Unlike how it is in private companies, there are no upper limits for public shareholders and this way a more diverse shareholder base for you!
- Open Up new areas of Growth – Helps opening-up of major markets via joint ventures, mergers & acquisitions or other big corporate projects.
- Freely Transfer Shares – Shares of the company are transferred freely, thus increasing liquidity and making investments easier to your investors.
Note: When it comes to compliance requirements, governance standards and disclosure obligations, public companies are under more scrutiny and are governed to a higher standard by more rigorous laws.
Eligibility Requirements
To change a private company to a public company you should make sure that:
- There are at least 7 members and 3 directors
- The company is statutorily compliant with minimum paid-up capital, and has made necessary changes to the company documents
Step-by-Step Conversion Process
Board Meeting and Planning Changes of Memorandum & Articles
Organize board Meeting (Section 173), as per law, to approve the change of the nature of the company and submit the changes to the Memorandum of Association and Articles of Association.
Meeting of Shareholders for Approval
Fresh notice of Extraordinary General Meeting of shareholders shall then be served and special resolution for the shareholder approval shall be obtained, by way of vote of at least 75% of the shareholders.
Submission to the Registrar of Companies (RoC)
File Form MGT-14 within 30 days of passing the special resolution. Send Form INC-27 to the Companies Registry containing your request for conversion with documents like the revised MOA/AOA, the list of directors and Shareholders, and the resolutions.
ROC Examination & Certificate of Incorporation
The Registrar of Companies examines the necessary submissions. If all the forms are in order, the registrar brings a Certificate of Incorporation to the company to indicate its recognition as a public limited company.
Actions after conversion
All the statutory documents like the agreement signed, contracts etc. The letterhead and the PAN/TAN must be updated to indicate the new public status. The post-conversion compliance has to be followed very strictly for making the transition smoother.
Main Effects after Conversion
Licenses and registrations do not change ownership and you may have to make new applications. Credits which were due or payments made before the conversion can still be claimed, but debts or obligations after the conversion will be managed by the LLP.
Step-by-Step: How to Convert a Partnership into an LLP
LLP Name Choice and Reservation
Go to the MCA portal to file form RUN-LLP by which the LL name can be reserved. It is essential that the selected name contains either “LLP” or its full form “Limited Liability Partnership.” To confirm the approval, you have to act within three months from the date of the name approval.
LLP Registration Document Preparation
Fill Form fiLLiP with:
- Partner`s consent
- Registered office address Proof
- Digital Signatures & all partner Identity/Proof of Address/Photo
- Existing Partnership Particulars
Conversion Form filing (Form 17)
Attach necessary papers:
- Chartered Accountant – certified assets & liabilities statement
- Creditors` list with their consents
- Statement of declared solvency
- The firm’s Income Tax return for the latest financial year
- Certify copies of partnership deed and firm registration, if applicable
Certificate of Incorporation
In case your Form 17 gets the green light of the Companies House, you`ll instantly be handed a LLP Certificate, i.e. your new business card.
Registrar of Firms notice
The firm`s registrar shall be informed within fourteen days via submitting to them Form-14.
LLP Partnership Agreement Filing
Fill Form LLP-3 with the LLP agreement document within 30 days of incorporation. The partnership firm has the advantage of being a legally recognized firm as the LLP takes over all property obligation entitlement, and commitments after the partnership dissolution.
Public Limited Company Registration Packages
Select a suitable package based on you and your business. Each one comes with expert advice and an easy, hassle-free online registration procedure.
Starter
Packages starting from
₹ 27,999 +Govt. Fee
(All Inclusive)
- 7 Digital Signature Certificates
- 3 Director Identification Numbers
- Name Approval
- Stamp duty on INR 1 Lakh Authorized Capital
- Company Incorporation using SPICe+
- Copy of e-MOA & e-AOA
- e-PAN
- e-TAN
- ESIC Registration through SPICe Plus
- PF Registration through SPICe Plus
- Bank Account opening (feature) through SPICe Plus
Advanced
Packages starting from
₹ 29,999 +Govt. Fee
(All Inclusive)
- 7 Digital Signature Certificates
- 3 Director Identification Numbers
- Name Approval
- Stamp duty on INR 1 Lakh Authorized Capital
- Company Incorporation using SPICe+
- Copy of e-MOA & e-AOA
- e-PAN
- e-TAN
- ESIC Registration through SPICe Plus
- PF Registration through SPICe Plus
- Bank Account opening (feature) through SPICe Plus
- MSME Registration
- GST Registration
- INC 20A
Premium
Packages starting from
₹ 44,999 +Govt. Fee
(All Inclusive)
- 7 Digital Signature Certificates
- 3 Director Identification Numbers
- Name Approval
- Stamp duty on INR 1 Lakh Authorized Capital
- Company Incorporation using SPICe+
- Copy of e-MOA & e-AOA
- e-PAN
- e-TAN
- ESIC Registration through SPICe Plus
- PF Registration through SPICe Plus
- Bank Account opening (feature) through SPICe Plus
- 1st Income Tax filing upto turnover of Rs. 20 Lakhs
- 1 Year TDS Filing upto 50 entries
- 1st Annual Filing upto turnover of Rs. 20 Lakhs
- MSME Registration
- GST Registration
- INC 20A
- Form ADT 1 (Auditor Appointment in AGM)
- Form AOC -4 (Form for filing financial statement and other documents with the Registrar)
- Form MGT -7 (Form for filing annual return by a company)
- 2 DIR 3 e-KYC of 2 Directors
Documents Required for Public Limited Company Registration
For Directors & Shareholders
- PAN Card
- Aadhaar Card
- Passport (mandatory for foreign nationals / NRIs, if applicable)
- Latest address proof (bank statement or utility bill)
- Passport-size photograph
For Registered Office
- Utility bill (not older than 2 months)
- Rent agreement or ownership proof
- No Objection Certificate (NOC) from owner
Eligibility & Basic Requirements
- Minimum 3 Directors
- Minimum 7 Shareholders
- At least 1 Director must be a resident of India
- Minimum paid-up share capital as prescribed by law
- Registered office address in India
Public Limited Company Registration Advantages
Limited Liability Protection
Shareholders aren't personally responsible for business liabilities except the amount which they have purchased as shares through equity.
Raise Money from Public
Catering to the public, Public Limited Companies raise funds from various investors. They do it through selling of shares, which is a crucial business tool. It helps them scale operations faster.
Establishment of Higher Credibility
Public Limited Companies are governed by a number of strict rules and regulations. Compliance with them will help them gain credibility both from investors and lenders, thereby creating more opportunities.
Unending Existence
It is the unique feature of the company that it can survive despite changes in ownership, and business operations will be carried on as ever.
Different share holders at will
In public Limited Companies, the transfer of shares takes place without any restriction making the company's shares more liquid to its investors.
Limited Companies can grow and expand faster
With market visibility and capital access, Limited Publicly Owned Companies are good targets for merger and acquisition deals.
Step-by-Step Process of Public Limited Company Registration
FOXTAX complies with and implements all the required steps in the process of Public Limited Registered Company
Business & Finance Consultation Services
We will review your objectives in detail on the business, the capital structure, and compliance regulations.
Document Collection & Verification
We will get you the necessary documents for directors, shareholders, and Registered office and verify them to be in order.
Name Approval
Name application is done and approval received.
DSC & DIN Registration
The Director Identification Number (DIN) and Digital Signature Certificate (DSC) are secured in a single step.
Documents Filing & Preparation
A Memorandum & articles of Association (MOA) together with company registration papers are to be filed.
Certificate of Incorporation & PAN/TAN
Together with a Permanent Account Number (PAN) and a Tax Deduction and Collection Account Number (TAN), the Registrar of a Limited Company issues a Certificate of Registration.
Frequently Asked Questions (FAQs)
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