Public Limited Company (PLC)
- Created by: SKaz09
- Created on: 23-03-18 13:00
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PLC Features:
- Minimum Shareholders is two (Privated = 1)
- Company secretary must be qualified (Private = doesn't)
- They can offer their shares to the public
- Accounts must be filled within 6 months (Private = 9months)
- Minimum number of directors is 2 (Private = 1)
Advantages:
- Can raise large amount of capital by selling shares to the stock market meaning the capital that can be raised is typically much larger than an LTD
- More prestigious profile and confidence - More…
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