Public Limited Company (PLC)

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  • Created by: SKaz09
  • Created on: 23-03-18 13:00

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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