What is a Public Limited Company
A Public Limited Company (PLC) is a type of business entity where ownership is determined by shares traded on a stock exchange. PLCs often have higher capital requirements and are subject to more stringent regulatory requirements than private companies. They can raise capital by offering shares to the public. Steps to Register a Public Limited Company: 1. Choose a Suitable Name: Ensure the name isn’t already in use and complies with naming regulations. The name should end with " Public Limited Company " or its abbreviation "PLC." 2. Registered Office: Provide the address where official documents will be sent. This can be a physical office or the address of a company formation service. 3. Directors and Shareholders: A PLC must have at least two directors and at least two shareholders. Directors are responsible for the company's management and decision-making. 4. Share Capital: Determine the initial share capital the company will issue. Prepare the Memorandum of...