Public Limited Company Registration Benefits Documents Procedure Swarit Advisors
Public limited company (PLC) Private limited company (Ltd) A public limited company must have a minimum of £50,000 in share capital No minimum share capital Can sell shares on the stock market to raise money for the company Not permitted to trade on stock market Can only sell or transfer shares privatelyTypes of Companies Private Company This is a type of company that finds mention in the Companies Act, 13 The purpose of private companies is when the business is not very large, but the owners/management still want to opt for a company over a partnership or proprietorshipLet us look at some of the features/characteristics of a private company
