Medium- to large-sized firms that want to raise equity capital from the public should form limited corporations. The PROUDFILER team now offers Limited Company Registration.
The Companies Act, 2013 and the regulations promulgated thereunder lay forth the framework for the formation of a Public Limited Company. The owners and managers of a limited liability business are protected from legal action by the company. As a public corporation, you may sell shares to the public, which is useful for bringing in cash. More people are needed to form a Public Limited Company than is needed to form a Private Limited Company, with a minimum of three directors and seven shareholders.
When compared to a private limited company, a public limited corporation is more open and transparent and can have an unlimited number of members and share transfers.
