PUBLIC LIMITED COMPANY
Public Limited Company Registration
These companies will invite the public to subscribe the shares. The minimum number shareholders are seven and the minimum number of directors to form a company is three. Only public limited companies can list their shares in the stock exchange. The shares can be traded and sold by any member of the public. It is governed by a set of strict regulations.At solubilis corporate services llp provides Public limited company in Chennai, Coimbatore, Bangalore and Kochi.
Advantages Registering Public Limited Company
- There is limited liability for the shareholders.
- The business has separate legal entity. There is continuity even if any of the shareholders die.
- These businesses can raise a large capital sum as there is no limit to the number of shareholders
- The shares of the business are freely transferable, providing more liquidity to its shareholders.