A Public Limited Company (PLC) means, first, that the firm is parceled out into shares and sold "publicly" on any or all the globe's stock exchanges. This is also known as a divorce of control. Shareholders may have other plans to maximise profits over social and ethical goals. Advantages of Public Limited Company Registration . Meanwhile many companies limited by shares are formed as private companies, you may get to know through this article about the advantages and disadvantages of a public limited company. More capital can be raised since there is no limited … This type of business structure is a limited company that is formed in the United Kingdom (UK). Public Limited Companies have several advantages and disadvantages; Advantages. However, shares in a public company can be freely sold and traded to the general public and their shares can be listed on a stock exchange. Disadvantages of being a Public Limited Company. Shares can be freely transferred on the stock exchange. Disadvantages of a Limited Company. Each ownership type has its own advantages and disadvantages and a business should choose the one that best suits its needs. Public companies must also comply with the rules of the Australian Stock Exchange. Shareholders have limited liability. Advantages of a Public Limited Company. There are many public limited liability company advantages and disadvantages that you should be aware of before forming your public limited liability company (PLC). Limited Liability. Distribution of powers; The shares of a public limited company can be bought by anyone, thereby increasing the number of members. Membership is open to the public since shares are sold and bought on the Zimbabwe Stock Exchange. Public Company registration is a complex procedure as it requires proper documentation. Members: In order for a company to be public , it should have a minimum of 7 members (maximum unlimited). Enjoy economies of scale. The working of the Public Company is subject to more strict compliances of the provision of the Companies Act 2013. ... it may choose to become a public limited company (PLC). This distributes the powers to more and more people which may lead to … Limited liability: The liability of a public company is limited. Public limited company is the large scale business that consists of 3 directors and 7 shareholders. This is called "limited liability." In order to be eligible to run as a public company, it should obtain another document called a trading certificate. PLC enjoys huge benefits like limited liability, … There is continuity after the death of a member. Advantages of a company include that: liability for shareholders is limited; it's easy to transfer ownership by selling shares to another party; shareholders (often family members) can be employed by the company; the company can trade anywhere in Australia Advantages. 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