Ideas For Startup
There are only simple steps:
- Power to transfer shares- a public ltd company can transfer shares to public and raise funds from public
- Unlimited Members – One of the best advantage of public ltd company is that there is no limit on number of members in the company
- Limited Liability –Despite having characteristic of unlimited members the liability of all the directors in Public limited company is limited to the extent of stake they hold in the company
- More Transparency – Working of a public ltd company is more transparent because it separates its management from its ownership
- Property Rights – A Public ltd Company can gain, posses, and enjoy its property in its own name. No shareholder can claim upon the property.
From your Procedure