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A Public Limited Company (PLC) is a company that can raise more money by freely selling shares to the general public on the stock market. It guarantees openness by requiring a minimum of seven shareholders and being subject to more stringent regulatory compliance. On the other hand, a Private Limited Company (Pvt Ltd) is not listed on the stock exchange, restricts share transfers, and is limited to a maximum of 200 shareholders. It provides more operational independence and privacy, making it perfect for privately owned or smaller businesses.
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Ad Detail: public limited vs private limited
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