A PLC is a business that has made stock shares available to the general public. Buyers of those shares are only partially liable. This means that they are not liable for any business losses that exceed the price they paid for the shares.

Meaning. The term "private limited company" refers to a business that is not publicly traded and whose shareholders own their shares in a private capacity. A public limited corporation is one whose shares are freely exchanged by the general public and is listed on a reputable stock market.

A PLC is a business that has made stock shares available to the general public. Buyers of those shares are only partially liable. This means that they are not liable for any business losses that exceed the price they paid for the shares.

A PLC in the United Kingdom functions similarly to an American public corporation. Its operations are governed, and it is obligated to provide recurrent reports on its genuine financial health to shareholders and potential shareholders.

A PLC must be headquartered in the United Kingdom and publicly traded in order to qualify as one. Additionally, the corporation's name must be followed by the letters PLC, or "public limited company."

The Process of Public Limited Company Registration is following.