A public limited company is easy to form and gives many advantages to the business owners. It is different from a private limited company in matters of no. of directors, members, managerial remunerations, and listings in the stock exchange. Members of this company enjoy many benefits like their liability is limited and in case of clearing debts, their personal assets will not be exploited. This company has a perpetual existence so in case of death of any member/shareholder/director, the company will still exist as it has a different identity than its members. Members of this company also enjoy limited risk as their shares are transferable and can be sold in the market in case of any risks.
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