If you plan to set up a public limited company, you are choosing a structure built for large-scale operations, public fundraising, and eventual stock market listing. This guide covers what the entity means, who needs it, and the exact steps to register one with the Ministry of Corporate Affairs (MCA). What is a Public Limited Company, A public limited company is a business entity that can raise capital from the public by issuing shares, subject to Companies Act, 2013 rules. It needs a minimum of seven shareholders and three directors, with no upper limit on shareholders. Unlike a private company, its shares can be freely transferred, and it can eventually list on a stock exchange, opening access to broader capital markets.
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