There is only one important and relevant difference : liability/ responsibility for actions. Sole prop is fully and wholly liable whereas the public limited company would be liable to the extent of the Companies Act of respective countries.
Limited company can be public or private. There is no necessary a limited company should be a public company. Public companies are those company which are registered with company act 2013 under section 2(71). However a public company must be have a limited liability.
A public limited company is owned by its shareholders
a public limited company can be defined as a company that is listed in the stock exchange, its shares are freely transferable, have a perpetual existence, have a limited liability and can sell shares to the general public.A public limited company is found in Ireland, and theUnited Kingdom.The public limited company is subordinate to a largercompany.The minimum shares a public limited company(PLC)holds is 25%.
its a private limited company
A PLC ( public limited company) is owned by shareholders, i.e who buys the share....
a public limited company can offer to sell shares to the public where as a private limited company can not. The other differences between PLC and LTD is that a private company is quoted on stock exchange where as a public limited company is not quoted on stock exchange.
what is the differences between public company and listed company
a kool way of explaining this is that a public limited
PLC's share holdings are usually sold to the public, ie the public part own them. Limited companies, the shares stay in the company with the directors holding them, they cannot sell them to the public.
Public limited company
i think Ltd is private limited company and Plc is public limited company
Limited company can be public or private. There is no necessary a limited company should be a public company. Public companies are those company which are registered with company act 2013 under section 2(71). However a public company must be have a limited liability.
HSBC is Public Limited Company
Public Limited Comapnies have widely held ownership ( Shares) They have unlimited liability and PVT LTD companies have limited no of People who have the shares of the company (1 - 24 persons), the ownership of the company is limited and hence the liability is also limited.
public
It's a public limited company.
Public Corporation - There are there on behalf of people. Public companie -They are there for people to use