- As the name reveals, a public limited company has a wider coverage than a private limited company.
- A minimum number of shareholders and directors are 7 and 3 respectively. There is no restriction on a maximum number of shareholders.
- Companies requiring huge capital investment from a large base of shareholders are opting for registration as a Public Limited Company.
- Relatively higher legal compliances.
Time frame:
3 to 7 working days (under SPICE route)
