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COMPANY, Links: https://rsaccountancy.co.uk/setting-public-limited…
COMPANY
Public Limited Companies
Weeknesses
Ownership and control issues
Different Directions for the Business:
More regulatory requirements
Strengths
Growth and expansion opportunities
Reduction in Personal Liabilities
Raise Capital through Public Buyers
Private Limited Companies
Strengths
The company can continue to trade even if one of its members died
Limited Liability
Shares can be bought and sold with director's approbation
Weeknesses
they professional help will be needed to set up a private limited company
Cannot issue prospectus to public.
In stock exchange shares cannot be quoted.
Links:
https://rsaccountancy.co.uk/setting-public-limited-company-advantages-disadvantages/
https://taxguru.in/company-law/advantages-disadvantages-private-limited-company.html
https://www.iedunote.com/private-limited-company