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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › PLC VS LC
Hi Mr John.What’s the difference between Public limited company and limited company…(let’s say private limited company)….Could you give some benefits and drawbacks of each…Thank you…
The shares of a public limited company are traded on the stock exchange (so it is easier for shareholders to sell them to others if they want to).
The shares of a (private) limited company are not traded on a stock exchange.
Only ‘big’ companies can be on the stock exchange because only very big companies are accepted. PLC’s also have more regulations applying to them.