Public limited company: Difference between revisions

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A [[limited liability company]] (or “[[LLC]]”) that is not a [[private limited liability company]]. It will have to file an annual report including consolidated accounts. Companies legislation will specify a limitation on the total number of [[shareholder|shareholders]] a private company may have before it must open itself up to the greater corporate scrutiny and accountability required of a [[PLC]]
{{a|entity|}}A [[limited liability company]] (or “[[PLC]]”) that is not a [[private limited liability company]]. It will have to file an annual report including consolidated accounts. Companies legislation will specify a limitation on the total number of [[shareholder|shareholders]] a private company may have before it must open itself up to the greater corporate scrutiny and accountability required of a [[PLC]].


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Latest revision as of 17:08, 21 September 2021

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A limited liability company (or “PLC”) that is not a private limited liability company. It will have to file an annual report including consolidated accounts. Companies legislation will specify a limitation on the total number of shareholders a private company may have before it must open itself up to the greater corporate scrutiny and accountability required of a PLC.

See also