Public Company
Public Company
A company limited by shares, the liability of which is limited to the amount (if any) that remains unpaid on the Shares held by the Shareholder.
General requirements:
- Public Company is allowed to offer its Securities to the Public;
- Must have at least 1 Shareholder – can be a natural person or a Body Corporate;
- Must ensure that its name is immediately followed by the word ‘Public’ or the abbreviation ‘PLC.’
- Minimum Share Capital- US $100,000 at any time;
- Must have at least 2 Directors
- Must have at least 1 Secretary
- Registration fee is 300 USD for online application and 500 USD for paper application.