Private Company to Public Company
Private limited companies are a dime a dozen, but every private limited company, at some point, wishes to turn public so as to increase scalability. A Public Limited Company is a company that has limited liability and its shares can be freely traded and sold to the public. Formation of a private limited Company has its own sets of advantages and disadvantages. It is seemingly the best form of business when Directors and shareholders are closely held and where the Directors have enough funds to arrange it between themselves or their relatives or acquaintances. However, when the brand has to go really big then later after some point of time, it is preferred to convert your private limited Company into a public limited.