A Public Limited Company (PLC) is a business structure that allows companies to raise capital from the public by issuing shares. Unlike private limited companies, a PLC can have an unlimited number of shareholders, making it an ideal structure for businesses looking to expand on a larger scale. It requires a minimum of three directors and seven shareholders, and shares of a PLC can be freely traded on a stock exchange.

A PLC offers limited liability protection, meaning the shareholders are only liable for the value of the shares they hold. This structure also provides better access to funding, enhanced credibility, and the potential for substantial growth through public investment. However, it also comes with more stringent regulatory requirements, including mandatory disclosures, audits, and corporate governance standards.

For companies looking to expand their market presence, gain access to large-scale capital, and enhance their public profile, a Public Limited Company offers the ideal framework for growth and long-term success.