| Feature | Public Limited Company | Private Limited Company |
|---|---|---|
| Definition | Can offer shares to the public | Restricts sale of shares to members |
| Capital Raising | Can issue shares through stock exchanges | Relies on private funding |
| Shareholders | Minimum of 7, no maximum | Minimum of 2, max of 200 |
| Transparency | Must disclose financial reports to public | Less obligation for financial disclosure |
| Share Transfer | Freely transferable | Subject to restrictions |
| Management | Separate ownership & management | Ownership & management often overlap |
| Regulations | Stringent regulatory requirements | Fewer regulatory obligations |
| Scale | Larger in scale, possibly global | Smaller in scale, often localized |
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