What are the differences in public limited companies and private limited companies?

Answer:
A limited company may be "private" or "public". A private limited company's requirements are lighter, but for this reason its shares may not be offered to the general public (and therefore cannot be traded on a public stock exchange.) This is the major distinguishing feature between a private limited company and a public limited company. Most companies, particularly small companies, are private.
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First answer by ID2079111325. Last edit by Nam.kapoor. Contributor trust: 0 [recommend contributor recommended]. Question popularity: 13 [recommend question].