Public Company Limited by Shares

What is a Public Company Limited by Shares used for?

A public company limited by shares has share capital, may offer its shares to the general public and can be (though usually isn’t) listed on the stock exchange.

What’s required?

  • Three directors – must be over 18 years of age and at least two directors must ordinarily reside in Australia.
  • At least one secretary is required, who must live in Australia.
  • A public company must have at least one member, but there is no upper limit on its number of members. Any legal entity may hold shares in a company.
  • It must have the word ‘Limited’ or ‘Ltd’ at the end of the company name.

As the need can arise in a company of this type, you can instruct us to provide for directors being on rotation.


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