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Category: Business
Word Count: 353
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advantages & disadvantages of public limited


The Disadvantages Of A Public Limited Company

1. More documents are required to register, causing delays in opening.

2. The structure of the company may be so large and complex that the process of decision-making takes much time, resulting in a lack of efficiency.

3. It needs to pay a higher rate of profits tax than a sole proprietorship and partnership.

4. The company needs to disclose much information, including the age of the directors, their address and financi
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