Public Limited Company registration is required seven persons with no limitation to number of members.  This form of business is suitable for large scale of business where the capital requirement is very high and the company is willing to obtain money from the public at large. Being a public company, it allows the company to sell their shares to investors A minimum of three Directors are required for establishing a Public Limited Company and it has more stringent regulatory requirements compared to a Private Limited Company. The shares of Public limited company are freely tradable in open market, hence can get its shares listed on public Platform.