cryptohunter
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A Public Limited Company can change its legal structure, but it is really complex and follows strict rules. Transforming into a Private Limited Company involves altering articles, getting shareholder approval and obeying laws.
Reasons for this kind of Action include wanting more flexibility or less regulation. But also a PLC might become a Limited Liability Partnership or even a sole proprietorship, though less common.
Reasons for this kind of Action include wanting more flexibility or less regulation. But also a PLC might become a Limited Liability Partnership or even a sole proprietorship, though less common.
