What are the challenges of starting a public limited liability company?

[Kross]

A public limited liability company is well recognized and has much credibility. In setting up a public limited liability company, what are the challenges to expect when setting up a public limited liability company?

 

[gwolf666]

The main challenges of forming a corporation include meeting strict legal requirements such as having a minimum number of shareholders (usually two or more) and a minimum capital requirement, as well as formally registering the company with the competent authorities. It is also necessary to establish a governing body (board of directors and assembly) and submit detailed documents on the company's organization, contributions, and activities to ensure transparency and legal compliance.