Setting up a Public Listed Company (PLC) in Jafza
A PLC is a company with limited liability with two or more shareholders. A PLC is essentially a Limited Liability company within the Free Zone, meaning that the liabilities of the company are limited to its paid up capital. A PLC has a legal personality distinct from that of its shareholders and it has the capacity, rights and privileges of a natural person. A PLC may invite the public to subscribe to its shares and must list its shares on a stock exchange in accordance with the market rules and regulations.
The documentation required for setting up a PLC within the Free Zone is under review.
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