Wednesday, 9 March 2011

Four Main Types of Company and Characteristic


 

Private Company Limited by Shares

Private Company Limited by guarantee

Private Unlimited Company

Public Limited Company

Capital

Has share sapital

Does not have share capital

May or May not have

Has a share capital

Liability

Limited

Limited

No Limit

Limited

Share offering to Public

Cannot

Cannot

Cannot(Because of Private)

Can

What type of liability

Unpaid amount

Amount that agreed to pay in the start of company(in case of winding up)

No

Unpaid mount

legal person

Yes

Yes

Yes

Yes

Submission of Document to Company House

Yes

Yes

No (Because of liability is unlimited)

Yes

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