what are the characteristics of public limited company?
18677
['The minimum number of shareholders must be two (a private limited company only needs one shareholder)', 'Accounts must be filed within 6 months of the year end (the limit is 9 months for a private company)', 'The Company Secretary must be a qualified person (in a private company the secretary does not need to be qualified)']
519792
['Artificial Person: A company is an artificial person created by law. ... ', 'Separate Legal Entity: A company has a separate legal entity. ... ', 'Perpetual Succession: ... ', 'Common Seal: ... ', 'Formation: ... ', 'Limited Liability: ... ', 'Transferability of Shares: ... ', 'Management and Control:']
993896
['Registered office.', 'Principal business activities and particulars of its holding.', 'Subsidiary and associated companies.', 'The pattern of Shares, debentures and other securities and shareholding.']
750381
['Public accountability.', 'Multiple objectives.', 'Rights, powers and responsibilities (Constitutional or devolved)', 'Lack of equity ownership.', 'Operating and financial frameworks set by legislation.', 'The importance of the budget.', 'Governance structures.', 'Nature of resources.']
1368660
['Be a domestic corporation.', 'Have only allowable shareholders – which may include individuals, certain trusts, and estates, but not partnerships, corporations or nonresident alien shareholders.', 'Have no more than 100 shareholders.', 'Have only one class of stock.']
579871
['Limited Liability: ... ', 'Perpetual Existence: ... ', 'Professional Management: ... ', 'Expansion Potential: ... ', 'Transferability of Shares: ... ', 'Diffusion of Risk: ... ', 'Lack of Secrecy: ... ', 'Restrictions:']
730558
['Separate Legal Entity: ... ', 'Limited Liability: ... ', 'Perpetual Succession: ... ', 'Separate Property: ... ', 'Transferability of Shares: ... ', 'Common Seal: ... ', 'Capacity to sue and being sued: ... ', 'Separate Management:']
642511
["Tax efficient. It's well known that a limited company is more likely to be tax efficient compared to a sole trader, and that is one of the many reasons it's a popular business model. ... ", 'Limited liability. ... ', 'Separate entity. ... ', 'Professional status. ... ', 'Company pension. ... ', 'Maximising tax-free income. ... ', 'Complicated to set up. ... ', 'Complex accounts.']
44225
['All shareholders or members are natural persons.', 'All shareholders hold no shares in any other private company.', "All members hold no members' interest in any other Close Corporation.", 'Gross income for the year of assessment does not exceed R14 million.']
1141542
['security through limited liability;', 'flexibility to sell their shares or purchase more; and.', 'transparency as company information must be kept up to date on the public ASIC register.']
41395
['Law and order situation,', 'Availability of infrastructure facilities,', 'Good industrial relations,', 'Availability of skilled workforce,', 'Social infrastructure,', 'Investor friendly attitude,', 'Nearness to market,', "Nearness to raw-materials' source,"]
546373
['Stocks Represent Ownership. Shares of common stocks represent ownership in the company. ... ', 'Voting Rights. ... ', 'Common Stock Value. ... ', 'Common Bond Characteristics. ... ', 'Convertible and Callable. ... ', 'Bond Rates, Maturity and Value.']
55911
['State Ownership: These enterprises are managed by the government and not by any individual. ... ', 'Financing from State Resources: State enterprises are financed by the government. ... ', 'Service Objectives: ... ', 'Monopoly Enterprises: ... ', 'Autonomous or Semi-Autonomous Bodies:']
596860
['(1) It is related with New Issues:', '(2) It has No Particular Place:', '(3) It has Various Methods of Floating Capital:', '(i) Public Issue:', '(ii) Offer for Sale:', '(iii) Private Placement:', '(iv) Right Issue:', '(v) Electronic Initial Public Issue (e-IPOs):']
350304
['Single Ownership. A sole trading concern is owned by one individual. ... ', 'Personal Organization or Common Identity. ... ', 'Capital. ... ', 'Unlimited Liability. ... ', 'One Man Control. ... ', 'Profits and Losses. ... ', 'No Special Legislation.']
825233
The main difference between a private vs public company is that the shares of a public company are traded on a stock exchange. Stocks, also known as equities, represent fractional ownership in a company, while a private company's shares are not.
952470
A private limited company, or LTD, is a type of privately held small business entity, in which owner liability is limited to their shares, the firm is limited to having 50 or fewer shareholders, and shares are prohibited from being publicly traded. A company becomes an independent legal structure when it incorporates.