Private Limited Company

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  • Created by: Rachelle
  • Created on: 24-04-13 13:48

Private Limited Company

Advantages

  • Shares can be sold to many people --> more capital
  • Limited liability
  • Control, as long as not too many shares are sold

Disadvantages

  • Many legal matters during set up
  • Shares cannot be sold on stock exchange
  • Capital limited to share holders
  • Accounts made public
  • All shareholders must agree before someone sells shares

Evaluation

Owned by shareholders
Shares cannot be sold on stock exchange
Incorporated

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