Private Limited Company (LTD)


	Private Limited Company (LTD)
	Advantages Limited liability means that personal possessions cannot be taken They do not trade on the stock exchange Independent Owned by shareholders Separate legal identity Investment low In death the business keeps going Max 50 people Dividends are paid to shareholders They become a company	Disadvantages Can only sell shares with all owners consent Max 50 people Limited growth Takes time to set up Financial info is published It costs a lot: 1. The business has to produce memorandum or articles of association 2. They register and receive certificate of incorporation. If a company fails it is called insolvency
	Evaluation CONTEXT

Can only sell shares with all owners consent
Max 50 people
Limited growth
Takes time to set up
Financial info is published
It costs a lot: 1. The business has to produce memorandum or articles of association 2. They register and receive certificate of incorporation.
If a company fails it is called insolvency

CONTEXT

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