limited company

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limited company

a company in which the liability of each shareholder is limited to the amount of the capital agreed to be invested by him in it; liability does not extend to the member's other assets.
References in periodicals archive ?
Similarly, the SBP has advised all banks that biometric verification of the private limited companies having account turnover exceeding Rs500 million for any of the calendar year 2016, 2017 or for a period since January 1, 2018 to September 30, 2018, and all customers except public/private limited companies having account turnover exceeding Rs250 million for any of the calendar year 2016, 2017 or for a period since January 1, 2018 to September 30, 2018 should be conducted by November 30, 2018.
'NAB has used all channels of communications for provision of record of 56 public limited companies of Punjab but still NAB has not received complete record, sources added.
The decision was taken after the Bureau received complaints against these public limited companies for not conducing their regular performance audit, alleged involvement in corrupt practices, injudicious use of resources, induction of blue-eyed people in violation of merit and rules and regulations.
Limited companies have their own accounting and tax reporting requirements, separate from those of the company's shareholders/directors.
Contractors who are in business in their own right, usually operating through their own limited companies, or individuals genuinely self-employed would fall out of scope.
The number of companies have been established in Yemen in 2009 has increased to 265 companies, compared with 238 companies in 2008, with a total capital of over YR 9 billion ($1=YR 215).<p>The established companies distributed in terms of legal form into 244 limited companies, 17 individuals companies and 4 joint stock companies.
(i) Public Limited Companies, (ii) Private Limited Companies, (iii) Government Department Enterprises and (iv) Public Corporations.
"The registered companies are 500 limited companies, a general partnership and five individual firms," according to a ministerial statement received by Aswat al-Iraq-Voices of Iraq- (VOI).
Chartered accountants and business advisers Clive Owen and Co believes many directors and shareholders of private limited companies are unaware of the new laws.
Apart from sole trader status, most small businesses set up as limited companies. The "limited" incorporation status means the company's finances are separate from the personal finances of their owners, unlike with sole traders.
I understand that limited companies are now not as advantageous as they used to be and I was wondering if you could tell me why.
But over the same period, limited companies have dissolved at a rate of 115,000 per year.

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