An individual investor-owned business that has pooled their funds to form a Private Limited company. In a private limited company, the risk is borne by the shareholders because there are fewer options for liability. They enjoy the rewards that the company gets when its profits are relapsed.
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Advantages And Disadvantages Of Private Limited Company
1.
2. An individual investor-owned business
that has pooled their funds to form a
Private Limited company. In a private
limited company, the risk is borne by
the shareholders because there are
fewer options for liability. They enjoy
the rewards that the company gets
when its profits are realised.
3.
4. The following are the advantages and
disadvantages of private limited
companies:
• Separate Legal Entity
• Liability is limited
• Perpetual Existence
• Numbers of Members
• Transfer of Shares
• Prospectus cannot
be issued