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Feature of private limited company

Updated: 4/28/2022
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11y ago

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  • It enjoys limited liability
  • It is a legal person or entity (body)
  • It must have memorandum and articles of association
  • There must be proper keeping of accounts for tax purposes.
  • Directors are usually elected in an annual general meeting
  • A minimum of two and a maxium of 50 shareholders are legally required

hope you get them right luv you guys from TeTe <3

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11y ago
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