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There are lots of differences. The major factor is number of shareholders and shareholding pattern. In Pvt. Ltd. Company the share holders comprise of close group of friends and relatives. A Pvt. Ltd. company can not make an offer for public to subscribe its shares. Where as a Ltd. Company can given an advertisement and invite general public to subscribe for its shares. Basically a Pvt. Ltd. company is a corporate version of partnership firm where as a Public Ltd. company is a full fledged corporate body. For a Pvt. Ltd. company minimum 2 shareholders are required whereas for Public Ltd. Company minimum 50 shareholders are required. A share holder of a Public Ltd. company can transfer his shares freely at the stock exchange where the shares are listed whereas in a Pvt. Ltd. Company a shareholder can not transfer his shares without the consent of other shareholders. Also shares of the Pvt. Ltd. company can not be listed on stock exchanges and hence can not be traded there like shares of a Public Ltd. company. These are some of the major points of difference. For more details you need to refer The Indian Companies Act 1956
Wiki User
∙ 13y ago
Wiki User
∙ 10y agoDifference between proprietorship and ltd is taxation and liability. proprietorship means that you, as the sole proprietor, are liable for everything, meaning if the business gets sued, you get sued. so you could lose everything you and the business own. also, as a proprietorship, the business taxation falls under your own personal income tax.
as a limited firm, what you do is create a separate entity for the business. meaning that the business purchases its own equipment, can enter into its own contracts, and if it gets sued, then the owner is (for the most part) not touched on the personal level. the business may go bankrupt without the person having to worry about losing any personal possessions such as a house. Also, a ltd firm gets taxed on its own under corporate taxes, which tend to be a lot more favorable most of the time.
Wiki User
∙ 11y agoShares in public limited companies are traded on a stock market, shares in a private limited company can only be sold privately. There are also many other differences between the two.
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What is the difference between an enterprise and association what is the difference between an pvt ltd and ltd.?
difference between enterprise and corporation
What is the difference between an enterprise and association what is the difference between an pvt ltd and ltd?
difference between enterprise and corporation
What is the difference between a limited and a PVT limited company?
In PVT ltd Company shares are holding are limited to the family members only while in LTd company shares are held by the general Public also
What is pvt ltd and ltd?
pvt lt has partner between 2-20 but in public limied company partner are more then 20.
What is difference in pvt ltd and pte ltd?
PTE (British) PVT (American)
Is tata a public ltd company or pvt ltd company?
tata is a private company
What is the difference between India Ltd and India Pvt Ltd?
It is not mandatory to name the company with "India Ltd" or "India Pvt Ltd. If the company is a Public Limited Company (i.e. the shares of the company is listed with any of the Stock exchanges in India), the Company's name shall end with "Ltd or Limited". If the shares are not listed and privately held, the company name shall end with "Pvt Ltd or Private Limited". Some companies while naming their company for their own reasons add "India" to their company name.
Is reliance a public ltd. company or pvt. ltd. company?
Reliance is a private sector but public limited company.
Is lotte choco pie a pub or pvt?
lotte choco pie is public ltd
What is difference between india pvtltd and pvtltd?
In India Pvt. Ltd. Company the share holders comprise of close group of friends and relatives whereas the Limited Company advertises and invites the general public to subscribe to its shares.
When was Miditech Pvt. Ltd. created?
Miditech Pvt. Ltd. was created in 1998.
What is the difference between Pty and Pvt?
Under Australian law, a proprietary limited company,abbreviated as Pty Ltd company, Pty Ltd, or P/L, is a business structure that has at least one shareholder with a limited number of shares. Tho opposite of a proprietary limited company is a public limited company. In other countries, for example in India, a proprietary company would be named "Relays Private Limited", abbreviated to "Relays Pvt. Ltd."
