In South Africa you have either a public company or a private company (I wil ignore the other two for now).
Private company nust include designation (Proprietary) Limited or (Pty) Ltd behind its name.
Public company must include Limited or Ltd behind its name.
In this format (at least in Australia) it is short for Proprietary Limited company.
This is a private company. It is run by directors and owned by shareholders.
Very simple business structure to set up.
Do a search on "Proprietary Company" to get full response.
Ltd are public and pty ltd are private
Michell Pty Ltd was created in 1870.
APDD Pty Ltd was created in 2003.
Morgan Finance Pty Ltd. was created in 2005.
(Pty) Ltd is is a private company with 50 max share holder
Australia
Proprietary Limited
# What does "CC" stand for?In South African law "CC" stands for "Close Corporation", a registered juristic entity much like a simplified company.# What does "PTY" stand for?"PTY", usually used in conjunction with "Ltd", thus "(Pty) Ltd", stands for "(Proprietary)". "PTY" representing "Proprietary" means "private ownership". This illustrates one of the main features of PTY LTD Companies: that is, their shareholders are not publically declared, only their directors. Thus the ownership is private.# What does "Ltd" stand for?"Ltd" as used in the designation of a private or public company, for example, either "Bilkovo (Pty) Ltd" or "Bilkovo Ltd", stands for "Limited" and refers to the limitation on the liability of company shareholders and directors.
ABN Number is required in Australia Other county require BNN Licence or LTD, ltd pty, or pty ltd company
Mogas Service Station
kroliver pty ltd australia
i dnt know clear in this case