What is the full form for Ltd?

Answer 1

When part of a company's legal name, Ltd. stands for "Limited" and implies that the business is an incorporated company having some form of share structure. The "limited" derives from the provincial, state, or federal law(s) regarding incorporation of companies which provide a limited liability to the directors and shareholders of a company. An incorporated company of limited liability is treated as its own legal entity separate from its directors, shareholders, and employees.

Generally speaking, companies using Ltd. in their legal name may be either public companies or private companies. The use of "Inc.", abbreviated from "incorporated", is generally synonymous with Ltd. in indicating an incorporated company.

LLC's (Limited Liability Companies) typically fall under different regulations and statutes than incorporate companies regarding the liabilities held by the directors and shareholders.