They are not required by law to appoint an auditor to protect the shareholders, but many do. This is not only to protect the shareholders, but to protect the company as well.
A public limited companies is a small to medium sized business owned by shareholders who are often members of the same family or friends.
Private Limited Companies have both advantages and disadvantages. Some of the positives are that liability is limited which means that the assets of the shareholders are not at risk if the business gets into financial trouble, the business is never affected by the status of an owner, and it is easy to raise capital as this type of business is allowed up to 50 shareholders. Some of the drawbacks are that shares cannot be transferred without the approval of the other shareholders and that growth might be limited due to the fact that no more than 50 shareholders are permitted.
Its when you decide what your business is going to be about and what products your going to sell! It means a partnership, public company, or a private company structure.
it is a plc therefore it has unlimited liabilty, it's shareholders however, have limited liability.
In a limited liability corporation, the company is not personally liable for it, and the owners and shareholders will not get personally sued, only the company will. It has a high start up cost, and it has a long life. Sole proprietorship's have a low start up cost, generally have short life spans, and are personally liable,
To set up as a limited company, you need to choose a unique name, register with Companies House, appoint directors and shareholders, create a memorandum and articles of association, and issue shares.
To register a company in Sweden, you must meet the following alliances: Minimum Capital: A minimum of 25,000 SEK is required for a limited company. Directors: A limited company must have at least one board member. Auditor: A public limited company must appoint an auditor. Residency: At least half of the board of directors must reside within the European Economic Area (EEA).
A public limited company is owned by its shareholders
Shareholders
because it is a public limited company
The minimum number of directors required to register a Private Limited Company in India is two, and the minimum number of shareholders required is also two. The same individuals can be both directors and shareholders. The maximum number of shareholders allowed in a Private Limited Company is 200.
A PLC ( public limited company) is owned by shareholders, i.e who buys the share....
The Directors control a public limited company. Directors are appointed by Shareholders in AGM.
Reliance Industries Limited
Common Stock in a company.
A limited company (Ltd) is that which is limited by shares and listed on the stock market. Its function is ultimately to make profit for its shareholders.
Ltd is private limited company, it is in the public sector and has limited liability, the only shareholders arre family and friends, PLC is public limited company and anyone can be shareholders. a PLC is open to anyone from the public and a Ltd is only shareholders, family and friends.