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What does company designation AS mean in Norway?

Limited company. Meaning their liability is limited by shares or guarantee.


Private company limited by guarantee in Malaysia?

whats the question


What is Difference between limited liability company and limited liability company?

A company can be a limited or unlimited. Limited liability company is one which limits the liability of the members(shareholders) by (1) limited by shares or (2) limited by guarantee. Therefore Company limited by guarantee is a type of limited company which means the liability of the members' is limited by the guarantee given by them while becoming the member. The members have agreed to be liable to the company at the time of liquidation of the company upto an amount for which he is liable and does not have any other liability. Limited by shares means the member (shareholder) is liable for the value of the shares only. Members of the company with unlimited liability has unlimited liability for which they are liable even from their personal property if required.


Why company limited by guarantee does not have share capital?

In a company limited by shares, each shareholder's loss in the event of the company being wound up is limited to the value of his/her shareholding. In a company limited by guarantee, the amount of loss is limited to the (usually nominal) amount that the members guarantee to pay (as stated in the company's Memorandum of Association). Since the guarantee already limits the amount of the members' liability, it is not necessary to further limit it according to the number of shares that the member holds. Companies limited by guarantee are also most often used for clubs, associations, etc. where all member votes count as equal and not according to the number of shares held.


What is the difference between company and limited liability company?

A company can be a limited or unlimited. Limited liability company is one which limits the liability of the members(shareholders) by (1) limited by shares or (2) limited by guarantee. Therefore Company limited by guarantee is a type of limited company which means the liability of the members' is limited by the guarantee given by them while becoming the member. The members have agreed to be liable to the company at the time of liquidation of the company upto an amount for which he is liable and does not have any other liability. Limited by shares means the member (shareholder) is liable for the value of the shares only. Members of the company with unlimited liability has unlimited liability for which they are liable even from their personal property if required.


How does a company limited by guarantee differ from a company limited by shares?

A company limited by guarantee does not have shareholders or share capital; instead, it has members who guarantee to contribute a predetermined amount toward the company's liabilities if it is wound up. This structure is often used for non-profit organizations, charities, or clubs. In contrast, a company limited by shares has shareholders who own shares in the company and are entitled to dividends and a share of the profits. The liability of shareholders is limited to the unpaid amount on their shares, protecting personal assets in case of the company's debts.


What is the difference between limited liability and unlimited liability company?

A company can be a limited or unlimited. Limited liability company is one which limits the liability of the members(shareholders) by (1) limited by shares or (2) limited by guarantee. Therefore Company limited by guarantee is a type of limited company which means the liability of the members' is limited by the guarantee given by them while becoming the member. The members have agreed to be liable to the company at the time of liquidation of the company upto an amount for which he is liable and does not have any other liability. Limited by shares means the member (shareholder) is liable for the value of the shares only. Members of the company with unlimited liability has unlimited liability for which they are liable even from their personal property if required.


Difference between company limited by shares and company limited by guarantee?

A private limited company is an incorporated firm which offers limited liability to its shareholders but places certain restrictions on its ownership. These restrictions are meant to prevent any hostile takeover attempt. The major restriction are: (1) stockholders (shareholders) cannot sell or transfer their shares without offering them first to the other stockholders for purchase, (2) stockholders cannot offer their shares or debentures to the general public over a stock-exchange, (3) number of stockholders cannot exceed a fixed figure.A company limited by guarantee, or guarantee company, lacks share capital and possesses liability limited to the individual involvement of each member participating in its operation. Guarantee companies generally comprise the category of non-for-profit companies or charities.


What do you mean by limited company?

limited company that mean under taking of governmet.


What are the differences and similarities between company limited by guarantee and incorporated trustees?

discuss the similiarities and differences between incorporated trustees and company limited by shares


What are the similarities and differences between a company limited by guarantee and incorporated trustee?

what is an incorporated trustees


When Ltd follows a company's name what type of company is it?

A limited company is a company with limited liability. As per the company law, a company is legal entity and can have assets and liabilities. In India, we have two types of Limited companies i.e. a public limited company and a private limited company. A public limited company has its shareholders as public and a private limited is owned and governed by an individual or a group of individuals.