Companies are run by a board of directors who have responsibility to the Shareholders who invest or provide capital for the company A limited company is a separate legal entity It pays separate tax to the individual and the liability of any individual is limited to the investment that individual has in the company
A company registered under the Companies Acts The law regards it as a person just as a human being is a person It can own property, employ people make contracts, sue and be sued
A firm, usually associated with British registration, that is organized in such a way as to give its owners limited liability. a company in Britain whose owners only have to pay a limited amount if the company gets into debt public limited company
a company which is owned by shareholders and is identified by the letters 'Ltd' or 'PLC' after the name
a registered company in which the liability of each shareholder is limited to the uncalled capital liability on his/her shares
A company that is registered, has a memorandum of agreement and shareholders It trades as a separate legal entity and the liability of its shareholders is limited (compared to a sole trader or partnership)
A form of business commonly used in the U K comparable to incorporation in the U S
Not an international business company May be a resident of the tax haven and is set up under a special company act with a simpler body of administrative laws