Private Limited Companies Flashcards
1
Q
How many share holders can an LTD have
A
50 maximum
2
Q
What limits do they have?
A
They have share limits
3
Q
What are the dis advantages of a PLC
A
You have a limit to what you can trade
4
Q
What are the advantages of a PLC
A
It is easier for you to trade and it is more accessible for for local people so therefore it would cost more