type if companies

Question 1

SARL

Answer 1

Private limited /limited companies ( Ltd) their shares are not quoted on the stock exchange

Question 2

SA

Answer 2

public limited companies ( PLC or plc)

Their shares are quoted and traded on the stock exchanges

Question 3

Sole trader (BrE)/ Sole proprietor (AmE).

Answer 3

This is a one- person business. The person may describe themselves as ‘self-employed’ (eg the owner of a small shop), or as a ‘freelancer’ if they are a professional who works for different clients (eg a photographer).

Question 4

Partnership.

Answer 4

A group of people who work together as equals (eg a firm of lawyers or architects). They share the risks and the profits.

Question 5

Private company :

Answer 5

The shares of the company are privately owned, usually by a small number of people. These shareholders typically include the founder of the company, possibly some close family members, and perhaps a few business associates who provided money for the company.

Question 6

Public company (BrE)/Corporation (AmE) :

Answer 6

These are the large companies that are listed on stock exchanges like Germany’s DAX, France’s CAC or the UK’s FTSE. They are called public because anyone can buy their shares. Note: do not confuse a state-owned enterprise with a public company