3. PRIVATE COMPANY
LIMITED BY SHARE
PRIVATE COMPANY
LIMITED BY
GURANTEE
PRIVATE LIMITED
COMPANY (PLC)
PRIVATE UNLIMITED
COMPANY
COMPANIES
4. A company not having any
limit on the liability of its
members
5. The members accept complete
liability for the company's debts. If
the company needs money to pay
its debts a call can be made on each
of the shareholders to contribute a
fixed amount on each share held
by them.
6. ADVANTAGES
• Unlimited Liability
• Taxation & Tax Advantages
• Using own house
• Ownership & Control
• Employee Shareholders
DISADVANTAGES
• Complex Accounts
• Risky
