Limited Company

A Limited Company is one of the most common and trusted forms of business organization. It is a legally recognized entity that exists independently from its owners (known as shareholders). This means that the company itself is responsible for its own debts, profits, and legal obligations — not the individuals who run or own it.

The main feature of a Limited Company is limited liability. In simple terms, the financial risk of shareholders is restricted to the amount they have invested in the company’s shares. Their personal assets remain protected even if the company faces losses or bankruptcy. This makes the structure ideal for entrepreneurs and business owners who want to operate with security and confidence.

Types of Limited Companies

Private Limited Company (Ltd):

Owned by private shareholders and managed by directors.

Shares cannot be sold to the public.

Suitable for small to medium-sized enterprises.

Public Limited Company (PLC):

Can sell shares to the public through the stock exchange.

Requires a higher minimum capital.

Common for large corporations.