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Limited company – What is a limited company
- January 3, 2014
- Posted by: admin
- Category: Uncategorized
A limited company is a company in which the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company.
Limited companies may be limited by shares or limited by by guarantee.
Which means that; a limited company is only obligated to give services to it’s customers in a limited form of merchandising which is restricted by the laws of interest and taxing.
That which is limited by restricted laws, allowing the business partners in a limited company to comply to the laws of usury, taxing, colonialism, imperialism, common wealth of nations, and reckoning.
The products and services of a limited company cannot be traded in the stock market, see also the article called; Private company limited by shares…
During the time when the western influence of colonialism and imperialism was spreading over the face of the earth, constituted laws that controlls limited companies were designed by England to restrict, to tax, and to enforce interest rate upon the businesses that will arise from their colonized colonies.
And the former of these, a limited company limited by shares, may be further divided into public companies and private companies.
Who may become a member of a private limited company is restricted by law and by the company’s rules.
Article taken from wikipedia and updated by Conscious lifestyle