A private limited company, or LTD, is a type of privately held small business entity, in which owner liability is limited to their shares, the firm is limited to having 50 or fewer shareholders, and shares are prohibited from being publicly traded. A company becomes an independent legal structure when it incorporates.
18 Jun 2016
Authorized capital of the company is the amount of shares a company can issue to the shareholders. The companies have to pay the government an authorized capital fee to issues the shares in a company.