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what do they mean? i've seen a lot of those letters on company names... anyone explain?
Co, Pty, Ltd, Inc, Corp, and others.

2007-02-22 17:39:30 · 4 answers · asked by Anonymous in Business & Finance Corporations

4 answers

Ltd is a company limited by shares, but older companies used this abbreviation for all limited companies, such as Limited Liability Partnerships(LLP), Limited Liability Companies(LLC), Limited Partnerships (LP).
Co. is simply a company which can be any business , in fact, all of the things you are asking about can be called companies.
Corp. is a company owned by many people or groups.
Pty. means indicates that a party, or proprietor, exercises private ownership, control or use over an item of property, usually to the exclusion of other parties.
Inc. is quite complex and can be quite similar to a corporation or can be a non-profit
There are also NL means not limited and some common foreign abbreviations are AG (Aktiengesellschaft - German: "stock corporation"), GmbH (Gesellschaft mit beschränkter Haftung - German: "Company with limited liability"), S.A. ("Sociedade Anônima", Portuguese: "anonymous society" = Stock Corporation), S.r.l ("società a responsabilità limitata") - Italian: "limited liability Company", S.p. A. ("Società per Azioni") - Italian: "Shares-based Company", and PLC after a UK or Irish company name indicate that it is a public limited company, a type of limited company whose shares may be offered for sale to the public. (The equivalent term in the United States is Public company)

2007-02-22 18:04:28 · answer #1 · answered by dpanic27 3 · 1 0

Well Blah Inc generally manufactures office supplies, while Sth Co., Ltd has a history of producing children's toys, cribs, and land mines. More importantly, however, is the difference between their work environments. Blah Inc has many rules for the employees (such as a strict dress code), but the pride the Blah Inc employees feel generally outweighs the problems that could arise from such a formal atmosphere. Sth Co., Ltd has a much more relaxed office environment and encourages employees to take home toys/cribs/land mines and come up with innovative ideas (such as disguising a land mine as a crib) on their own. This has been a major factor in their success--Sth Co., Ltd actually landed a contract with the Department of Defense for 60,000 crib-mines following the September 11th attacks.

2016-05-24 01:19:57 · answer #2 · answered by Anonymous · 0 0

Pty Ltd Vs Cc

2016-12-18 07:44:48 · answer #3 · answered by Anonymous · 0 0

"Inc." means the company is legally established as a corporation. It means it has its articles of incorporation, submitted to a government regulatory body. It is considered a legal entity that is separate and distinct from the persons who own it. A corporation's stockholders have limited liability (they only lose what they invest) and that ownership transfer is done through the sale of stocks.

A "Pty." means proprietary. Under Australian laws, it is a corporate entity that has at least one shareholder with a limited number of shares. The difference between a Pty. and a corporation is that its shareholders potentially have unlimited liability.

"Ltd." means private limited company. In British laws, it is an entity that provides limited liability to its shareholders; meaning they enjoy more protection in terms of debts, and other liabilities.

2007-02-22 18:05:17 · answer #4 · answered by DarkAngel 4 · 0 0

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