What is company limited by shares
A company limited by shares is a type of company structure in which the shareholders’ liability has limited to the amount of money they have invested in the company. This means that the shareholders are not personally liable for any debts or liabilities incurred by the company beyond their investment. The shares of the company own by the shareholders. Because they receive a portion of the company’s profits in the form of dividends. The company run by a board of directors, who can elect by the shareholders to manage the company’s affairs.
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