What is the difference between a private company and a private limited company?
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Answer:
Cargill is a private company: http://www.privco.com/private-company/cargill-incorporated (A Private Limited Company is simply the term in many countries outside the U.S. for a privately-held company). Note to research private companies (or pvt. ltd. companies etc.) I recommend using PrivCo (private company financial research site): http://www.privco.com
manhattanguy at Yahoo! Answers Visit the source
Other answers
Cargill is a private company: http://www.privco.com/private-company/cargill-incorporated (A Private Limited Company is simply the term in many countries outside the U.S. for a privately-held company). Note to research private companies (or pvt. ltd. companies etc.) I recommend using PrivCo (private company financial research site): http://www.privco.com
manhatta...
A public company like Microsoft, HP Computers, Sears and Walmart are owned by a large number of shareholders around the world. The shares of these companies are traded in the stock exchange. A private company is owned by a small group of people (and it could be owned by just one person). The shares of these small private companies are owned by one or more persons and the shares of these small companies are not traded in the stock exchange. The government never get involved in the management of these public or private companies, except to enact the law and legislation.
Henry W
In Private Limited Company the company shares are owned by Directors and Promoters. In Limited Company or Public Limited Company the company shares are owned by the public. 1. Pvt. ltd is wholly private follow the rules and regulation of govt. but implement as its own rules, where as LTD company simply follow the govt rules and implement as per govt. 2. In Private CEO/ chairman is the owner of the co. where as in LTD there have a govt appoint person. 3. In Ltd u got bonus/ gratuity and other benefits where as pvt have some restriction from them. 4. In Ltd u got leave per year where as in pvt no work no pay. like lots of benefits were restricted in pvt. company.
mark m
A public company like Microsoft, HP Computers, Sears and Walmart are owned by a large number of shareholders around the world. The shares of these companies are traded in the stock exchange. A private company is owned by a small group of people (and it could be owned by just one person). The shares of these small private companies are owned by one or more persons and the shares of these small companies are not traded in the stock exchange. The government never get involved in the management of these public or private companies, except to enact the law and legislation.
Henry W
In Private Limited Company the company shares are owned by Directors and Promoters. In Limited Company or Public Limited Company the company shares are owned by the public. 1. Pvt. ltd is wholly private follow the rules and regulation of govt. but implement as its own rules, where as LTD company simply follow the govt rules and implement as per govt. 2. In Private CEO/ chairman is the owner of the co. where as in LTD there have a govt appoint person. 3. In Ltd u got bonus/ gratuity and other benefits where as pvt have some restriction from them. 4. In Ltd u got leave per year where as in pvt no work no pay. like lots of benefits were restricted in pvt. company.
mark m
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