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1 main advantage of a private limited company
what is Free and easy transfer of shares and fund raising
Name the private limited company that deals with plumbing
What is Jamaica Plumbing Supplies Limited
The definition of Private Limited Company
What is A type of company that offers limited accountability for its shareholders but has a certain restrictions on its ownership.
True or false Private Limited companies can have more than 100 shareholders
What is False
Name at least two Characteristics of a private limited company
What is members, limited liability , A number of Directors, perpetual succession, paid up capital or Index of members
1 disadvantage of private limited company
what is the number of shareholders cannot pass 50 or in stock exchange shares cannot be quoted.
Name a Jamaican owned private limited company
What is Jamaica Private Power Company, Caribbean cement company limited or Boilerco ( Jamaica) limited
Name 3 documents required for forming a private limited company
What is the directors & shareholders documents, identity proof, proof of address and registered office proof.
True or False, most private limited companies are small
What is True
The process to be followed by forming a private limited company.
What is name approval, digital signature, filing of incorporation documents and private limited incorporation.
How long does a PLC take to form after the documents and filing applications are verified
What is, Normally ten days
True or false index of members is not a characteristic of a private limited company
What is False