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What is the difference between a company limited by shares and another limited by guarantee?

April 26, 2017COMPANY difference guarantee limited Shares

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What is the difference between a company limited by shares and another limited by guarantee?

1 Answer

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10 Posted

The main distinction between the toe types lies within the kinds of activities which they typically undertake. Companies limited by shares are usually profit orientated businesses and thus have commercial based memorandum and articles of association applied in their company formation submissions.