Cambrige Notes: Private Limited Companies
ZIMSEC O Level Commerce Notes: Business Organisations: Private Limited Companies
- Its operations are governed by the Companies Act.
- Formed by 2-50 shareholders.
- In other countries a company is formed by 2 or more people with no maximum number of shareholders.
- Has a lot of legal formalities including:
- It has to create an Articles of Association, Memorandum of Association and […]