A Private limited company (Ltd) is the most common type of company incorporated in the Republic of Ireland. A private Limited Company is a Company where its shareholders liability is limited to the number of shares that they own, i.e. Its Shareholders are limited to its Creditors to the amount of shares they own in the company.
A Private Limited Company cannot be traded on the stock exchange. Private Companies limited by shares are required to have the suffix “Limited” or “Ltd” after their name.
A Private Limited Company must still make an annual return to the Companies Registration office, regardless to whether it has traded or not.
A private limited company consists of generally one to four members (Shareholders). A Private Limited Company can have one shareholder, and this is known as a single member company.
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