Asiabizservices Explains What PTE LTD Company Is In Singapore
A private limited company is a corporate entity treated and recognized as a legal person in legal and
business community.
Generally known by concluding words like Private Limited or PVT LTD on...
More
Asiabizservices Explains What PTE LTD Company Is In Singapore
A private limited company is a corporate entity treated and recognized as a legal person in legal and
business community.
Generally known by concluding words like Private Limited or PVT LTD on its business
name, a private limited company is the most popular business structure registered in Singapore.
Because of its legal personality, a private limited company is afforded all the rights a legal and natural
person enjoys.
Thus, using its name, the company can possess assets and properties, incur profits and
liabilities, sue companies and individuals and be sued against another.
A business consultant and market analyst in Singapore has more to say of a private limited company.
“The structure is designed to protect shareholders from each other and from themselves,” Han begins,
referring to liability and losses.
“Shareholders are protected from liability of the company and from other shareholders due to negligence or
unwise
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