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Topic: Types of companies


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In the News (Thu 24 Jul 08)

  
 Types ofCompanies
A "company limited by shares" means a company formed on the principle of having the liability of its members limited by the memorandum to the amount (if any) unpaid on the shares respectively held by them.
A company limited by guarantee may be distinguished from a company limited by shares in that in respect of the former, a member is not required to pay in nay any capital while the company is in a going concern.
The definition of a company having a share capital is given under section 4 of the Companies Act as including "an unlimited company with a share capital." Thus, both limited and unlimited companies may be companies having a share capital.
www.members.tripod.com /~syarikat/essential2.html   (1724 words)

  
 Types of companies
Section 9 defines such a company as one formed on the principle of having the liability of its members limited to the respective amounts that the members undertake to contribute to the property of the company in the event of its being wound-up.
Pursuant to s 517, upon the winding-up of a company, no contribution in the case of a company limited by guarantee is required from a member exceeding the amount undertaken to be contributed by that member to the property of the company.
Thus, when a company limited by guarantee is a going concern, there is no obligation for a member to subscribe to the amount of her or his guarantee; it is only in the event of winding-up that the member's legal liability arises.
www.findlaw.com.au /article/498.htm   (1042 words)

  
 UK Company Incorporation - Types of Companies   (Site not responding. Last check: 2007-10-21)
The majority of companies are those limited by shares, with members or shareholders who hold one or more shares issued to them by the company in return for payment.
Although most shares are fully paid and the shareholder has no liability for the company's debts, a shareholder's liability to the company's creditors is normally limited to the amount of any shares that have been issued to them and which they have not fully paid for.
A guarantee company has members, rather than shareholders, whose liability is limited by an amount, normally less than a £1, guaranteed by each member, which becomes due in the event of the company being wound up.
www.4business.com /ukincorp/companies.asp   (480 words)

  
 Types Of Life Insurance Companies
Keep in mind that life insurance should be purchased from an established and reliable company because you pay in the present and expect protection long into the future.
These dividends are a result of the company charging too high a premium rate for a particular year.
Life insurance may be purchased as an individual life insurance purchase from a company agent or through a group plan where you are a member of that group.
www.lifeinsuranceadvice.org /types_of_companies.html   (436 words)

  
 St Lucia Finance - FINCOS   (Site not responding. Last check: 2007-10-21)
These companies allow professionals to secure their income offshore as professional fees are paid directly into the offshore corporation, which company will in turn pay the professional an agreed sum for tax reporting purposes.
The use of this type of company is ideal for a developer or purchaser of intellectual property.
A common use of an offshore holding company is to fund a secondary company through loans in circumstances where the secondary company is located in a country that allows for the deduction of interest on such loans as a business expense.
www.stluciafinance.com /ibc-types.html   (395 words)

  
 THE COMMON TYPES OF BUSINESS ORGANIZATIONS
Company limited by shares is the most common type of company structure in Malaysia.
Small limited companies may have difficulties to borrow as extensively as desired, precisely they have limited liability thus banks and financial institutions may be unable to recover their funds if the business fails.
In the circumstances of a public limited company, the directors of a company have the responsibility to ensure that a prospectus is issued and circulated to the public and its contents are in accordance with the requirements of the Companies Act 1965.
www.law.du.edu /elliot/mobang/LIB/business.htm   (3097 words)

  
 The Hindu : The new concept of producer companies
The committee was asked (a) to frame a legislation that would enable incorporation of cooperatives as companies and conversion of existing cooperatives into companies and (b) to ensure that the proposed legislation accommodated the unique elements of cooperative business with a regulatory framework similar to that of companies.
On registration, the producer company shall become as if it is a private limited company with the significant difference that a minimum of two persons cannot get them registered, the provision relating to a minimum paid-up capital of Rs.
Every producer company has to maintain a general reserve in every financial year and in case there is not sufficient funds in any year for such transfer, the shortfall has to be made up by members' contribution in proportion to their patronage in the business This is a well-thought out provision.
www.hinduonnet.com /2003/06/30/stories/2003063000010300.htm   (1236 words)

  
 ASC 2001 Conference Abstract: Jason Hu-Ji-Xuan
From the viewpoint of a Type A company, a Type L company may be unreliable and with little efficiency.
From the viewpoint of a Type L company, a Type A company may be too fussy with detail data, inflexible and even cold-blood.
Type As are more likely to be observed in the U.S. and other Western countries while Type Ls are more likely to be found in China and other Asian countries, due to their dominating cultural difference.
www.asc-cybernetics.org /2001/ab01Hu.htm   (275 words)

  
 Investment Companies
Generally, an "investment company" is a company (corporation, business trust, partnership, or limited liability company) that issues securities and is primarily engaged in the business of investing in securities.
Some types of companies that might initially appear to be investment companies may actually excluded under the federal securities laws.
Investment companies are regulated primarily under the Investment Company Act of 1940 and the rules and registration forms adopted under that Act.
www.sec.gov /answers/mfinvco.htm   (410 words)

  
 Types of Companies   (Site not responding. Last check: 2007-10-21)
As a result, it is not held accountable in the eyes of the law.
Limited Liability Company: A legal form conceived to blend the advantages of the corporation with those of the partnership.
Limited Partnerships: This legal form differs from a general partnership in that there are one or more partners, called limited partners, who are not personally liable for the debts of the partnership and who are not expected or even permitted to participate in the day-to-day affairs of the partnership.
www.coface-usa.com /glossary/types_of_companies.html   (667 words)

  
 Types of Companies | S Corporation | Limited Liability
This type of general, for-profit corporation is referred to as a “C” corporation (referring to Chapter C in the IRS code).
The limited liability company or LLC is not a partnership or a corporation.
An LLC is a distinct type of business that offers an alternative to partnerships and corporations, by combining the corporate advantages of limited liability with the partnership advantage of pass-through taxation.
www.companiesinc.com /types.asp   (395 words)

  
 Types of Companies in the United Arab Emirates or UAE according to company law
Types of Companies in the United Arab Emirates or UAE according to company law
The UAE Company Law defines a company as "a contract in accordance with which two or more persons participate in an economic project by providing a share of the funds or effort required and to share the profits or losses resulting from such project".
Companies incorporated in the UAE have to take the form of one of seven types.
www.gulf-law.com /uaecolaw_types.html   (426 words)

  
 Types Of Companies?
Types of Companies Corporation: Fictitious legal entity separate from its owners, the shareholders.
Companies and corporations in India, Laws and incorporating regulations, incorporating in India, governmental approvals.
The types of company for which translations have recently been undertaken include:...
www.typesofcompanies.info /info/Types-Of-Companies%3F   (280 words)

  
 Types of Companies - SFS
The company's articles may require that there are at least two directors, but if this is not the case and there is just one director, a separate person must be appointed secretary.
Many of these types of company exist and a good example are the many Enterprise Trusts whose objects are generally constructed so that they offer support to the self employed.
While all public companies and most private companies have limited liability, it is possible to set up an unlimited company although the incidence of this is extremely rare.
www.sfsgo.com /typesofcompany.asp   (799 words)

  
 Setting up a Company
The private company limits its maximum number of members to fifty, restricts share transfers, and prohibits public invitation for subscription to its shares or debentures.
All companies are required to have a minimum of two directors, and at least half the number of directors must be citizen of Brunei Darussalam.
Foreign companies which establish a place of business in Brunei and do not incorporate a local company are requires to register as a branch of foreign company.
www.onebrunei.com /setupcompany/cl1.htm   (330 words)

  
 Companies in the UAE Civil Code
A company performing commercial activities or adopting one of the types specified in the Company Law shall also be considered commercial concern or merchant.
A company formed to carry on commercial business with the intention to trade will be considered a commercial company and is obliged to register, maintain books of account and be subject to commercial laws and regulations, unlike a company which merely invests and is considered a civil company.
Thus, when a person or a company is performing an activity not classified as trade and that person or company does not have the intention to trade as a profession, then that person is not classified as a merchant and that company is not classified as a commercial company but as a civil company.
www.gulf-law.com /uaecolaw_civil.html   (542 words)

  
 Highbeam Encyclopedia - Search Results for Types of companies
Types of Pottery It usually falls into three main classes—porous-bodied pottery, stoneware, and porcelain.
LILLY (ELI) & COMPANY - Exenatide LAR for treatment of type 2 diabetes.
Spanish biscuits company Cuetara has launched a new type of breakfast cereal.
www.encyclopedia.com /SearchResults.aspx?Q=Types+of+companies   (742 words)

  
 Invest FAQ:Mutual Funds:Types of Funds
A type of fund is typically characterized by its investment strategy (i.e., its goals).
The canonical example of a company that pays a fat dividend without growing much was a utility company, but with the onset of deregulation and competition, I'm not sure of a good example anymore.
The stock prices for these companies are less volatile than the small cap companies, but more volatile (and with greater potential for growth) than the large cap companies.
invest-faq.com /articles/mfund-types.html   (1122 words)

  
 Types of Companies Included
I try to include any company that collectors might argue was either a railroad company or a company very closely related to railroading.
If there is a question of whether to include a company or not, I ask whether their rail operation was critical to their overall survival as a company, not simply as a way to lower operating costs.
A few companies are included because they reported to the ICC as "common carriers." However, the mere fact that such reports exist is not necessarily sufficient reason for inclusion.
www.coxrail.com /types_of_companies.htm   (538 words)

  
 ECF FRAMEWORK:

Types of Companies Performing Evaluations

There are two possible explanations for this result: companies with high annual sales may have more permanent experienced supervisory personnel who “unofficially” evaluate their subordinates; or randomness associated with the pool of survey participants.
This was determined by comparing the number of performance evaluating companies in each company size bracket to the total number of respondents in each company size bracket (brackets are shown in Table 2).
When the survey results were analyzed in an effort to detect a relationship between the type(s) of electrical construction a company does and the company’s tendency to performance evaluations with their superintendents, no such relationship could be discovered.
www.engr.psu.edu /ae/ecf/view_page.aspx?id=98   (401 words)

  
 COMPANIES IN THE CAYMAN ISLANDS
These companies must be licensed for their particular activity under the Local Companies (Control) Law and must be sixty percent (60%) Caymanian owned, unless licensed to carry on business by the Immigration Board.
The company may deal in shares of exempted companies, foreign corporations or partnerships, but may only carry on such other business in the Cayman Islands as is necessary to the furtherance of its foreign business.
Upon approval a segregated portfolio company may create and issue shares in one or more classes, the proceeds of the issue of which shall be included in the segregated portfolio assets of the segregated portfolio in respect of which the segregated portfolio shares are issued.
www.corpserve.ky /caymancos.htm   (1044 words)

  
 Invest FAQ:Stocks:Types of Indexes
In this index, each of the N companies' price is weighted by the market capitalization of the company.
Once again, a large number of companies captures the broad market, but the specific number 500 is probably due to historical reasons when computating over 20,000 companies every day was difficult.
If you take into consideration that the price movements of companies are correlated with others, you are going to hedge your returns by buying different proportions of company shares.
www.invest-faq.com /articles/stock-index.html   (1051 words)

  
 Prospect Partners, LLC | Transaction Criteria: Types of Companies   (Site not responding. Last check: 2007-10-21)
We partner with management teams to acquire and help build companies in the “lower middle market” -- a segment comprised of companies with revenues typically between $10 and $30 million at the time of our investment.
We seek unique small companies, and are interested in a broad range of industries, including niche consumer, commercial, specialty distribution and service markets.
We are also interested in smaller companies in a leadership position that can be built upon, as well as in those that have the potential to become niche market leaders.
www.prospect-partners.com /interests/companies.shtm   (128 words)

  
 Franco Arabe Chamber of Commerce   (Site not responding. Last check: 2007-10-21)
The different forms of implementations are regulated in Tunisia by the new “Commercial Companies Code” promulgated by the law 200-93 of 3 November 2000.
The code regulates the management mode of all types of companies: partnership, limited partnership, the Unipersonal limited liability company, the joint stock company (the Public Limited company, and the partnership limited by shares), the Economic Interest Grouping and the Companies Group.
The most current types of companies in Tunisia are the Limited Liability Company (SARL) and the Public Limited Company (SA) especially with directory.
www.ccfranco-arabe.com /english/marche.php?code=237&pays=22   (128 words)

  
 Types of companies
Public companies are permitted by law to raise money from the public by offering their shares for sale, usually by listing them on the share market.
A proprietary company is usually smaller than a public company.
Proprietary companies are not permitted to raise money by selling shares to the public (although they can convert to public company status by 'floating' their shares).
www.rurallaw.org.au /handbook/xml/ch06s10s02.php   (212 words)

  
 Egypt: Understanding Egypt Oriented Travel Companies
Each type of travel company has certain advantages, and the purpose of this article is not to elude to one type being better then another.
This type of company may only put together a very few tours each year, and as often as not, the tours are specialized.
Larger companies may have an Egyptian specialist, and this is very good, but he or she will probably not be the person a tourist deal with when arranging an Egyptian tour.
www.touregypt.net /featurestories/tourcompanies.htm   (1726 words)

  
 Business Insurance Types
Business insurance may cover property of all types that you own or is in your...
There are several types of business insurance - find out what kind of business insurance you need.
Confused by the various types of insurance and all the variations in...
www.healthinsurancecare.com /business-search/business-insurance/business-insurance-types.html   (203 words)

  
 Vinyl Siding Types   (Site not responding. Last check: 2007-10-21)
Their goal is to be a guide for consumers through the complex levels of information about siding.
They do not sell siding, they do not accept advertising from siding companies and they do not have a vested interest in your decision regarding siding.
Types of siding include vinyl, wood, aluminum, fiber cement and steel.
www.best-in-siding.com /OPG/vinyl-siding-types.html   (673 words)

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