Can a private company use the word, "limited" in its name?

[King Belieal]

I see some businesses use the word, "limited" in their names. What does this imply in describing the nature of the business? Can a private company also use the word, "limited" in its name? Any special requirements?

 

[Cpvr]

limited company (LC) is a general form of incorporation that limits the amount of liability undertaken by the company's shareholders. It refers to a legal structure that ensures that the liability of company members or subscribers is limited to their stake in the company by way of investments or commitments. In a legal sense, a limited company is a person.


Any type of business can set up as a private limited company – for example, a plumber, hairdresser, photographer, lawyer, dentist, accountant or driving instructor.

 

[Kera]

A private company that is duly registered and is structured to make it's liabilities limited can use the word, limited, in its name.

 

[Nomad]

There are two different kinds of limited companies, one private limited, and two, public limited. Private limited does not trade publicly.

 

[Xtynehappy]

Of course the private companies are allowed to use the word limited on their ending. In my country the number of the private limited companies exceeds the public companies.

 

[SilverLance]

A private company can also use the word "limited" in its name, as long as it meets certain requirements depending on the jurisdiction.

 

[Xtynehappy]

Of course yes. The private companies include the word limited on its ending because they are allowed by the registrar of business companies in my country.

 

[SilverLance]

When a company has Limited in its name, it means that the shareholders are only liable for the amount they've invested in the company. This gives shareholders some protection and makes the company more appealing to investors.

 

[Bawse]

I wasn't aware about using limited in your business name. Good to know.

 

[eLdavis]

A private company can use the word limited from what I know unless there is a specific reason or criteria why limited cannot be added.

 

[Springtime]

In my city, to set up a private limited company needs to follow some business registration requirements, including incorporation, appointment of directors, and applying for business license.

 

[SilverLance]

In my city, to set up a private limited company needs to follow some business registration requirements, including incorporation, appointment of directors, and applying for business license.

It's important for any private company to follow the necessary registration requirements in order to operate legally and ethically.

 

[Nomad]

If the company is registered in the company registrar office for private limited, it cannot use the word limited. That will be an offense.

 

[Augusta]

A private company can be a legal structure ensuring that the liability of company members is limited to their stake in the company by way of investments