7/26/2019 What Do Mean by - Inc., LLC, Pvt

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What do mean by - inc., LLC, Pvt. Ltd, ?what is difference?

1 following 3 answers

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Best Answer: What is meant by 'inc.', 'LLC', 'Pvt. Ltd'?

Meaning of Inc. (abbreviation, acronym)incorporatedlegally established as a corporation

LLC means Limited Liability Company

Meaning of Ltd. (abbreviation, acronym)Limited (Ld., ld)firm, company that is o rganized in suc h a wa y as to give its owners limitedliability

What is the difference between ltd and pvt ltd?

There are lots of differences. The major factor is number of shareholders andshareholding pattern. In Pvt. Ltd. Company the share holders comprise ofclose group of friends and relatives. A Pvt. Ltd. company can not make anoffer for public to subscribe its shares. Where as a Ltd. Company can given anadvertisement and invite general public to subscribe for its shares. Basically aPvt. Ltd. company is a corporate version of partnership firm where as a PublicLtd. company is a full fledged corporate body. For a Pvt. Ltd. companyminimum 2 shareholders are required whereas for Public Ltd. Companyminimum 50 shareholders are required. A share holder of a Public Ltd.company can transfer his shares freely at the stock exchange where theshares are listed whereas in a Pvt. Ltd. Company a shareholder can nottransfer his shares without the consent of other shareholders. Also shares ofthe Pvt. Ltd. company can not be listed on stock exchanges and hence cannot be traded there like shares of a Public Ltd. company. These are some ofthe major points of difference. For more details you need to refer The Indian

Companies Act 1956Source(s):http://www.english-test.net/toeic/vocabu... www.rmauduit.com/glossary-l.htmlhttp://wiki.answers.com/Q/What_is_the_di...

Krishnamurthy 6 years ago

2 0

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Inc. means Corporation or Incorporated

LLC means Limited Liability Company

Pvt. Ltd. means Private Limited company and it is not always recognized in allstates.

Source(s):http://www.incorporatefast.com

LisaD 5 years ago

0 0

Inc is the short form of incorporated. Incorporated refers to a company or

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7/26/2019 What Do Mean by - Inc., LLC, Pvt

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organisation that is formed into a legal corporation.

Abdur 2 years ago

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What do mean by - inc., LLC, Pvt. Ltd, ? what is difference?

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