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Limited Company Formation
12-16-2011, 10:12 PM
Post: #1
Limited Company Formation
In a limited company though the directors may be required to guarantee loans granted to the company, the shareholders of the company are not liable for the debts incurred by the company. This gives shareholders and directors a lot of financial immunity; something that is not possible if they were registered as sole traders. Thus a limited company is the basic foundation on which a business is built.

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Limited Company Formation - NitainHerry - 12-16-2011 10:12 PM

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