Incorporated business: (Corporation)

Is a type of business that offers many benefits over being a sole

proprietor or partnership, including liability protection and additional
tax deductions. Many different businesses join together to become
one..

Limited liability

No legal thing exist between owner and business (company)

Board of directors

Is a body of elected or appointed members who jointly oversee the

activities of a company or organization.

A group of people who controls the business. Elected by
shareholders (Simpler)

Private limited company

They dont sell the share in the stock market. Usually more control
as it is family mostly business (MARS, Rolex, LEGO

Public limited company

Put shares in the stock exchange market (KORS, NKE, APPL)

Initial Public Offering (IPO)

Stock market launch is a type of public offering in which shares of

stock in a company usually are sold to institutional investors that in
turn, sell to the general public for the first time (from private limited

company public limited company)

When they have put the share in the stock exchange for the first
time

Flotation

The process of selling the share in the stock market to the

shareholders

Stock exchange

Stock market: place where they buy and sell stocks

Memorandum of association

Legal document that outlines the details of the company (name,

purposes, address)

Articles of association/incorporation

Is a document that contains the purpose of the company as well as

the duties and responsibilities of its members defined and recorded
clearly (deeper). They also talk how the profits will be distributed

Inc. or Corp (USA)

Incorporation or corporation

LLC (USA)

Limited liability company

PLC (UK)
Private/Public Limited Company
PTE (UK)
Private Limited Company
Ltd. (various)
Limited Company
Sdn. Bhd (Malaysia)

Sendirian Berhad (private)

Tbk. (Indonesia)

Terbuka

PT (Indonesia)

Perseroan Terbatas

Pte. Ltd (Singapore)

Proprietary Limited