Earn a

Established business
by group of profit Divided
individuals into private
and public
companies

COMPANY
Operate
business Have different
commercial or ownership, structures.
industrial ensures the regulations, financial
protection of reporting requirements
enterprise
limited liability to
the shareholders
and investors.  

Classifications of Company
Public Private
Company Company

 Can run business Limited By Share

Limited By Guarantee
Limited By Shares independently from
 Doesn’t have shares personal affairs.  Limited by shares of
 Limits the liability of
or shareholders  Third parties must its shareholders
its shareholders to
 No profits sign contracts with  Shareholding is
any amount of
distributed to company rather than closed to larger
shares unpaid
guarantors directly publics
 Minimum number
 Minimum number of
shareholder is two
shareholder is two
while maximum is
while maximum is 50
unlimited Unlimited Unlimited 