What is a Limited Company?

What is exempt Pte Company, Pte Ltd and Public Limited Company. What is the difference?

Within Singapore, there are three kinds of limited companies.

Private Limited Company

A private limited company in Singapore has the maximum number of shareholders limited to 50. The Memorandum of articles of association restricts the right of its members to transfer shares in the company.

Public Company Limited by Shares

A Public company limited by shares incorporated in Singapore can have stakeholders more than 50. These companies may or may not be listed in the stock exchange. If they are listed in the stock exchange, they would be referred to as ‘Listed Companies.’ These companies can offer shares to the public after registering a prospectus with the Monetary Authority of Singapore (MAS) before making any public offering of shares and debentures.

Public Company Limited by Guarantee

This is a company incorporated in Singapore that carries out non-profit activities with a national or public interest. The Ministry may approve of the registration without the addition of the word limited.