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I Am Setting Up a Company. What Does Pty Ltd Mean ...

Aug 06, 2019 · You have probably noticed that most company names end with the abbreviation ‘Pty Ltd’, short for ‘proprietary limited’. It refers to a private company where shareholders have limited legal responsibility for the company’s debts. Private companies are relatively easy to set up and not too difficult to maintain.…

Private Company (Pty) Limited) South Africa

Private Company (Pty Limited) South Africa. A Private Company (Pty limited) is treated by South African law as a separate legal entity and has to register as a tax payer in its own right. A Private Company (Pty limited) has a separate life from its owners and is required by the The Companies Act, No 71 of 2008 to perform rights and duties of ...…