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Highstone Company Formations - Limited Company Formations, Limited Liability Company Formations, Online Company Formations

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This is a company where the privately owned or publicly owned shares in the company are held by shareholders (whether private individuals or the general public). The shareholders can include the directors of the company.

1. A private company limited by shares - the members' liability if the company is wound up is limited to the amount unpaid on shares that they hold.

2. A private company limited by guarantee - the members' liability is limited to the amount they have agreed to contribute to the company's assets if wound up.

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Highstone Co. Formations

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