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Types of Companies in UK In the UK, companies can be classified into several types based on their structure and liability. Limited Companies include Private Companies Limited by Shares (Ltd), where shareholders’ liability is limited to their shares, and Public Limited Companies (PLC), which can trade shares on the stock exchange. Limited Liability Partnerships (LLP) combine features of partnerships and companies, offering limited liability to partners. Sole Traders operate as individuals with unlimited liability. Unlimited Companies have no limit on shareholder liability, meaning members are fully responsible for the company’s debts. Each type has distinct legal and financial implications for its owners. Know more: https://enterslice.com/uk/company-incorporation-in-uk
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