What's the difference between Inc and Ltd???
Answers
Answered by
8
Answer:
for Limited Companies. ... In a limited company, directors and shareholders have limited liability for the company's debt, as long as the business operates within the law. Its directors pay income tax and the company pays corporation tax on profits. The term is used interchangeable with Inc. or incorporated.
Answered by
1
Answer:
for Limited Companies. ... In a limited company, directors and shareholders have limited liability for the company's debt, as long as the business operates within the law. Its directors pay income tax and the company pays corporation tax on profits. The term is used interchangeable with Inc. or incorporated.
hope it's helpful to you
Similar questions