Kriti (n/a) (300 Points)
08 February 2023Pte Ltd stands for "Private Limited" and is a type of business structure commonly used in Singapore and other countries. It is a privately held company with a limited number of shareholders, who have limited liability for the company's debts. The ownership and management of a Pte Ltd is separate from its shareholders, making it a popular choice for small and medium-sized businesses.
Anita Aldrich
(2 Points)
Replied 15 February 2023
One of the key benefits of a Pte Ltd is that the ownership and management of the company are separate from its shareholders. This means that the company can be managed by a professional team or board of directors, while the shareholders focus on providing capital and receiving dividends. Additionally, Pte Ltds are popular choices for small and medium-sized businesses because they offer various tax benefits, limited liability protection terraria, and easier access to capital.
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