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Ga Limited Company  Form

Ga Limited Company Form

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Instructions and help about Ga Limited Company

hello and welcome to the tap business school in this video we'll be explaining exactly what a limited company is a limited company is a business entity where the shareholders or owners liability is limited this means they're only liable for the amount they've invested in shares or guaranteed to the company this means the owners of a limited company aren't personally liable for the debts of the company so their personal assets are protected if the company ever gets into financial difficulties a director is someone who runs a company usually in small limited companies the directors are the same people as the shareholders directors have certain responsibilities to the company as set out in the companies act they're responsible for running the company in the correct way and can still be legally liable if they act recklessly or incompetently for this reason it's worth doing some thorough research before incorporating your business we actually

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