COMPANY AND PUBLIC & PRIVATE LTD COMPANY SUBMITTED BY: Sadia Kamal Shifa Roll No: Course: SUBMITTED TO: FORMATION OF COMPANY: A joint stock company is a company whose capital is divided into shares and the liability of whose shareholders is limited to the par value of the shares respectively held by them. Joint stock companies fall under two distinctive categories. The first category consists of a company whose promoters secure a portion of its share capital by way of transferring shares to
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A public sector is an organisation or a company that was set up to provide a service to the public. An example of this is the National Trust. The National Trust is an organisation‚ a charity that is independent to the government; it is a public limited company. They get their income from the membership fees‚ donations from the public legacies and revenue that is raised from their commercial operations. The organisation aim is to protect the buildings countryside and coastlines of the UK. They do
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Victoria’s Secret has 1‚040 stores globally with more than 6 million square feet of retail space. Net sales are more than $5 billion and average sales per selling square foot are $581. However‚ when the word globally is used‚ it actually means the United States. International sales are mostly mail order or at a handful of airport stores. Victoria’s Secret could position their international presence better and is something they should work on. Victoria’s Secret still might be a secret to a lot
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Content Part 1: Organisation Profile Precisely describe the selected organisation covering the name‚ nature of business‚ size‚ vision‚ products and/or services offered‚ its competitors‚ revenue generated (supported by statistical data) and a brief description of company founder as well as its history. The organisation selected by our group is called IFCA MSC Berhad. It Is a business software solution company and established in 1987. It is specializing in the property industry for 30 years
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BARRBIZTM Volume 1‚ Issue 4 October 2010 Establishing a Business In the United Arab Emirates The benefits of establishing a business in the country include corporate tax holidays to most sectors‚ no personal taxes‚ no currency restrictions and freedom to repatriate capital and profits. Top multinational companies and global professionals have joined hands with the UAE for business projects of 1988 is the Federal Law regulating the formation and functioning of all commercial companies
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CONTENTS PAGE Introduction……………………………………………………………….Page 3 First Organisation 1.0…………………………………………………...Page 3 Second Organisation 2.0……………………………………………….Page 3 What goods do Marks and Spencer’s sell? 1.1...............................Page 3 What service does Cancer Research offer? 2.1..............................Page 3-4 Business Activity 1.2…………………………………………………….Page 4 Business Activity 2.2…………………………………………………….Page 4 Business Sector 1.3………………………………………………..........Page 4 Business Sector
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INVESTIGATE TWO SEPARATE BUSINESSES‚ ONE A PROFIT ORGANISATION AND THE OTHER A NON PROFIT ORGANISATION DESCRIBE THE TYPES OF BUSINESSES‚ PURPOSE AND OWNERSHIP. INCLUDE IN THE DESCRIPTION‚ THE LIABILITY OF THAT BUSINESS. BUSINESS 1: RIVER ISLAND BUSINESS 2: OXFAM RIVER ISLAND: PROFIT ORGANISATION ‘With over 60 years of fashion retailing experience‚ River Island is one of the most successful companies on the High Street. River Island has nearly 300 stores across the UK‚ Ireland and
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1968 Associated Dairies bought out the Asquith Brothers stores and became the company we know today as ASDA (ASquith + DAiries). They are currently the 2nd largest chain in the UK. ASDA is what is known as a Ltd Company which means it is a private limited company‚ a Ltd is owned by family or friends and are quite often larger in size than a sole trader or partnership company. Being a Ltd company gives the owner(s) much more control over decisions and the directions in which the company is going‚ though
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examples Veil lifting by the courts Classical veil lifting‚ 1897–1966 The interventionist years‚ 1966–1989 Back to basics‚ 1989–present Tortious liability Parent company personal injury tortious liability Commercial tort The costs/benefits of limited liability Introduction 3.1 Book 7a.indb 31 You may not unnaturally wonder at this point what the phrase ‘lifting the veil’ is about. It refers to the situations where the judiciary or the legislature have decided that the separation of
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Lesson 1. Aggregate vs. Entity Approach 1. Aggregate approach: the partnership as a separate entity is disregarded and each partner is viewed as directly owning an undivided interest in the partnership’s assets operations. If the tax law used only aggregate concepts‚ the partnerships and their partners would be treated: - Each partner would be taxed on share of partnership income and would be viewed as owning a direct interest in each partnership asset. - Contributions and distributions would
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