list the categories of corporations that is incorporated for the purpose of financial gain for its shareholders and indicate the abbreviations that are used to identify the relevant companies in south africa

just list and indicate

1 answer

In South Africa, corporations incorporated for the purpose of financial gain for their shareholders generally fall into the following categories, along with their common abbreviations:

  1. Public Company - Ltd (Limited)
  2. Private Company - (Pty) Ltd (Proprietary Limited)
  3. State-Owned Company - SOC Ltd (State-Owned Company Limited)
  4. Non-Profit Company - NPC (Non-Profit Company)

These categories represent different types of corporate structures available for businesses in South Africa.