Australia Business Law

Proprietary Company
A proprietary company, commonly marked with the suffix 'Pty' or 'Pty Ltd,' is a type of privately held business entity predominantly associated with Australia. Such companies have restrictions on the transferability of shares and are limited to a maximum of 50 shareholders.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.