Private Joint Stock Company (PJSC)

Posted on Posted in Incorporate Company

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. The members of a joint stock company must not be less than three. Joint stock companies fall under two distinctive categories : 1. Public Joint Stock Company whose promoters secure a portion of its share capital by way of transferring shares to the public and such a company is called a public company. 2. Private Joint Stock Company whose share capital, in its entirety, is secured by its promoters at the time of its formation and such a company is called a private company

17 thoughts on “Private Joint Stock Company (PJSC)

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