Public Company Limited by Guarantee

A public company limited by guarantee is often used for not-for-profit organisations (such as sporting clubs or charities). It does not have share capital and must not distribute income to its members.

Public Company Limited by Shares

A public company limited by shares has share capital, may offer its shares to the general public and can be (but usually isn’t) listed on the stock exchange.

Proprietary Company

A proprietary company is the most popular type of company. It is generally the most appropriate company structure for many small businesses.