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  1. A company limited by guarantee (CLG) is a type of corporation where the company has no share capital (although rare exceptions exist).

  2. Ltd (Limited/有限公司): may denote either a private or public company limited by shares, or a company limited by guarantee. Under the Companies Ordinance, the name of a Hong Kong incorporated company may be registered in English, Chinese, or both.

  3. Feb 9, 2021 · What is a private company limited by guarantee? A private company limited by guarantee is a type of company normally set up by non-profit making organisations like charities, clubs and associations. A company limited by guarantee doesn’t have shares or shareholders but members, rather like a club.

  4. A company limited by guarantee is a type of corporation where the company has no share capital . Members instead act as guarantors of the company's liabilities: each member undertakes to contribute an amount specified in the articles in the event of insolvency or of the winding up of the company.

  5. A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets.

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