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COMPANY LIMITED BY SHARESMEMORANDUM AND ARTICLES OF ASSOCIATION OF AER LINUS GROUP PUBLIC LIMITED COMPANY (effective as 1 June 2015)INCORPORATED 21st day of December, 1993AC×17386361.1COMPANIES ACT
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What is company limited by shares?
A company limited by shares is a type of corporation where the liability of its members is limited to the amount unpaid on their shares. The ownership of the company is divided into shares, and shareholders are only liable for their unpaid portion of the shares they hold.
Who is required to file company limited by shares?
Any business entity that is structured as a company limited by shares is required to file with the appropriate government agency in the jurisdiction where it is incorporated. This usually involves filing annual returns and financial statements.
How to fill out company limited by shares?
To fill out a company limited by shares, the shareholders must agree to the distribution of shares, the amount to be paid for each share, and the rights and responsibilities attached to each share. This information must be recorded in the company's articles of association.
What is the purpose of company limited by shares?
The purpose of a company limited by shares is to give businesses a separate legal identity from their owners, while also limiting the liability of shareholders. This structure allows companies to raise capital by selling shares to investors.
What information must be reported on company limited by shares?
Information that must be reported on a company limited by shares includes the names of shareholders, the amount paid for each share, the total number of shares issued, and any changes in share ownership. Additionally, annual financial statements must be filed with the relevant government agency.
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