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Number of members: A PBC can have a maximum of 20 members, while a PLC can have a maximum of 50 members. Shareholders: A PLC can have shareholders, which are individuals or companies that own shares in the company. A PBC does not have shareholders, but instead has members, which are individuals who are responsible …

The main differences between a Private Business Corporation (PBC) and a Private Limited Company (PLC) in Zimbabwe are: Read More »

One of the main advantages of registering a company is that it provides limited liability protection to its owners. This means that the owners’ personal assets are separate from the company’s assets, and they are not personally liable for the company’s debts or legal issues.