Glossary entry

English term or phrase:

PTY Company

Arabic translation:

شركة مالكة

Added to glossary by Abdelmonem Samir
Apr 30, 2006 08:21
18 yrs ago
24 viewers *
English term

Discussion

atef Sharia May 1, 2006:
As per WIKI,; A Proprietary limited is a business structure that has at least one shareholder with a limited number of shares. The opposite of Proprietary Limited is the Public limited company.
So How come this to be translated to شركة مالكة.
mutargm (asker) Apr 30, 2006:
Limited Company
Zeinab Asfour Apr 30, 2006:
so is this a Limited or unlimited company dear Mutargm!
Zeinab Asfour Apr 30, 2006:
Unlimited - Shareholders face unlimited liability
Zeinab Asfour Apr 30, 2006:
Under the governing Australian Corporations Act 2001 (Cth), a proprietary company must either be:

Limited by shares (Ltd.) - Shareholders are afforded more protection when it comes to the level of liability they face for company debts.
Zeinab Asfour Apr 30, 2006:
Good question Dear Sam....
Sam Berner Apr 30, 2006:
Do you have LTD after the PTY? It is "proprietary"
Zeinab Asfour Apr 30, 2006:
Check the following : http://www.proz.com/kudoz/595399

Proposed translations

+1
7 mins
Selected

شركة مالكة

Proprietary company
Peer comment(s):

agree Sam Berner
4 mins
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4 KudoZ points awarded for this answer. Comment: "Tahnk you Very MucCH!"
16 mins

ذات ملكية محدودة

Proprietary limited company

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Note added at 29 mins (2006-04-30 08:51:33 GMT)
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شركة ذات ملكية محدودة
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+2
35 mins
English term (edited): pty ltd company

شركة مالكة ذات مسؤولية محدودة

I just asked a lawyer here what it was that was "limited" and the response was "the company's responsibilities as a legal entity".
Peer comment(s):

agree Hebat-Allah El Ashmawy
5 hrs
agree Mahmoud SALIH
1 day 1 hr
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2 hrs

شركة التوصية البسيطة

AS per WIKIpedia
PTY is a proprietary limited company must have at least one shareholder and must have no more than 50 non-employee shareholders and at least one director who must live in Australia with an appointed secretary that must be at least 18. One person may hold both positions of company director and secretary.

In Jordan it is called Limited Partnership company

Article (41): Founding of a Limited Partnership

A Limited Partnership is formed of the two following categories of partners whose names should be listed in the Partnership Agreement

http://www.mit.gov.jo/commpanylowPart2_En.asp

In arabic it is called شركات توصية بسيطة

شركة التوصية البسيطة
المادة (41): تأسيس شركة التوصي

تتألف شركة التوصية البسيطة من الفئتين التاليتين من الشركاء وتدرج وجوبا اسماء الشركاء في كل منهما في عقد الشركة.

http://www.mit.gov.jo/ccd_low/main.htm
http://en.wikipedia.org/wiki/Pty
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2 hrs

شركة أهلية

قد تكون ذات مسؤولية محدودة أو لا تكون
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14 hrs

شركة ذات ملكية خاصة وأسهم محدودة

خاصة is used here to denote (non-pulbic), with at least one shareholder.
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