All limited-by-shares companies must have 'Ltd' in their names, but a private company is distinguishable from a public company because it has 'Pty' as well as 'Ltd' in its name.

Question

Quizplus · Accepted Answer

In many jurisdictions, the naming conventions for companies distinguish between private and public companies. A private company typically includes "Pty Ltd" (meaning Proprietary Limited) in its name, indicating it is a private entity, whereas a public company often ends with just "Ltd" (Limited), indicating it has the ability to sell shares to the public.

All Limited-By-Shares Companies Must Have 'Ltd' in Their Names, but a Private