Property	Value
A technical identifier, unique in a certain context. Technical key	`AU_6881`
The country a linked concept is active or generally relevant for. Country scope	AU (Australia)
Language-specific name. Monolingual name	Limited Proprietary Company (en)
Language-specific main abbreviation. Monolingual main abbreviation	Pty Ltd (en)
Abbreviation which is also valid and used in practice. Alternative abbreviation	Proprietary Ltd, Pty Limited, PTY LTD, PTY. LTD., Pty. Ltd., Pty Ltd, Pty Ltd., Proprietary Limited
Informal and comprehensive human-readable definition of a concept. Description	A Proprietary Limited Company is the workhorse private company of Australia, identified by the suffix Pty Ltd. Shareholders are liable only for amounts unpaid on their shares, the company may have up to fifty non-employee shareholders, and it cannot raise funds from the general public. It requires at least one director resident in Australia and is registered nationally with the corporate regulator. Small proprietary companies have limited reporting duties, which keeps compliance costs modest.
Category to group legal forms with a similar purpose, beside country-specific aspects. Legal form category	Limited Liability Company

Mapped controlled vocabulary terms

Category:ReferenceDataTerm	Technical name	Data source	Description	Parent concept
PRV (AU.BR)	PRV	AU.BR (data source)	Australian Private Company	entityTypeCode (AU.BR)
TXVC (LEI)	TXVC	LEI (data source)	Limited Proprietary Company (English)	EntityLegalFormCode (LEI)

`AU_6881` (CDQ)