About: Proprietary company

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A proprietary company, the characteristic of which is abbreviated as "Pty", is a form of privately held company in Australia, Namibia and South Africa that is either limited or unlimited. However, unlike a public company there are, depending on jurisdiction, restrictions on what it can and cannot do. In Australia, a proprietary company is defined under section 45A(1) of the Corporations Act 2001 (Cth). Large proprietary companies are required to appoint an auditor and lodge appropriate financial statements with the Australian Securities and Investments Commission (ASIC).

Attributes	Values
rdfs:label	Proprietary company (en)
rdfs:comment	A proprietary company, the characteristic of which is abbreviated as "Pty", is a form of privately held company in Australia, Namibia and South Africa that is either limited or unlimited. However, unlike a public company there are, depending on jurisdiction, restrictions on what it can and cannot do. In Australia, a proprietary company is defined under section 45A(1) of the Corporations Act 2001 (Cth). Large proprietary companies are required to appoint an auditor and lodge appropriate financial statements with the Australian Securities and Investments Commission (ASIC). (en)
dcterms:subject	Types of business entity Australian corporate law
Wikipage page ID	1988278 (xsd:integer)
Wikipage revision ID	1101687945 (xsd:integer)
Link from a Wikipage to another Wikipage	Privately held company Prospectus (finance) Public limited company Limited company Limited liability Public company Namibia Corporations Act 2001 Singapore Company Fundraising Australia Australian Securities and Investments Commission Jurisdiction Types of business entity Revenue Assets Auditor Australian Company Number Australian corporate law South Africa Financial statement Shareholders Unlimited company Private company limited by shares Shareholder South African company law Financial year Australian company law Company number
sameAs	Proprietary company Proprietary company Proprietary company Proprietary company
dbp:wikiPageUsesTemplate	dbt:Flagicon dbt:More_citations_needed dbt:Reflist dbt:Use_dmy_dates dbt:Corporate_law
has abstract	A proprietary company, the characteristic of which is abbreviated as "Pty", is a form of privately held company in Australia, Namibia and South Africa that is either limited or unlimited. However, unlike a public company there are, depending on jurisdiction, restrictions on what it can and cannot do. In Australia, a proprietary company is defined under section 45A(1) of the Corporations Act 2001 (Cth). The Act puts certain restrictions on proprietary companies such as not permitting them to have more than 50 members (shareholders). Another important restriction relates to fundraising. A proprietary company must not engage in fundraising that would require a disclosure document such as a prospectus, an offer information statement, or a profile statement to be issued (sec.113(3)). The Act states in which circumstances a company must issue a prospectus when attempting to raise funds. This means that a proprietary company must not offer its shares to the public. Section 45A of the Act also distinguishes proprietary companies as either "large proprietary" or "small proprietary". The differences here relate to issues such as operating revenue, consolidated gross assets, and the number of employed persons. Large proprietary companies are required to appoint an auditor and lodge appropriate financial statements with the Australian Securities and Investments Commission (ASIC). (en)
gold:hypernym	Form
prov:wasDerivedFrom	wikipedia-en:Proprietary_company?oldid=1101687945&ns=0
page length (characters) of wiki page	5021 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Proprietary_company
is Link from a Wikipage to another Wikipage of	Quadrant Private Equity Sawyer's List of accidents and incidents involving the Lockheed C-130 Hercules Millennium Pictures Melbourne Motor Omnibus Company Project Iron Boomerang Blackmagic Design Anstalt Archer Capital Hot Tuna Clothing Jord International Besloten vennootschap Interlink Airlines SC Group Limited company Limited liability List of legal abbreviations CoSport Encore Films Eng Wah Global Golden Village The Smith's Snackfood Company Proprietary Limited company Sling Aircraft PTE A.G. Healing TransVolution Willowvale Motor Industries Minara Resources Pacific Equity Partners Paramount Group Forgacs Marine and Defence Wicked Weasel Panther Games Atlas Publications Chicken Licken (restaurant) Kinderling Kids Radio Cohousing Australian Artificial Intelligence Institute Australian Broadcasting Company Australian corporate law Pty Imparja Television MetaCDN Milkor (Pty) Ltd Red Lizard Software New PowerChutes Proprietary limited company Proprietary corporation Pty.

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