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单词 Proprietary company
释义

Proprietary company

英语百科

Proprietary company

A proprietary company is a form of privately held company in Australia 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).

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