“What does Pty Ltd, or proprietary limited mean?” I hear you ask. It essentially holds two meanings. The Ltd stands for limited liability, which essentially means that the liability of the company’s owners (i.e. it’s shareholders) is limited to their investment in the shares. Pty stands for proprietary, and simply indicates the company is privately owned (i.e is not traded on the public market).
I feel stupid most of the time, feel somewhat confident the rest. Just figuring things out as I go while remaining joyful and enthusiastic about life