Outline a classification of registered companies on the basis of share capital.

Share capital constitutes the divisions into which a company‟s capital is divided. A classification of Companies on the basis of share capital places companies into five categories, namely:
 Company limited shares ipso facto has a share capital
 Company limited guarantee with a share capital.
 Company limited guarantee without a share capital.
 Unlimited company with a share capital.
 Unlimited company without a share capital.

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