Constitutional Corporation
A Constitutional Corporation is a company involved in financial or trading activities, either based in Australia or overseas, often identified by 'Pty Ltd' or 'Ltd' in its name.
Constitutional Corporations are businesses that engage in financial transactions or trade, and they can be either Australian or foreign based companies. The designation 'Pty Ltd' (Proprietary Limited) or 'Ltd' (Limited) in a business name usually indicates this status. These corporations are subject to specific legal and regulatory frameworks, which include certain workplace and employment laws under the Australian Constitution.
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