What are the types of companies in Lesotho?

There are various types of companies in Lesotho. Here are some:

1. Sole Proprietorship: This is a type of company operated and owned by a single person. The owner is individually responsible for all liabilities of the company.

2. Limited Liability Company (LLC): This is a type of company established by more than one partner. Partners have limited liability for the company's debts. In Lesotho, LLCs are called "Private Limited Liability Companies".

3. Joint Stock Company (Public Limited Company - PLC): This is a type of publicly traded company. The company's shares can be offered to the public and the company's capital is represented by shares.

4. Cooperative Company (Cooperative Society): This is a type of company established on the principle of mutual assistance and solidarity of members. In Lesotho, cooperatives operate in different fields such as agriculture, consumption, finance, energy, etc. It is found in sectors such as.

5. Public Corporation: These are companies that are state-owned and provide public services. There are public companies in Lesotho that provide infrastructure services such as electricity, water and telecommunications. These are just a few examples of the types of companies found in Lesotho. Other types of companies can also be found in Lesotho and it is important for those wishing to establish a company to act in accordance with local laws and regulations.