text: what's the difference between ltd (limited company), plc (public limimted company), inc (incororated company)?   incorporated company is a company formed by two or more people and is organized and maintained as a legal corporation.  it is a universal set consisting of limied company and unlimited company.  limited company is a company in which responsibility is taken by a group of people for anything happening.  and limited company can be furthes divided into public and private ltd. company  public limited company is one which can be made open to public for investing money in form of shares,debentures.