Limited Company

World In a limited company, the liability of members or subscribers of the World company is limited to what they have invested or guaranteed to the company. World Limited companies may be limited by shares or by guarantee. The former may be further divided in public companies and private companies. Who may become a member of a World private limited company is restricted by law and by the company’s rules. In contrast, anyone may buy shares in a World public limited company.

World Limited companies can be found in most countries, although the detailed rules governing them vary widely. It is also common for a distinction to be made between the publicly tradable companies of the plc type (for example, the German Aktiengesellschaft (AG), British PLC, Czech a.s., Italian S.p.A., Hungarian Nyrt. and the Spanish, French, Polish, Greek and Romanian S.A.), and the “private” types of company (such as the German GmbH, Portuguese Lda., British Ltd., Polish sp. z o.o., Russian ООО, the Czech s.r.o., the French s.a.r.l., the Italian s.r.l., Romanian s.r.l., Hungarian kft. and Slovak s.r.o. etc) World