A limited company is a company in which the liability of the members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by shares or by guarantee. And the former of these, a limited company limited by shares, may be further divided into public companies and private companies. Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast anyone may buy shares in a public limited company.
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 plc type (for example, the German Aktiengesellschaft (AG), Czech a.s. and the Mexican, French, Polish and Romanian S.A.), and the "private" types of company (such as the German GmbH, Polish Sp. z o.o., the Czech s.r.o. and Slovak s.r.o.).
Other articles related to "limited company, company, limited":
... BDP ceased to be a partnership in 1997 and is now a limited company. ...
... Since reopening in 1981, the cinema has been managed by a Limited Company which is a subsidiary of the Harwich Electric Palace Trust that owns the building ... Almost all the staff of the Limited Company work as volunteers, this includes the directors, projectionists, managers and sales people ... The Limited Company usually makes a small profit which is then paid over to the charitable Trust and thereby used for the maintenance and upgrading of the ...
... And as of 31 March 2009, the company has the following subsidiaries / joint venture UTV Motion Pictures (UMP) PLC The Company was incorporated on March 27, 2007 ... controlling stake in UTV Motion Pictures (Mauritius) Limited and balance 0.25% is held directly by UTV Software Communications Ltd ... IG Interactive Entertainment Limited (IG) UTV TV Content Limited (UTV TV) UTV TV a 100% subsidiary of UTV Software Communications Ltd ...
... earned from one's limited company ... In the case of salary and benefits from your limited company, the source is German since the duties of the employment are being performed in Germany ... However, dividends from your limited company (assuming this is not deemed to have a permanent establishment in Germany see below) would be from a non-German source ...
... The House of Lords stated that as a company is a separate legal person, the court would not normally entertain such an application ... However, they believed that as the company was so similar in its operation as it was when it was a partnership, they created what is now known as a quasi-partnership ... his son to use their rights against Mr Ebrahimi so as to force him out of the company and so it was just and equitable to wind it up ...
Famous quotes containing the words company and/or limited:
“Life is very narrow. Bring any club or company of intelligent men together again after ten years, and if the presence of some penetrating and calming genius could dispose them to frankness, what a confession of insanities would come up!”
—Ralph Waldo Emerson (1803–1882)
“Moreover, the universe as a whole is infinite, for whatever is limited has an outermost edge to limit it, and such an edge is defined by something beyond. Since the universe has no edge, it has no limit; and since it lacks a limit, it is infinite and unbounded. Moreover, the universe is infinite both in the number of its atoms and in the extent of its void.”
—Epicurus (c. 341–271 B.C.)