It has been suggested that this article or section be merged into Limited liability company. (Discuss)

Business law
Business organizations
Basic forms:
Sole proprietorship
Corporation
Partnership (General · Limited · LLP)
USA:
Business trust · LLC · LLLP Delaware corporation Nevada corporation
UK/Commonwealth:
Limited company (By shares · By guarantee) (Public · Proprietary)
Civil law countries:
AB · AG · ANS · A/S · GmbH
K.K. · N.V. · OY · S.A.
European Company Statute
Doctrines
Corporate governance
Limited liability · Ultra vires
Business judgment rule
De facto corporation and corporation by estoppel
Piercing the corporate veil
Related areas of law
Contract · Civil procedure

A limited company in the United Kingdom is a company whose liability is limited by English law or Scots law. There are three main types of limited companies which are set up by the Memorandum of Association & Articles of Association: Wikipedia does not have an article with this exact name. ... A limited liability company (denoted by L.L.C. or LLC in the US) is a legal form of business company in the United States offering limited liability to its owners. ... Image File history File links Scale_of_justice. ... Commercial law or business law is the body of law which governs business and commerce and is often considered to be a branch of civil law and deals both with issues of private law and public law. ... Business organizations or Business Associations is an area of law that covers the broad array of rules governing the formation and operation of different kinds of entities by which individuals can organize to do business. ... A sole proprietorship is a business which legally has no separate existence from its owner. ... A corporation is a legal person which, while being composed of natural persons, exists completely separately from them. ... In the common law, a partnership is a type of business entity in which partners share with each other the profits or losses of the business undertaking in which they have all invested. ... This article needs to be wikified. ... A limited partnership is a form of partnership similar to a general partnership, except that in addition to one or more general partners (GPs), there are one or more limited partners (LPs). ... A limited liability partnership (LLP) is a form of business organization combining elements of partnerships and corporations. ... A Massachusetts business trust or MBT is a legal trust set up for the purposes of business in the state of Massachusetts. ... A limited liability company (denoted by L.L.C. or LLC in the US) is a legal form of business company in the United States offering limited liability to its owners. ... This article or section does not cite its references or sources. ... A Delaware corporation is a corporation chartered in the state of Delaware in the United States. ... It has been suggested that this article or section be merged into Nevada. ... In English Law and in many Commonwealth countries, a limited company by shares (limited or Ltd. ... A Company Limited by Guarantee (CLG) is a private company that does not have shareholders or share capital. ... The initials plc after a UK or Irish company name indicate that it is a public limited company, a type of limited company whose shares may be offered for sale to the pubic. ... A Proprietary limited company or abbreviated as under Australian law is a business structure that has at least one shareholder with a limited number of shares. ... Civil law is the predominant system of law in the world, with its origins in Roman law, and sets out a comprehensive system of rules, usually codified, that are applied and interpreted by judges. ... Aktiebolag is the Swedish term for a corporation, i. ... The German term Aktiengesellschaft (IPA /aktsiəngəzεlʃaft/) (abbreviated AG) means a corporation which is limited by shares, , owned by shareholders. ... An ansvarlig selskap is a Norwegian personal responsibility company model, mainly used in small-to-medium businesses, which translates directly into Responsible Company. This reflects that the participants - or owners - are personally responsible for any outstanding debts the company would aquire. ... An aksjeselskap is the Norwegian term for a stock-based corporation. ... Gesellschaft mit beschränkter Haftung (GmbH or GesmbH) is a type of legal entity created in Germany in 1892. ... Business corporation ) is a type of corporation ) defined under Japanese law. ... The term Naamloze Vennootschap (usually abbreviated NV) is the Dutch terminology for a public limited liability company. ... Osakeyhtiö, directly translated as share corporation, is the Finnish equivalent of Limited company (Ltd or LLC) or Gesellschaft mit beschränkter Haftung (GmbH). ... S.A. is the abbreviation of Société Anonyme in French, Spółka Akcyjna in Polish, Sociedad Anónima in Spanish, Sociedade Anónima in Portuguese, or Naamloze Venootschap (N.V.) in Dutch, generally designating corporations in various countries. ... The Council Regulation on the Statute for a European Company of the European Union (adopted October 8, 2001; OJ L 294, 10 November 2001, pp. ... Corporate governance is the set of processes, customs, policies, laws and institutions affecting the way a corporation is directed, administered or controlled. ... Limited liability (LL) is liability that is limited to a partner or investors investment. ... Ultra vires is a Latin phrase that literally means beyond the power. ... The business judgment rule is a case law-derived concept in Corporations law whereby a court will refuse to review the actions of a corporations board of directors in managing the corporation unless there is some allegation of conduct that (1) violates (a) the directors duty of care, (b... De facto corporation and corporation by estoppel are both terms that are used by courts to describe circumstances in which is a business organization that has failed to become a de jure corporation (a corporation by law) will nonetheless be treated as a corporation, thereby shielding shareholders from liability. ... The corporate law concept piercing (Lifting) the corporate veil describes a legal decision where an officer, director, or shareholder of a corporation is held liable for the debts of the corporation despite the general principle that those persons are immune from suits in contract or tort that otherwise would only... A contract is a promise or an agreement made of a set of promises. ... Civil procedure is the body of law that sets out the process that courts will follow when hearing cases of a civil nature (a civil action). These rules govern how a lawsuit or case may be commenced, what kind of service of process is required, the types of pleadings or... A corporation is a legal person which, while being composed of natural persons, exists completely separately from them. ... Limited liability (LL) is liability that is limited to a partner or investors investment. ... English law is a formal term of art that describes the law for the time being in force in England and Wales. ... Scots law (or Scottish law) is the law of Scotland. ... A Memorandum of Association is one of the documents required in the United Kingdom to incorporate a company, also seen in many jurisdictions of the British Commonwealth. ... Articles of Association are a requirement for the establishment of a company under United Kingdom and in most other countries company law. ...

• private limited company by shares (Ltd.)

  Similar to Pty. Ltd.

• private limited company by guarantee

  These companies do not have share capital but are guaranteed by its "members", who agree to pay a fixed amount in the event of the company's liquidation. Frequently charities incorporate using this form of limited liability. Another interesting example is the Financial Services Authority.

• public limited company (PLC).

  Public limited companies by shares (plc) (similar to the U.S. Corporation and the German AG) offer several advantages over trading as sole trader (e.g. limited liability).

As a shareholder in a limited company, if it were to go bankrupt, you would only be liable to contribute the amount remaining unpaid on the shares (usually zero, as most shares are issued fully paid). 'Paid' here relates to the amount paid to the company for the shares on first issue, and shouldn't be confused with amounts paid by one shareholder to another to transfer ownership of shares between them. Being a shareholder means you have limited liability. In English Law and in many Commonwealth countries, a limited company by shares (limited or Ltd. ... A Proprietary limited company or abbreviated as under Australian law is a business structure that has at least one shareholder with a limited number of shares. ... A Company Limited by Guarantee (CLG) is a private company that does not have shareholders or share capital. ... // Legal definitions A charity is a trust, company or unincorporated association established for charitable purposes only. ... The initials plc after a UK or Irish company name indicate that it is a public limited company, a type of limited company whose shares may be offered for sale to the pubic. ... United States is the current Good Article Collaboration of the week! Please help to improve this article to the highest of standards. ... A corporation is a legal person which, while being composed of natural persons, exists completely separately from them. ... The German term Aktiengesellschaft (IPA /aktsiəngəzεlʃaft/) (abbreviated AG) means a corporation which is limited by shares, , owned by shareholders. ... The examples and perspective in this article or section may not represent a worldwide view. ...

A limited company can be registered in London, England, England and Wales, Northern Ireland, Scotland or Wales. The registration is done through Companies House. London (pronounced ) is the capital city of England and the United Kingdom. ... Motto: (French for God and my right) Anthem: Multiple unofficial anthems Capital London Largest city London Official language(s) English (de facto) Government Constitutional monarchy  - Queen Queen Elizabeth II  - Prime Minister Tony Blair MP Unification    - by Athelstan AD 927  Area    - Total 130,395 km² (1st in UK)   50,346 sq... Motto: (French for God and my right)2 Anthem: UK: God Save the Queen Regional: (De facto) Londonderry Air Capital Belfast Largest city Belfast Official language(s) English (De facto), Irish, Ulster Scots 3, NI Sign Language Government Constitutional monarchy  - Queen Queen Elizabeth II  - Prime Minister Tony Blair MP  - First... Motto: (Latin for No one provokes me with impunity)1. ... Motto: (Welsh for Wales forever) Anthem: Hen Wlad Fy Nhadau Capital Cardiff Largest city Cardiff Official language(s) English, Welsh Government Constitutional monarchy  - Queen Queen Elizabeth II  - Prime Minister Tony Blair MP  - First Minister Rhodri Morgan AM Unification    - by Gruffudd ap Llywelyn 1056  Area    - Total 20,779 km² (3rd in... Companies House is an Executive Agency of the United Kingdom Government Department of Trade and Industry (DTI). ...

See also

• Private unlimited company
• Limited liability company (LLC)
• Limited liability partnership (LLP)

A limited liability company (denoted by L.L.C. or LLC in the US) is a legal form of business company in the United States offering limited liability to its owners. ... A limited liability partnership (LLP) is a form of business organization combining elements of partnerships and corporations. ...

External links

• Company Formation Glossary -- Company Formation Glossary
• Limited liability company
• MySME - A resource for companies setting up in Germany(English)
• Managed Limited Company Services in the UK
• Information regarding legal requirements and supplies of statutory books, company seals, registered office services and company secretary services.