meaning of Ltd Company l
Автор: Unacademic Classes
Загружено: 2023-01-26
Просмотров: 20
Описание:
limited company (LC) is a general form of incorporation that limits the amount of liability undertaken by the company's shareholders. It refers to a legal structure that ensures that the liability of company members or subscribers is limited to their stake in the company by way of investments or commitments. In a legal sense, a limited company is a person.
The naming convention for this type of corporate structure is commonly used in the United Kingdom, where a firm's name is followed by the abbreviated "Ltd." In the United States, limited companies come in several forms, including the limited liability corporation (LLC).
#generaknowledeg #company #ltd
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