limited company

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Limited company

A form of business commonly used in the U.K. comparable to incorporation in the U.S.

Limited Company

In the United Kingdom, a company with limited liability amongst its owners; that is, shareholders who are not liable for more than their investment in case of insolvency. In other words, an owner of a limited company would lose the value of his/her investment if the company declares bankruptcy, but would not be held liable for other outstanding debts. A limited company is the most common corporation structure in the United Kingdom and is designated by "Ltd" after its name.

There are two types of limited companies. A limited company by guarantee has no shareholders but instead contains members who contribute a small amount to cover outstanding debts following a potential liquidation. This structure is common among British charities, and is used by the Financial Services Authority. A public limited company usually (but not always) trades publicly, and shareholders are only liable for the value of their individual investments. These companies are designated by "p.l.c." See also: Limited liability company, U.S. Corporation.

limited company (Ltd.)

A firm registered in such a manner as to give its owners limited liability. Limited companies are most often associated with British registration, much as incorporated firms are primarily associated with U.S. registration.

limited company (Ltd)

see JOINT STOCK COMPANY.
References in periodicals archive ?
Since a private limited liability company is a more complex legal form than an individual enterprise, the new regulation related to private limited liability companies involves only the situation where there is only one shareholder who chooses to use all the standard provisions of the Law on Companies of the Republic of Lithuania and to form only one management body of the enterprise--the director.
and their two limited liability companies. (260) The judgment arose out
Indeed, only thirty limited liability companies were formed in the first eleven years following enactment.
Of the 103 operating nuclear power plants, 31 are owned by 11 limited liability companies. Three energy corporations--Exelon, Entergy, and the Constellation Energy Group--are the parent companies for eight of these limited liability companies.
Published by ALI-ABA, Limited Liability Companies is a 266-page hardbound with CD-ROM that sells for $127.50, and can be ordered by calling 800/CLE-NEWS or by visiting ali-aba.org/aliaba/BK22.htm.
Let's start by looking towards wholly-owned Limited Liability Companies (LLC's) and S Corps (QSSS).
10 Lawrence, ST and DG Norton, "Limited Liability Companies: The New Entity of Choice." Real Estate Accounting & Taxation 7 (Winter 1993): 5-12.
In Abu Dhabi, a total of 77,406 licenses have been issued, including 25,460 for limited liability companies,17,942 for company branches and the rest for single-member limited liability companies as well as stock and private and other types of firms.
Muscat, May 28 (ONA) Statistics published by the Ministry of Commerce and Industry have shown that the number of e-application for registration with the Ministry stood at 13.640 including 1072 for partnership andjoint stock companies, 629 for the domestic trade businesses, 2197 for limited liability companies, 24 for Omani closed joint stock companies, 229 for limited liability company governed by the foreign investment law, 8145 for sole propertier, 5 for Omani closed joint stock companies governed by the foreign investment law, 1325 for partnership companies, 11 for international companies, 1 for a commercial representation office and 1 for a partnership company governed by the foreign investment law.
Contract notice: Procurement of audit services for malmE[micro]~s wholly-owned limited liability companies and for sydvatten company limited and its subsidiaries.
The effect of the provisions of the UAE Commercial Companies Law in relation to limited liability companies provides:
This edition integrates developments in the law of agency and unincorporated business entities since 2007, particularly revised general and limited partnership acts, limited liability company acts, and cases related to limited liability companies.

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