It is the companies act 2008 wich replaced the old companies act 1973
Limited liability insurance can be purchased from many insurance companies. An explanation of limited liability insurance can be explained by a qualified insurance agent.
Susan Kalinka has written: 'Tax aspects of limited liability companies' -- subject(s): Taxation, Private companies 'Limited liability companies and partnerships' -- subject(s): Taxation, Limited partnership, Private companies
Limited liability companies are regulated by state statute. So you will need to check with your specific state to see what companies have access to them.
Information about Limited Liability Companies can be found on sites like Nolo. Government websites also have information about these companies and the laws that are involved in setting up and running a Limited Liability Company since the laws vary from place to place.
Public Limited Comapnies have widely held ownership ( Shares) They have unlimited liability and PVT LTD companies have limited no of People who have the shares of the company (1 - 24 persons), the ownership of the company is limited and hence the liability is also limited.
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The word "ltd" stands for limited. The term "limited" is used in the context of corporate structure. Specifically, companies may incorporate themselves as limited liability companies, which means that the liability of the officers and directors of the company is strictly limited by law.
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There are many companies which happen to be LLCs, or limited liability companies. To know for sure if the company in question is an LLC, a person would have to know what type of business the name Kellogg refers to.
A registered LLC means "Limited Liability Company." Companies will always have this behind their name even if its a dba name. This means that they have limited liability and someone co-shares the full liability.
Most limited companies require registration with a central authority as the initial step to their establishment. For example, in the UK, people must register their company with Companies House. The following steps may vary after this though, most likely dependent upon state or national laws.
limited partnership