BR_2054 (CDQ)

Property	Value
A technical identifier, unique in a certain context. Technical key	BR_2054
The country a linked concept is active or generally relevant for. Country scope	BR (Brazil)
Language-specific name. Monolingual name	Sociedade Anônima Fechada (pt), Closely-Held Corporation (en)
Language-specific main abbreviation. Monolingual main abbreviation	S.A. (pt)
Informal and comprehensive human-readable definition of a concept. Description	A Sociedade Anonima Fechada is a Brazilian closely held corporation whose shares are not admitted to public trading and are held by a restricted circle of shareholders. It offers the governance structure and share based flexibility of a corporation without the disclosure obligations of a listed company. Family groups, joint ventures and holding structures often prefer it to a limited liability company. Shareholder liability is limited to the issue price of the shares.