Limited Company
DataModel:CDQ/Business Partner/Legal Form/Legal Form Category/LF008
| Property | Value |
|---|---|
| A technical identifier, unique in a certain context. Technical key | LF008
|
| Language-specific name. Monolingual name | Limited Company (en) |
| Language-specific short name. Monolingual short name | Ltd.Co. (en) |
| Informal and comprehensive human-readable definition of a concept. Description | Company limited denotes a privately-held business entity. Its shareholders are liable for the company's debts only up to the extent of their investment. Shares are not available for purchase by the general public, maintaining control within a specified group of shareholders. This structure protects personal assets against business risks and liabilities. |