Proprietary Company Unlimited by Shares
DataModel:CDQ/Business Partner/Legal Form/Legal Form Category/LF152
| Property | Value |
|---|---|
| A technical identifier, unique in a certain context. Technical key | LF152
|
| Language-specific name. Monolingual name | Proprietary Company Unlimited by Shares (en) |
| Language-specific short name. Monolingual short name | Pty.Co.nLtd.b/S (en) |
| Informal and comprehensive human-readable definition of a concept. Description | A company structure where the liability of its members or shareholders is limited to the extent of their shareholding. Proprietary companies unlimited by shares issue shares to the members and offer limited liability protection. The shareholders' personal assets are shielded from the company's debts and obligations beyond the amount of their investment in the form of shares. |