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Limited Company
What is a limited company?
A limited company is a type of commercial company with its own legal personality, that is, it has the capacity to act independently of its partners, and its share capital is divided into stakes.
The partners are not personally liable for the debts of the company beyond the limit of the contributed capital.
Related concepts
- Partner
- Social capital
- Businessperson
- Stakes
- What is the difference between a Public Limited Company and a Limited Liability Company?
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