Limited company a distinction to be made between the publicly tradable companies of the "plc" type (for example, the German Aktiengesellschaft (AG), British PLC, Czech a.s., Italian S.p.A., Hungarian Zrt. and the Spanish, French, Polish, Greek and Romanian S.A.), and the "private" types of company (such as the German GmbH, Portuguese Ltda., British Ltd., Polish sp. z o.o., the Czech s.r.o., the French s.a.r.l., the Italian and Romanian s.r.l., Hungarian kft. and Slovak s.r.o.) This is a company that does not have share capital, but is guaranteed by its "members", who agree to pay a fixed amount in the event of the
Private limited company that extends to all of his/her property, including private one. The Danish form of the LLC is the "kommanditselskab" (K/S). There is no minimum capital requirements. In a K/S there are two types of shareholders, the "komplementar" which is fully liable, and the "kommanditist" which liability is limited. The K/S is a tax-transparent company, which means the income "passes through" the company directly to the shareholders. Dominican Republic legislation contemplates LLCs as "Sociedad de Responsabilidad Limitada", also known by their abbreviation "S.R.L.;; S.R.L.s award limited liability to their members up to their contribution in the company (i.e., contribution of capital).