Private limited company accounting methods and taxes, is thorough and detailed. The Swiss Code of Obligations provides for different kinds of companies with limited liability, the two most commonly used are: Swiss Limited Liability Company: The terms for this kind of company used in the three official languages of the Swiss Confederation are as follows: In German "Gesellschaft mit beschränkter Haftung" (abbreviation: "GmbH"), in French "Société à responsabilité limitée" (abbreviation: "S.à r.l." or "SARL") and in Italian "Società a Garanzia Limitata" (abbreviation: "SaGL"). A Swiss LLC is similar to an LLC with respect to various matters, including the following: Members may also be
Private limited company major properties have to be sold. Nonetheless, the responsibility of the partners is limited to the capital share they hold, and the minimum capital required by law for a "S.L." is at least €3,000. Sweden has no equivalent of an LLC. The closest company form is the "handelsbolag" (lit.: "trade company"). The Swedish AB ("aktiebolag"; lit.: "share company"), like the "handelsbolag", is a tax subject and is more similar to a US C Corporation than an LLC. The minimum capital required by law in a private company, "privat aktiebolag", is SEK 50,000, although this may be in the form of