Private limited company times the current minimum wage, R$ 78.800,00 (US$26.267.00) as of 2015. Bulgarian legislation corresponds LLCs (Ltd, GmbH, SARL, etc.) as "Дружество с ограничена отговорност" ("Druzhestvo s ogranichena otgovornost"; company with limited liability). Companies incorporated under this structure append the cyrillic abbreviation "ООД" (Latin script: OOD) to their name. In the case of an LLC incorporated with a sole-shareholder/member (sole-ownership), this is designated and known as "Еднолично дружество с ограничена отговорност" ("Ednolichno druzhestvo s ogranichena otgovornost"; sole-ownership company with limited liability) and abbreviated as "ЕООД" (EOOD). The EOOD specifically, is exempted from annual, general or extraordinary meetings for making decisions and
Limited company company's liquidation. Charitable organisations are often incorporated using this form of limited liability. Another example is the Financial Conduct Authority. In Australia, only an unlisted public company can be limited by guarantee. Has shareholders with limited liability and its shares may not be offered to the general public. Shareholders of private companies limited by shares are often bound to offer the shares to their fellow shareholders prior to selling them to a third party. A public limited company can be publicly traded on a stock exchange; this is similar to the U.S. Corporation (Corp.) and the German Aktiengesellschaft (AG). The