Private limited company business. AOL was set up as an LLC during its ownership by Time Warner from 2001 to 2008. There is a similar setup for BMW's American subsidiary, BMW of North America, LLC. Chrysler has been an LLC since restructuring during the auto industry bailout of 2009, owned by Fiat Chrysler Automobiles N.V.. Private limited company A private limited company is a type of business entity in "private" ownership used in many jurisdictions in contrast to "public" ownership, with some differences from country to country. Examples include "LLC" in the US, "private company limited by shares" in the UK, "GmbH" in
Private limited company direct equivalent of an LLC in Peru, but some similar corporate forms include: The capital for any of the above entities is freely determined by its statutes. There is no minimum requirement except for entities with certain types of activities, mainly in the financial markets, and then irrespective of their type. In Poland, a limited liability company is referred to literally as “company with limited liability” ("spółka z ograniczoną odpowiedzialnością", legally abbreviated as "sp. z o.o." (or sometimes "Sp. z o.o." in particular names). Informally, in the Polish speaking slang, it is abbreviated as "spółka zoo" (pronounced with a long