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 obligations within the limit of their contribution to social capital. The minimum start capital is 200 RON which currently amounts to less than €50. In Russia and certain other former Soviet countries, an entity with a somewhat similar structure is known as (Obshchestvo s ogranichennoy otvetstvennost'yu) (lit., "company with limited liability"), usually abbreviated OOO, or in some CIS countries as OcOO. Although a Russian limited liability company shares the same name with an American LLC, it is different in many ways. Most importantly, a Russian LLC is not tax transparent: the company is taxed at the corporate level, and then,