Private limited company including limited companies and US LLCs, are treated as bodies corporate subject to United Kingdom corporation tax if the profits of the entity belong to the entity and not to its members. A limited liability company (LLC) is a relatively new business structure authorized by state statutes. The LLC is chiefly inspired by the GmbH ("Company with limited liability"), a type of business organization in Germany, and by the , a type of business organization available in many Latin American countries. In the United States, the first limited liability company act appeared in Wyoming in 1977 as special interest legislation
RS Public Company Limited We Like". In May 2003, the company was listed on the Stock Exchange of Thailand as R.S. Promotion Public Company Limited. In 2006, the company changed its name from "R.S. Promotion Public Company Limited" to "RS Public Company Limited" and changed its corporate identity to be consistent with the overall image of the organization. The celebration campaign was designed under the main theme of "a journey of happiness". The company invested 50% in RS International Broadcasting and Sport Management Co., Ltd to expand into the sport business. The company was granted the media rights to the World Cup tournament in