Private limited company the German equivalent. On one hand it is possible to consider it as a kind of "Gesellschaft mit beschränkter Haftung" (GmbH) because it has aspects of a corporation; on the other hand it could be considered to be a kind of "Kommanditgesellschaft" (KG), which is the German equivalent of a limited partnership. Based on the literal translation of the word "company", an LLC should be considered to be a kind of KG without any liable partner. The German equivalent that comes closest to LLC, is GmbH & Co KG, a nested Kommanditgesellschaft (KG) where a Gesellschaft mit beschränkter Haftung (GmbH)
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