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
Limited company private company equivalent in Australia is the Proprietary Limited company (Pty Ltd). An Australian company with only "Limited" or "Ltd" after its name is a public company, such as a company listed on the ASX. Australia does not have a direct equivalent to the plc. A shareholder in a limited company, in the event of its becoming insolvent (equivalent to insolvency in the United Kingdom) would be liable to contribute the amount remaining unpaid on the shares (usually zero, as most shares are issued fully paid). "Paid" here relates to the amount paid to the company for the shares on