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 may just issue written resolutions. Chilean law contemplates a certain form of LLC known as "Sociedad de Responsabilidad Limitada" (Limited Liability Association). Also (LLC) These companies are regulated by law N° 3.918. Among their most important characteristics we can say that: Chilean law also contemplates a very special kind of individual owner LLC called "Empresa Individual de Responsabilidad Limitada" (Limited Liability Individual Company), which uses the E.I.R.L. abbreviation. Colombian legislation contemplates a very similar structure as mentioned above in the Chilean case. The "Ltda." abbreviation is also used in Colombia. In Croatia, a private limited liability company is termed "društvo