Private limited company times the current minimum wage, R$ 78.800,00 (US$26.267.00) as of 2015. Bulgarian legislation corresponds LLCs (Ltd, GmbH, SARL, etc.) as "Дружество с ограничена отговорност" ("Druzhestvo s ogranichena otgovornost"; company with limited liability). Companies incorporated under this structure append the cyrillic abbreviation "ООД" (Latin script: OOD) to their name. In the case of an LLC incorporated with a sole-shareholder/member (sole-ownership), this is designated and known as "Еднолично дружество с ограничена отговорност" ("Ednolichno druzhestvo s ogranichena otgovornost"; sole-ownership company with limited liability) and abbreviated as "ЕООД" (EOOD). The EOOD specifically, is exempted from annual, general or extraordinary meetings for making decisions and
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