Limited company a distinction to be made between the publicly tradable companies of the "plc" type (for example, the German Aktiengesellschaft (AG), British PLC, Czech a.s., Italian S.p.A., Hungarian Zrt. and the Spanish, French, Polish, Greek and Romanian S.A.), and the "private" types of company (such as the German GmbH, Portuguese Ltda., British Ltd., Polish sp. z o.o., the Czech s.r.o., the French s.a.r.l., the Italian and Romanian s.r.l., Hungarian kft. and Slovak s.r.o.) This is a company that does not have share capital, but is guaranteed by its "members", who agree to pay a fixed amount in the event of the
Public limited company the suffix "Limited" ("Ltd."), which is still used by private limited companies. When a new company incorporates in England and Wales or in Scotland, it must register with Companies House, an executive agency of the Department for Business, Innovation and Skills. Prior to October 2009 companies in Northern Ireland were registered with the Northern Ireland Executive's Department of Enterprise, Trade and Investment, but since then Northern Ireland company registrations are handled by Companies House along with the rest of the United Kingdom. Formation of a public limited company requires a minimum of two directors and one secretary (differing from country