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
Private limited company translated as " company limited by shares"): The terms for this kind of company used in the three official languages of the Swiss Confederation are as follows: In German "Aktiengesellschaft" (abbreviation: "AG"), in French "Société Anonyme" (abbreviation: "SA") and in Italian "Società Anonima" (abbreviation: "SA"). A Swiss corporation is with respect to various matters different from an LLC (including a Swiss LLC): Most important is that a Swiss corporation may, neither by default nor by exercising any respective option provided by the Swiss law, be member-managed like an LLC, as the respective mandatory provisions of Swiss law provide that the