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
Limited company of private companies by way of Section 2(71) and 2(68) respectively. However, after in the recent Companies Amendment Act 2015, this requirement is scrapped, and a company can go ahead with its incorporation without fulfilling this criterion. In Nigeria, there are two types of limited companies namely: a company limited by guarantee and a company limited by shares. The company limited by shares is further divided into two namely a Private limited company (Ltd.) and a Public limited company (Plc.) In Nigeria shareholders of limited companies are only liable for the amount of money they contributed to the company, All