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 major properties have to be sold. Nonetheless, the responsibility of the partners is limited to the capital share they hold, and the minimum capital required by law for a "S.L." is at least €3,000. Sweden has no equivalent of an LLC. The closest company form is the "handelsbolag" (lit.: "trade company"). The Swedish AB ("aktiebolag"; lit.: "share company"), like the "handelsbolag", is a tax subject and is more similar to a US C Corporation than an LLC. The minimum capital required by law in a private company, "privat aktiebolag", is SEK 50,000, although this may be in the form of