Private limited company including limited companies and US LLCs, are treated as bodies corporate subject to United Kingdom corporation tax if the profits of the entity belong to the entity and not to its members. A limited liability company (LLC) is a relatively new business structure authorized by state statutes. The LLC is chiefly inspired by the GmbH ("Company with limited liability"), a type of business organization in Germany, and by the , a type of business organization available in many Latin American countries. In the United States, the first limited liability company act appeared in Wyoming in 1977 as special interest legislation
Fullerton India Credit Company Limited Fullerton India Credit Company Limited Fullerton India Credit Company Limited (FICCL) is a non-banking financial company (NBFC) headquartered in Mumbai which offers various retail finance products for rural households, and small and medium enterprises in India. The company is a wholly owned subsidiary of Fullerton Financial Holdings Pte. Ltd., which is in turn a wholly owned subsidiary of the Singaporean sovereign wealth fund ‘Temasek Holdings Private Limited’. Fullerton India Credit Company Limited was established in the year 2007 and is now headed by Mr. Gan Chee Yen as Chairman and Ms. Rajashree Nambiar as the CEO and Managing Director. .