Private limited company accounting methods and taxes, is thorough and detailed. The Swiss Code of Obligations provides for different kinds of companies with limited liability, the two most commonly used are: Swiss Limited Liability Company: The terms for this kind of company used in the three official languages of the Swiss Confederation are as follows: In German "Gesellschaft mit beschränkter Haftung" (abbreviation: "GmbH"), in French "Société à responsabilité limitée" (abbreviation: "S.à r.l." or "SARL") and in Italian "Società a Garanzia Limitata" (abbreviation: "SaGL"). A Swiss LLC is similar to an LLC with respect to various matters, including the following: Members may also be
Private limited company that extends to all of his/her property, including private one. The Danish form of the LLC is the "kommanditselskab" (K/S). There is no minimum capital requirements. In a K/S there are two types of shareholders, the "komplementar" which is fully liable, and the "kommanditist" which liability is limited. The K/S is a tax-transparent company, which means the income "passes through" the company directly to the shareholders. Dominican Republic legislation contemplates LLCs as "Sociedad de Responsabilidad Limitada", also known by their abbreviation "S.R.L.;; S.R.L.s award limited liability to their members up to their contribution in the company (i.e., contribution of capital).