limited company


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Related to limited company: Public limited company, Private limited company, Unlimited company

limited company

a company in which the liability of each shareholder is limited to the amount of the capital agreed to be invested by him in it; liability does not extend to the member's other assets.
References in periodicals archive ?
The structure of a limited company allows you to pay yourself a yearly wage - around PS7,500, which means that you are credited with NI contributions - and then pay yourself the profits as a dividend, avoiding NI.
Barrister Richard Bloomfield, who acts on behalf of the club, said the limited company will now be wound up on Monday.
The committee last week sacked Ian Kendrick, chairman of the limited company called Wirral Egg Run, after passing a vote of no confidence in him.
On October 1, 1997, Northern Rock converted from a building society to a public limited company, listed on the London Stock Exchange and authorised under the Banking Act 1987.
A: The limited company has been enjoying many tax advantages; the small rate of Corporation Tax is only 19 per cent and it has been possible to take dividends out of the company without any National Insurance.
Arbroath's debt is reported to stand at around pounds 130,000 following essential work at Gayfield but chairman John Christison is hoping to attract major investment by re-registering the part-timers as a limited company.
Securing the company's independence is the most important goal which the owners and the board of directors wish to achieve with the conversion to a public limited company.
Some foreign entities, such as a British public limited company, are per se corporations under the rules, and alternative treatment cannot be elected.
Under Indian law, a private limited company in some circumstances can be deemed to be a public company.
There are two types of corporations in Hungary: the public limited company ("Reszvenytarsasag" Rt.
com/research/bb63ce/united_breweries_l) has announced the addition of Canadean Ltd's new company profile "United Breweries Limited Company Watch 2010" to their offering.
Contract notice: Advertising and media services ordered the palace of arts in cultural services for the public limited company.
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