title_atlas__doing-business__2-entreprise_forme.html

Legal Forms of Companies

Limited liability company or LLC

Number of partners: Minimum 2 partners.
Capital (max/min): No minimum required.
Shareholders and liability: For limited liability companies, the liability of shareholders is limited to the amount of capital subscribed by them or held on their behalf. For unlimited companies, shareholder liability is not limited.

Public limited company or PLC

Number of partners: Minimum 7 partners (with 3 directors).
Capital (max/min): No minimum required.
Shareholders and liability: For limited liability companies, the liability of shareholders is limited to the amount of capital subscribed by them or held on their behalf. For unlimited companies, shareholder liability is not limited.

Business establishment (a branch or subsidiary of a foreign company)

Number of partners: 1 person.
Capital (max/min): No minimum required.
Shareholders and liability: An establishment is not a legal entity separate from the parent company abroad and therefore has no limited liability of its own.

Business Setup Procedures

Source: Doing Business - Latest available data.