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What are the characteristics of a limited liability company?

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تم إضافة السؤال من قبل Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
تاريخ النشر: 2016/04/08
Tamer Elbeshbishy
من قبل Tamer Elbeshbishy , Financial and Administration Manager , Muscat Towers Holding Group

The limited liability company, most of the cases is Sole proprietorship OR some type of partnership that has an agreement that state clearly  the limited liability of the company. Liability of the company is up to the the assets of the company, not to the extend of the personal ownership of the owners.

Shazia Anees
من قبل Shazia Anees , Assistant Manager Finance , Arham Trading Company

Shareholders are liable up to their shareholding.

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