Company types in Hamptonshire
From NSwiki, the NationStates encyclopedia.
By type
Corporations
Abbreviation | Full term | Notes |
---|---|---|
A/S | Aktieselskab (English: Stock Corporation) | Normal stock corporation |
Co. | Company | A stock corporation |
Corp. | Corporation | A stock corporation |
Inc. | Incorporated | A stock corporation |
Ltd. | Limited | A corporation. In some provinces, it is permissible to use Ltd. instead of Inc., Co., or Corp. for a corporation. This is not to be confused with a Limited Liability Company, which is a different type of legal entity. |
Limited Liability Companies and Partnerships
Abbreviation | Full term | Notes |
---|---|---|
ApS | Anpartsselskab | Similar to Limited Liability Company. Taxwise, it is a separate entity. The company capital must be at least HKK 250,000 |
LLC | Limited Liability Company | Similar to a corporation and a limited liability partnership. |
LLP | Limited Liability Partnership | Each partner is fully liable for the debts of the partnership, not including acts of professional negligence or malpractice. |
C.V | Commanditaire Vennootschap | A partnership with one or more silent partners. |
LLLP | Limited Liability Limited Partnership | One or more general partners and one or more limited partners. The general partners get to manage the LLLP, while typically the limited partners only have a financial interest. The difference between an LLLP and an LLP is that the LLLP's general partners file with the provincial government to receive limited liability |