Types of Business Entity
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A business entity is an entity that is formed and administered as per corporate law[Note 1] in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service.[] There are many types of business entities defined in the legal systems of various countries. These include corporations, cooperatives, partnerships, sole traders, limited liability companies and other specifically permitted and labelled types of entities. The specific rules vary by country and by state or province. Some of these types are listed below, by country.

For guidance, approximate equivalents in the company law of English-speaking countries are given in most cases, for example:

However, the regulations governing particular types of entities, even those described as roughly equivalent, differ from jurisdiction to jurisdiction. When creating or restructuring a business, the legal responsibilities will depend on the type of business entity chosen.[1]


Foreign and domestic investors have a range of opportunities to organize their business in Albania. They can either establish and register a business organization or establish and register a branch or representative office.[2] The registration of foreign entities, since 1 September 2007, had been carried out at the National Registration Center, which aimed to implement the "one stop shop" system. Law No. 131/2015 dated 26 November 2015[3] made possible the creation of the National Business Center (QKB), whose purpose was to simplify the procedures of doing business in the country by enabling registration and licensing procedures in a single institution. As a result, the National Registration Center and the National Licensing Center were abolished.[4]

  • Sh.p.k. (Shoqëri me përgjegjësi të kufizuar) Ltd. (UK); a business entity established by one or several natural or legal persons;
  • Sh.A. (Shoqëri Aksionere) PLC (UK); a company whose capital is divided into shares signed by its founders;
  • Shoqëri komandite limited partnership; the liability of at least one partner is limited to the value of their contribution;
  • Shoqëri kolektive general partnership; the liability of the company's partners before its creditors is unlimited;
  • Degë subsidiary; entities created by a parent company that carry the same legal presence as the company;
  • Zyrë e përfaqësimit representative office; business offices where a company's activities can operate from that are not intended to generate revenue.



  • LLP (Limited liability partnership): partnerships are governed on a state-by-state basis in Australia. In Queensland, a limited liability partnership is composed of at least one general partner and one limited partner. It is thus similar to what is called a limited partnership in many countries.
  • ILP (Incorporated limited partnership): used for venture capital investments comes in four types: Venture Capital Limited Partnership (VCLP), Early-stage Venture Capital Limited Partnership (ESCVLP), Australian Venture Capital Fund of Funds (AFOF), Venture Capital Management Partnership (VCMP).[8]
  • Inc. (Incorporated): restricted to non-profit associations
  • Ltd. (Limited) plc (UK). The suffix Ltd. may also be used by a private company limited by guarantee, such as a charity or university (these may obtain dispensation from the Registrar of Companies to operate without the suffix).
  • NL (No liability): A type of mining, speculative, or research company with no right to call up the unpaid issue price of shares.
  • Pty. Ltd. (Proprietary Limited Company) Ltd. (UK) ATF Trust. In Australia companies can act as a trustee for a trust.
  • Pty. (Unlimited Proprietary) company with a share capital: A company, similar to its limited company (Ltd., or Pty. Ltd.) counterpart, but where the liability of the members or shareholders is not limited.
  • Trust[9]
  • Indigenous Corporation under the Corporations (Aboriginal and Torres Strait Islander) Act 2006 ("CATSI Act"),[10] administrated by the Office of the Registrar of Indigenous Corporations


  • Gen (Genossenschaft; types: Erwerbs- und Wirtschaftsgenossenschaft) cooperative
  • Privatstiftung private foundation
  • Verein nonprofit association
  • European business entities
    • Europäische Gesellschaft (SE)
    • Europäische Genossenschaft (SCE)
  • e.U. (eingetragenes Einzelunternehmen) sole trader (UK), sole proprietorship (US)
  • Kapitalgesellschaften companies
  • Sparkasse ? Mutual savings bank[11]
  • Personengesellschaften partnerships
    • unincorporated (i.e. unregistered and without legal personality):
      • stG (stille Gesellschaft) partnership by estoppel (i.e., no partnership agreement)
      • GesbR (Gesellschaft des bürgerlichen Rechts) partnership by contract (i.e., formed by partnership agreement); statutes and regulations concerning Austrian companies, especially with regards to the companies register (Firmenbuch), do not apply.
    • incorporated (i.e. registered and with legal personality):
  • Obsolete:
    • Erwerbsgesellschaft: small-sized partnerships (not qualifying as OG or KG, respectively. Converted into OGs or KGs as of 1. 1. 2007)
      • OEG (Offene Erwerbsgesellschaft): small general partnership
      • KEG (Kommanditerwerbsgesellschaft): small limited partnership

See also help.gv.at (Austrian government site, in German)


Name in Belarusian Name in Russian Type Note
?, , ? plc (UK), open
?, , ? plc (UK), closed
? sole proprietorship does not possess legal personality
?, ? , private unitary enterprise
? ? ?, ? ?, ? Ltd. (UK)


Dutch, French or German names may be used.

Dutch French Approximate explanation
private stichting fondation privée Private foundation
stichting van openbaar nut fondation d'utilité publique Public foundation
economisch samenwerkingsverband (ESV) groupement d'intérêt économique (GIE) Economic interest grouping (joint venture)
stille handelsvennootschap société interne contractual joint venture (No JV company is created)
tijdelijke handelsvennootschap société momentanée equity joint venture (JV company is created)
vereniging zonder winstoogmerk (VZW) association sans but lucratif (ASBL) German: Vereinigung ohne Gewinnerzielungsabsicht (VoG)
Nonprofit association
vereniging in deelneming société en participation (SEP) Equity partnership
feitelijke vereniging société de fait De facto partnership, partnership by estoppel
eenmanszaak entreprise individuelle Sole trader (UK), sole proprietorship (US)
vennootschap onder firma (VOF) société en nom collectif (SNC) General partnership
gewone commanditaire vennootschap (Comm. V.) société en commandite simple (SCS) Limited partnership
commanditaire vennootschap op aandelen (Comm. VA) société en commandite par actions (SCA) Publicly traded partnership
besloten vennootschap met beperkte aansprakelijkheid (BVBA) société privée à responsabilité limitée (SPRL) Private limited liability company
besloten vennootschap (BV) société responsabilité limitée (SRL) Private limited company
eenpersoons besloten vennootschap met beperkte aansprakelijkheid (EBVBA) société privée à responsabilité limitée unipersonnelle (SPRLU) single member limited company
Naamloze vennootschap (NV) societé anonyme (SA) Public limited company (UK)
coöperatieve vennootschap met beperkte aansprakelijkheid (CVBA) société coopérative à responsabilité limitée (SCRL) Limited liability cooperative
coöperatieve vennootschap met onbeperkte aansprakelijkheid (CVOA) société coopérative à responsabilité illimitée (SCRI) Unlimited liability cooperative

Following changes to the Code of Companies and Associations, the term "Private limited liability company" (BVBA/SPRL) automatically became "Private limited company" (BV/SRL),[12][13] as a part of harmonising legal entity types within the European Union.

Bosnia and Herzegovina


  • Sociedade limitada (Ltda.) Ltd. (UK)
  • S.A. (Sociedade anônima) plc (UK)
  • Sociedade simples PLLC
  • Sociedade em comandita simples ordinary limited partnership
  • Sociedade em nome coletivo general partnership
  • Sociedade em conta de participação general partnership
  • Sociedade em comum general partnership
  • Cooperativa ? cooperative
  • Empresa individual (firma individual) individual proprietorship / sole proprietorship
  • Empresa Individual de Responsabilidade Limitada (EIRELI): Same as Ltd., but without partners.
  • Micro empreendedor individual individual enterprise
  • Empresa pública Government-owned corporation
  • Sociedade de economia mista Government-owned corporation
  • Associação em sentido estrito (sem finalidade lucrativa) nonprofit association
  • Organização não governamental nonprofit association
  • Organização da sociedade civil de interesse público nonprofit association
  • Organização social nonprofit association
  • Serviços sociais autônomos nonprofit association
  • Fundação privada private foundation
  • Fundação pública public foundation


There are three main types of business entity in Brunei, namely sole proprietorship, partnership and company.[14]

A private company contains the term "Sendirian Berhad" or "Sdn. Bhd." as part of its name; for a public company "Berhad" or "Bhd." is used.[15]


  • AD / (aktsionerno drujestvo / ? ): joint stock company ? plc (UK)
  • ADSITs / (aktsionerno druzhestvo sus spetsialna investitsionna tsel / ? ? ): real estate investment trust
  • EAD / (ednolichno aktsionerno druzhestvo / ? ): type plc
  • EOOD / ? (ednolichno druzhestvo s ogranichena otgovornost / ? ? ): type of OOD with a single member
  • ET / (ednolichen turgovetz / ): sole proprietorship
  • OOD / (drujestvo s ogranichena otgovornost / ? ? ) Ltd. (UK)
  • KD / (komanditno druzhestvo / ? ) limited partnership
  • KDA / (komanditno druzhestvo s aktzii / ? ? ): limited partnership with shares
  • SD / (subiratelno druzhestvo / ) general partnership, but having legal personality


  • SP (Sole Proprietorship)
  • GP (General Partnership)
  • LP (Limited Partnership)
  • SM Pte Ltd. (Single Member Private Limited Company):
  • Pte Ltd. (Private Limited Company) [private limited company (Ltd.)] (UK)
  • Plc Ltd. (Public Limited Company) plc (UK)
  • PEEC (Public Establishment with Economic characteristics)
  • State Company plc
  • State Joint Venture Company plc
  • Import Export Co., Ltd


In Canada entities can be incorporated under either federal or provincial (or territorial) law.

The word or expression "Limited", Limitée, "Incorporated", Incorporée, "Corporation" or Société par actions de régime fédéral or the corresponding abbreviation "Ltd.", Ltée, "Inc.", "Corp." or S.A.R.F. forms part of the name of every entity incorporated under the Canada Business Corporations Act (R.S., 1985, c. C-44). ? Ltd. or Plc (UK)

As an exception, entities registered prior to 1985 may continue to be designated Société commerciale canadienne or by the abbreviation S.C.C.

Under the Canada Cooperatives Act (1998, c. 1), a co-operative must have the word "cooperative", "co-operative", "coop", "co-op", coopérative, "united" or "pool", or another grammatical form of any of those words, as part of its name.

Unlike in many other Western countries, Canadian businesses generally only have one form of incorporation available. Unlimited liability corporations can be formed in Alberta "AULC", British Columbia "BCULC"[16] and Nova Scotia "NSULC". The aforementioned unlimited liability corporations are generally not used as operating business structures, but are instead used to create favorable tax positions for either Americans investing in Canada or vice versa.[17] For U.S. tax purposes the ULC is classified as a disregarded entity.

Rather, Canadian businesses are generally formed under one of the following structures:

  • SP (Sole Proprietorship): No formal business structure is established
  • GP (General Partnership): Either a formal structure with a partnership agreement, or an informal structure, in which case the Partnerships Act for the province will apply
  • LP (Limited Partnership): An investment structure, limiting both the liability and the participation of the investor. An investor who takes an active role will be deemed a general partner, and become exposed to unlimited liability.
  • Corporation
  • Joint Venture: A business activity shared by two or more business entities. The joint venture's activities must be finite in terms of either time or scope.


  • SpA (Sociedad por acciones): Disregarded entity with shares (sole shareholder)
  • SRL (Sociedad de Responsabilidad Limitdada) - LLC (Partnership) US purposes
  • EIRL (Empresa Individual de Responsabilidad Limitada): individual enterprise with limited liability
  • S.A. (Sociedad Anónima) plc (UK)
  • S.G.R. (Sociedad de Garantia Reciproca)[18]
  • LTDA. (Sociedad de responsabilidad limitada) Ltd. (UK)



  • S.A. (Sociedad Anónima) plc (UK), Corporation (US)
  • S.A.S. (Sociedades por Acciones Simplificada): Similar to the French S.A.S (societé par actions simplifiée)[19]
  • Ltda. (Sociedad de Responsabilidad Limitada) Ltd. (UK), LLC (US)
  • S.C. (Sociedad Colectiva): General partnership
  • S. en C. (Comandita Simple): Limited partnership
  • S.C.A. (Comandita por Acciones): Publicly traded partnership
  • E.U. (Empresa Unipersonal): Sole proprietorship

Costa Rica

  • S.A. (Sociedad Anónima) plc (UK), Corporation (US)
  • S.R.L. or Ltda. (Sociedad de Responsabilidad Limitada) Ltd. (UK), LLC (US) [20]


Types of legal person business entities:[21]

  • d.d. (dioni?ko dru?tvo) plc (UK) ? AG (Germany)
  • d.o.o. (dru?tvo s ograni?enom odgovornou) is company with limited liability Ltd. (UK) or LLC (US); minimum capital: HRK 20,000[22]
  • j.d.o.o. (jednostavno dru?tvo s ograni?enom odgovornou): simple Ltd.; minimum capital: HRK 10 (same liabilities as an Ltd., but has to set aside 25% of annual profit to collect enough equity capital to become a d.o.o.)[23]
  • j.t.d. (javno trgova?ko dru?tvo) general partnership
  • k.d. (komanditno dru?tvo) limited partnership
  • GIU (gospodarsko interesno udru?enje): economic interest grouping
  • zadruga: cooperative[24]

Types of natural person business entities:

  • obrt sole proprietorship; several types: slobodni obrt (free proprietorship), vezani obrt (tied proprietorship), and povla?teni obrt (privileged proprietorship) registered according to profession where tied and privileged types are reserved only for master craftsmen): pau?alni obrt (flat-rate proprietorship), obrt-dohoda? (income tax proprietorship), obrt-dobita? (profits tax proprietorship); these are registered according to the type of taxation; first two are obligated to pay income tax and the last one is obligated to pay profits tax), sezonski obrt (seasonal proprietorship) that runs for a limited number of months during a year.[25]
  • ortakluk: partnership of two or more sole proprietors
  • slobodna djelatnost: free profession; self-employment but only for certain types of professions: e.g. artists, journalists, lawyers, etc.; freelancing (similar to sole proprietors in their obligations)
  • doma?a radinost and sporedno zanimanje: home business and side profession; limited forms of self-employment aimed at registering supplementary income from, say, small repairs or hobbies with yearly income limited to 10 average gross salaries (approx. EUR 11,700 in January 2020)[26]
  • OPG (obiteljsko poljoprivredno gospodarstvo): family run agricultural business[27]


  • udruga ? voluntary association; any form of free and voluntary association of natural or legal persons to accomplish a purpose without intent to acquire profit.[28]

Czech Republic


Dominican Republic

  • C. por A. (Compañía por Acciones), also abbreviated CXA[31]
  • S.A. (Sociedad Anónima) public limited company
  • S.A.S (Sociedad Anónima Simplificada) [(Simplified public limited company)]
  • SRL. (Sociedad de Resposabilidad Limitada) Limited Liability Company
  • EIRL. (Empresa Individual de Responsabilidad Limitada) [(Sole proprietor Limited Liability Company)]
  • Sociedad En Comandita Simple.



  • SAE (Sharikat al-Mossahamah) ? plc (UK). Minimum capital EGP 250,000.
  • LLC (Limited Liability Company) ? Ltd. (UK). No Minimum capital .
  • Sharikat Tadamun ? ? general partnership
  • Sharikat Tawssiyah Bassita ? limited partnership
  • Sharikat Tawssiyah Belashom ? LLP


  • FIE (Füüsilisest isikust ettevõtja) sole trader (UK), sole proprietorship (US)
  • Partnerships:
    • UÜ (Usaldusühing) limited partnership
    • TÜ (Täisühing) general partnership
  • Companies:
    • OÜ (Osaühing) (Ltd.) private limited company (UK), (LLC) limited liability company (US)
    • AS (Aktsiaselts) (PLC) public limited company (UK), corporation (US)
  • Tulundusühistu commercial association
  • MTÜ (Mittetulundusühing) ? nonprofit organization


  • PLC (Private limited company Amharic ?)
  • SC (Share company Amharic ?)
  • CS (Cooperative societies Amharic ? )
  • PE or PC (public enterprises or public corporations Amharic or )

European Economic Area (including the European Union)

An SE or SCE may be created by registration in any of the EU/EEA member states and may relocate its registered office to any other member state with minimal formalities.


General economic entities

The abbreviations are usually in Finnish, but Swedish names may also be used either as is or in combination with Finnish, e.g. Oy Yritys Ab.

Non-profit entities
For-profit entities of public law
  • valtion liikelaitos (Swedish: statens affärsverk): commercial government agency, expected to fund themselves, but debts directly backed by state funds--distinguished from regular companies where the government owns stock. (See: List of Finnish government enterprises)
  • kunnallinen liikelaitos (Swedish: kommunal affärsverk): municipal enterprise, similar as previous but run by a municipality
  • paliskunta: a reindeer herding corporation, governed like a stock company except that the "stocks" are reindeer[35]
Economic entities for special purpose
  • asunto-osakeyhtiö (Swedish: bostadsaktiebolag), a limited liability company for the ownership, construction and maintenance of an apartment building[36]
  • julkinen keskinäinen vakuutusyhtiö, abbreviated jy (Swedish: publikt ömsesidigt försäkringsbolag),[37] public mutual insurance company
  • keskinäinen kiinteistöosakeyhtiö (Swedish: ömsesidiga fastighetsaktiebolag,[38] a limited liability company for the ownership, maintenance and construction of real property.
  • keskinäinen vakuutusyhtiö (Swedish: ömsesidigt försäkringsbolag),[37] mutual insurance company
  • laivaisännistöyhtiö (Swedish: partrederi), a type of general partnership for the owning of a merchantman[39]
  • säästöpankki (Swedish: sparbank),[40] a type of loans and savings association
Real estate law corporations

In the corporations of real estate law, the ownership or membership may be vested either in the real property or in a legal or natural person, depending on the corporation type. In many cases, the membership or ownership of such corporation is obligatory for a person or property that fulfils the legal requirements for membership or wishes to engage in certain activities.

  • keskivedenkorkeuden muuttamista varten perustettu yhteisö (Swedish: Sammanslutning som bildas för höjning av medelvattenståndet),[41] a corporation of water law for the permanent change of the median water level
  • ojitusyhteisö (Swedish: dikningssammanslutning),[42] a corporation of water law for the construction and maintenance of ditches
  • säännöstely-yhteisö (Swedish: regleringssammanslutning),[42] a corporation of water law for the regulation of water level in a body of water
  • tiekunta (Swedish: väglag), a type of limited-liability corporation for the maintenance of private road[43]
  • uittoyhteisö (Swedish: flottningssammanslutning),[44] a corporation of water law for timber-floating
  • vesioikeudellinen yhteisö (Swedish: vattenrättslig sammanslutning),[45] a corporation of water law for a project that involves economic use of bodies of water
  • yhteisalue (Swedish: samfälliga område),[46] a corporation for the maintenance of a real property jointly used by several other properties or persons
  • yhteismetsä (Swedish: samfälld skog),[47] a jointly owned forest
  • osakaskunta (historically "jakokunta"), a partition unit, i.e. a corporation for maintenance of the commons.

In addition to native types, European Union types are implemented:



  • individuals
    • Einzelunternehmen: individual entrepreneur ? sole trader (UK), sole proprietorship; only professional services, agriculture and forestry as well as small commercial businesses
    • Eingetragener Kaufmann (male/both genders)/eingetragene Kauffrau (female) (e.K./e.Kfm./e.Kfr.): registered merchant ? sole trader (UK), sole proprietorship (US); individual entrepreneur with commercial business (Handelsgewerbe)
  • partnerships (Personengesellschaften )
    • Gesellschaft bürgerlichen Rechts (GbR), BGB-Gesellschaft:[48] simple partnership; no minimum capital, two or more partners, unlimited liability of partners, no commercial business (Handelsgewerbe) that is not small.
      • nicht-eingetragener Verein: un-incorporated association; non-commercial/idealistic purposes only; similar to e.V.
    • commercial partnerships (Personenhandelsgesellschaften)
      • Offene Handelsgesellschaft (OHG): literally "open business company" ? general partnership: no minimum capital, unlimited liability of partners; GbR with commercial business (Handelsgewerbe)
      • Kommanditgesellschaft (KG) ? limited partnership
        • In case the general partner is a limited company, the legal form of the general partner, followed by "& Compagnie" (shortened to & Co.), must be included in the name of the company, resulting in combined legal forms such as:
          • GmbH & Co. KG: the general partner is a GmbH
          • AG & Co. KG: the general partner is an AG
          • SE & Co. KG: the general partner is a societas Europaea
          • GmbH & Co. OHG: each of the general partners are a GmbH
          • The same rule also applies when the general partner is a limited company incorporated outside Germany, for example:
          • Note that when a KG's general partner is a limited company, the resulting form is legally considered as a different subtype of KG
    • Partnerschaftsgesellschaft (PartG): partnership company; only for professional services
      • Partnerschaftsgesellschaft mit beschränkter Berufshaftung (PartGmbBH): partnership company with limited professional liability ? limited liability partnership (US); only for professional services
    • Partenreederei: combined and continued ownership of a single merchant vessel; no longer available for new businesses since 24 April 2013.
  • companies
    • eingetragener Verein (e.V.): incorporated association; non-commercial/idealistic purposes only, commercial business cannot be the main purpose of the e.V.
      • altrechtlicher Verein/rechtsfähiger Verein (r.V.): association established before 1 January 1900; extremely rare
      • wirtschaftlicher Verein: commercial purpose, established by public grant; rare
    • Companies limited by shares (equity) (Kapitalgesellschaften)
      • Kommanditgesellschaft auf Aktien (KGaA) publicly traded partnership (US); although it is a company limited by shares, the KGaA has at least one general partner whose liability is not limited
        • As with the KG, the legal form of the general partner, followed by "& Compagnie" (shortened to & Co.), must be included if it is another limited company, resulting in combined legal forms such as:
          • GmbH & Co. KGaA: the general partner is a GmbH
          • AG & Co. KGaA: the general partner is an AG
          • SE & Co. KGaA: the general partner is a societas Europaea
          • Note that when a KGaA's general partner is a limited company, the resulting form is legally considered as a different subtype of KGaA
      • Gesellschaft mit beschränkter Haftung (GmbH; German: ['ge:?mbe:?ha:]): company with limited liability ? private limited company (Ltd.) (UK), limited liability company (LLC) (US); at least one shareholder; minimum equity EUR25,000.
        • The "mit beschränkter Haftung (mbH)" suffix (German: ['?mbe:?ha:], "with limited liability") is sometimes added to the name of a firm that already ends in "-gesellschaft" ("company"), e.g., "Mustermann Dental-Handelsgesellschaft mit beschränkter Haftung" ("dental trading company with limited liability"), which would be abbreviated as "Mustermann Dental-Handelsgesellschaft mbH".
        • Unternehmergesellschaft (haftungsbeschränkt) (UG (haftungsbeschränkt)): literally "entrepreneurship company (with limited liability)": identical to GmbH but with a minimum capital of EUR1 (times the number of shares); part of earnings needs to remain in the company to reach a minimum equity of EUR25,000; the word haftungsbeschränkt ("with limited liability") may not be abbreviated.
      • Aktiengesellschaft (AG): literally "stock company" ? public limited company (plc) (UK), corporation (US); minimum capital EUR50,000.
    • eingetragene Genossenschaft (e.G.): registered cooperative
    • Körperschaft des öffentlichen Rechts: corporation under public law; main purpose is non-commercial, part of public administration
  • others
    • Stiftung ? (private) foundation, trust
    • Stiftung des öffentlichen Rechts: foundation under public law; main purpose is non-commercial, part of public administration
    • Anstalt des öffentlichen Rechts: institution under public law; main purpose is non-commercial, part of public administration


  • Sole Proprietorship
  • Private Limited By Share
  • Private Unlimited By Share
  • Private Limited By Guarantee
  • Public Unlimited Company
  • External Company
  • Public Limited Company
  • Public Limited By Guarantee
  • Partnership
  • Subsidiary Business Name



  • A.E. (Anónimi Etaireía / ? , ?.E.) plc (UK), minimum capital EUR24,000
    • A.V.E.E. (Anónimi Viomichanikí Emborikí Etaireía / ? , ?.?.?.?.)
  • E.E. (Eterórrithmi Etaireía / ?, ?.?.): limited partnership
  • E.P.E. (Etaireía Periorisménis Efthínis / ? ?, ?.?.?.) Ltd. (UK), no minimum capital
    • M.E.P.E. (Monoprósopi Etaireía Periorisménis Efthínis / ?.?.?., ?.?.?.?.): type of E.P.E. with a single member
  • O.E. (Omórrithmi Etaireía / , ?.?.): general partnership
    • O.V.E.E. (Omórrithmi Viomichanikí Emborikí Etaireía / , ?.?.?.?.)
  • I.K.E. (Idiotiki Kefalaiouchiki Etaireía / ? ) = Private Company, minimum capital=EUR0. The shares do not take the form just of capital but also warranties, labor offer etc. This form is a composite form between A.E. E.P.E and O.E. which is greatly affected by the Articles of Incorporation.
  • atomikís epicheírisis / : sole proprietorship

At most times usually companies would translate any of these designations into S.A. in non-Greek languages.


Name Approximate equivalent Notes
y Cía. S. C. (Sociedad Colectiva) General partnership
y Cía. S. en C. (Sociedad en Comandita Simple)
Cía. Ltda. (Sociedad de Responsabilidad Limitada) Limited Liability Company
S. A. (Sociedad Anónima) Limited company
Cía. S. C. A (Sociedad en Comandita por Acciones)


  • Standardized Company; Legal Form, Sociedad Anónima (SA) - Stock Corporation; Minimum Capital Requirement, 25,000

Hong Kong

  • Ltd (Limited/?): may denote either a private or public company limited by shares, or a company limited by guarantee. Under the Companies Ordinance, the name of a Hong Kong incorporated company may be registered in English, Chinese, or both.
  • Unltd or Ultd (Unlimited/?): similar to a limited liability company (Ltd) but whose members or shareholders do not benefit from limited liability should the company ever go into formal liquidation. It is not a requirement under company law to add or state the word or designation Unlimited (?) or its abbreviations (Unltd or Ultd) at the ending of its legal company name, and most unlimited companies do not.


In Hungary, business entities are mainly regulated by the Companies Act of 2006,[50] the Companies Registration Act of 2006 and the new Civil Code of 2013.[51] All companies are required to indicate their type in their name.

Name Type Notes
e.v. (egyéni vállalkozó) sole trader must be a natural person
e.c. (egyéni cég) sole venture a company registered by and consisting of one sole trader
bt. (betéti társaság) limited partnership requires one general partner with unlimited liability and one or more members with limited liability
kkt. (közkereseti társaság) general partnership all members have unlimited liability
kft. (korlátolt felel?sség? társaság) limited liability company company without stocks, the most common company type in Hungary[52]
kht. (közhasznú társaság) community interest company abolished in 2009, must operate as nonprofit company instead[53]
kv. (közös vállalat) joint venture abolished in 2006
rt. (részvénytársaság) joint-stock company replaced by Zrt. and Nyrt. in 2006
Nyrt. (nyilvánosan m?köd? részvénytársaság) public limited company must be listed on a stock exchange
Zrt. (zártkör?en m?köd? részvénytársaság) privately held company not listed on stock exchange, otherwise the same as Nyrt.
szöv. (szövetkezet) cooperative
egyesülés national version of European Economic Interest Grouping


Name Approximate equivalent Notes
ehf. einkahlutafélag Ltd. (UK)
  • Minimum capital: ISK 500,000 (£2,750; EUR3,260; $4,250).
  • Minimum shareholders: 1.
einstaklingsfyrirtæki sole proprietorship
hf. hlutafélag plc (UK)
  • Minimum capital: ISK 4,000,000 (£22,000; EUR26,100; $34,000).
  • Minimum shareholders: 2.
ohf. opinbert hlutafélag government-owned corporation
saf. samlagsfélag limited partnership
sv. samvinnufélag cooperative
sf. sameignarfélag general partnership
sfs. sjálfseignarstofnun non-profit organization
  • Minimum capital: ISK 1,000,000 (£5,500; EUR6,520; $8,500).


  • Sole Proprietorship - Sole Proprietorship firm is the simplest form of business entity in India that is owned and managed by a single person. It is the easiest way of registering and starting a business. It is not governed by any law and hence it is the easiest form of business in India. All the decisions and management of the business are in the hands of one person.
  • Partnership - liability is joint and unlimited. Registration is not compulsory and can be done through the registrar of firms.[] Active partners take part in day-to-day operations of the business, in addition to investing in it. Active partners are entitled to a share of the enterprise's profits. Sleeping partners invest in the business and are entitled to a share of its profits, but do not participate in day-to-day operations.
  • Limited Liability Partnership - Liability is limited and similar to Partnership except for registration is mandatory and liability is limited. At least two partners are 'designated partner' (equivalent to directors in the company), who manages day-to-day working. Regulated by the union government.
  • Company
    • Private Limited Company: have 2-200 shareholders; shares are held privately and cannot be offered to the public. Have limited liability and registration is mandatory. Regulated by the union government.
    • Public Limited Company: have more than 200 shareholders. Can be listed or unlisted in the share market.
    • One-person company - It is a type of private company which can have only one director and member.
    • Unlimited Company - A company, similar to its limited company (Ltd, or Pvt Ltd) counterpart, but where the liability of the members or shareholders is not limited.
  • Public sector undertaking (PSU) - Alternatively known as Public Sector Enterprise (PSE). It may be a public limited company listed on stock exchanges with a major ownership by a state government, central government, or local government, or it may be an unlisted entity with a major ownership by a state government, central Government, or local government. Some of these entities are formed as business entities through special legislation, where these entities are governed by the statutes of this legislation and may or may not be governed by company laws like a typical business entity.
  • Cooperative Societies


Most of the legal entity types are regulated in a modified version of the original version of the Dutch Burgerlijk Wetboek.

  • Yayasan: foundation
  • UD (Indonesian: Usaha Dagang): sole proprietorship (lit. "trade company").
    • Sometimes this kind of legal entity is called a perusahaan dagang or abbreviated as PD, which sometimes makes confusion with the former name for municipally-owned statutory corporations, Perusahaan Daerah, also abbreviated as PD (today they are called Perusahaan Umum Daerah ("regional public corporations") and abbreviated as Perumda)
  • vof/Fa (Dutch: vennootschap onder firma), known locally as just firma: general partnership
  • Koperasi: Cooperative
  • mts (maatschap) (Indonesian: Persekutuan Perdata) group practice (of professionals, e.g. doctors, accountants, lawyers); share facilities not profits, members are treated as natural persons for tax and liability purposes.
  • cv (Dutch: Commanditaire vennootschap, Indonesian: Perusahaan/Persekutuan Komanditer) ? LP (US), Kommanditgesellschaft (Germany); a more common type for smaller businesses
  • PT (Indonesian: Perseroan Terbatas) private company limited by shares (UK)
    • State-owned PT (both in majority and complete ownership) ends with "(Persero)".
  • PT Tbk (Perseroan Terbatas Terbuka or Perseroan Terbuka) (also in Dutch: Naamloze vennootschap, NV) plc (UK) listed on the Indonesia Stock Exchange


  • ? (Sherkat Sahami Am) plc (UK), public
  • ? (Sherkat Sahami Khas) plc (UK), private
  • ? ? (Sherkat ba Masouliyat Mahdoud) Ltd. (UK)
  • ? (Sherkat Mokhtalet Gheyr Sahami) limited partnership
  • ? (Sherkat Mokhtalet Sahami): mixed joint-stock partnership
  • ? (Sherkat Tazamoni) general partnership
  • ? ? (Sherkat Nesbi): proportional liability partnership
  • ? ? ? (Sherkat Ta'avoni Tolid va Masraf): production and consumption cooperative


Situation in Ireland is similar to United Kingdom below, though without the class Community Interest Company. There were two forms of Company Limited by Guarantee, but only the form without a share capital is now used. Irish names may also be used, such as cpt (cuideachta phoibli theoranta) for plc, and Teo (Teoranta) for Ltd.

  • Limited Company - Four types:
    • Private company limited by shares - If company is wound up, members' liability is limited to the amount, if any, unpaid on the shares they hold. Maximum number of members in the Republic of Ireland is 99.
    • Company limited by guarantee not having a share capital - Public company. Must have at least seven members. Members' liability limited to amount they have undertaken to contribute to company assets. If wound up, liability does not exceed amount specified in memorandum. If a guarantee company does not have a share capital, members are not required to buy shares (such as charities).
    • Company limited by guarantee having a share capital - As with a private company if the maximum number of members is 99. Members have liability either for the amount, if any, that is unpaid on the shares they hold, or for the amount they have undertaken to contribute to company assets, in the event that it is wound up.
    • A public limited company. Must have at least seven members. Liability is limited to the amount, if any, unpaid on shares they hold. Unlawful to issue any form of prospectus except in compliance with the Companies Acts 1963-2006. Nominal value of Company's allotted share capital must satisfy specified minimums which must be fully paid before company commences business or exercises any borrowing powers.
  • Single Member Company - Private company limited by shares or a guarantee company having a share capital, which is incorporated with one member, or whose membership is reduced to one person. Must have at least two directors and one secretary. Sole member can dispense with holding General Meetings including Annual General Meetings.
  • Unlimited Company - No limit on liability of members. Creditors may have recourse to shareholders for unpaid liabilities of the company. Must have at least two shareholders.
  • Undertakings for Collective Investment in Transferable Securities (UCITS) - Public limited companies formed under EU Regulation and the Companies Acts 1963-2006. Sole object of a UCIT is collective investment in transferable securities of capital raised from the public that operates on the principle of risk-spreading. Central Bank of Ireland must approve all registrations of UCITS.
  • A designated activity company (Irish: Cuideachta Ghníomhaíochta Ainmnithe) or DAC is a form of company in Ireland created by the Companies Act 2014. Like a limited company, designated activity companies have limited liability. Additionally, they may only carry out activities listed in their constitution documents, and so the concept of ultra vires continues to apply to them.
  • Irish Section 110 Special Purpose Vehicle (SPV)


  • Company (khevra, ?) - for-profit entity which may engage in any lawful activity. Most companies limit the liability of their shareholders. In that case, the phrase "Limited" or the abbreviation "Ltd." must appear as part of the full name of the company. The term "B.M."/"BM" ("?), literally: by limited liability/warranty, is usually translated as "Ltd." in English and pronounced "ba'AM" in Hebrew. Companies are governed by the Companies Act, 5759-1999 ( , "?-1999). Few sections are still in force from the Companies Ordinance [New Form], 5743-1983 ( [? ], "?-1983).
    • Private company - any company which is not a public company.
    • Public company - any company whose shares are listed on an exchange or have been offered to the public, and are held by the public.
    • Charity company (khevra le'to'ellet ha'tzibur, ? ) - company generally governed by the Companies Act, except it is a nonprofit. A charity company must have pre-defined goals, rather than engage in any lawful activity. Some provisions in the Companies Act apply specifically to charity companies. The letters "CC" ("?) must be appended to such company's name.
  • Partnership (shutafut, ) - created by default, even without registration, when two or more persons run a business together for profit. Personal liability of partners is not limited, unless they are limited partners of a limited partnership. Partnerships are governed by the Partnerships Ordinance [New Form], 5735-1975 ( [? ], "?-1975).
  • Cooperative (aguda shitufit, ?) - entity which may pursue profit, but with certain legal properties meant to facilitate greater participation by each shareholder, or member, in the entity's affairs. Shareholders usually have an additional relationship with the cooperative, such as employees or consumers. This type of entity is found mainly in agriculture (a kibbutz or moshav is often a cooperative), transportation, or certain types of marketing operations associated with agricultural products. Cooperatives are governed by the Cooperatives Ordinance ( ? ).
  • Voluntary association (amuta, ) - nonprofit entity, which must have its goals defined in its founding agreement. Includes, among others, academic institutions, hospitals and various charitable organizations. Voluntary associations are governed by the Voluntary Associations Act, 5740-1980 ( ?, "?-1980).



Business corporations are referred to as kaisha () and are formed under the Companies Act of 2005. There are currently (2015) 4 types and each of them has legal personality:

  • ? (kabushiki gaisha or kabushiki kaisha, "K.K." (usually translated in company names as "Company, Limited"/"Co., Ltd.")) - lit. "stock company", the most typical form of business corporation.
  • ? (g?d? gaisha or g?d? kaisha, "G.K.") - lit. "amalgamated company", a close corporation form similar to the American LLC, introduced in 2006
    • ? (y?gen gaisha or y?gen kaisha, "Y.K.") - lit. "limited company", a close corporation form for smaller businesses, abolished in 2006 and replaced by G.K. above
  • ? (g?mei gaisha or g?mei kaisha, "GMK") - corporation similar to a general partnership
  • ? (g?shi gaisha or g?shi kaisha, "GSK") - corporation similar to a limited partnership

Partnerships are referred to as kumiai (). Each of these 4 types has no legal personality though other corporations, which include "kumiai" in their name, have:

  • ? (nin'i kumiai, "NK") - general partnership (Civil Code)
  • ? (tokumei kumiai, "TK") - anonymous partnership, an investment bilateral contract (Commercial Code, Book 2 Ch.4 Article 535 et seq)
  • ? (t?shi jigy? y?gen sekinin kumiai) - limited partnership for investment (Limited Partnership for Investment Act 1998, Rev.2004)
  • (y?gen sekinin jigy? kumiai) - similar to a Limited Liability Partnership (Limited Liability Partnership Act of 2005)



  • (Aktsionernoe obschestvo/  [ru]): Joint stock company
  • (Tovarishchestvo s ogranichennoy otvetstvennostyu/ ? ? [ru]): limited liability partnership
  • TDO/ (Tovarishchestvo s dopolnitelnoyu otvetstvennostyu/ ? ?) Additional liability partnership
  • GP/ (Gosudarstvenoe predpriyatie/  [ru][55]): State company
  • (Komanditnoe Tovarishchestvo; )
  • (Obshestvennoe Obedinenie / ) Social association
  • PT/ (Polnoe Tovarishchestvo / ) Full partnership
  • PtK/ (Potrebibitelskii Kooperativ / ?)
  • PrK/ (Proizvodstvenni Kooperativ / ? ?)
  • (Relitioznoe Obedinenie / )
  • Uchr/ (Uchrezhdenie/?)

Korea, South


  • Individual Business (B.I.)
  • General Partnership (O.P.)
  • Partnership (SH.K.M.)
  • Limited Liabilities Companies (SH.P.K. Limited Liability)
  • Joint Stock Companies (J.S.C., SH.A.)
  • Foreign Company ("DEGA NË KOSOVË", "KOSOVO BRANCH")
  • Socially owned enterprises
  • Public enterprises
  • Agricultural cooperatives




  1. S.N.C.(Société en Nom Collectif): General partnership
  2. S.C.S.(Société en Commandite Simple): Partnership in commendam



  • S.A. (Société anonyme) plc (UK)
  • S.A R.L. (Société à responsabilité limitée) Ltd. (UK)
  • Société à responsabilité limitée simplifiée (SARL-S) = simplified limited liability company
  • Société en commandite simple (SCS) limited partnership
  • Société en Commandite Spéciale (SCSp): unlike an SCS, an SCSp does not have a legal personality separate from those of its partners; it is formed by an agreement among its partners and allows for more flexible structuring, not having to comply with corporate law requirements
  • Société en commandite par actions (SCA) corporate limited partnership



Business entities according to the "Ley General de Sociedades Mercantiles" (General Law of Business entities)

Note: Any of these entities can be incorporated as a "Capital Variable" entity, in which case has to add the "de C.V." sufix to its company name. Example: "S.A. de C.V.", "S. de R.L. de C.V."

Business entities according to the "Ley del Mercado de Valores" (Stock Market Law)
  • S.A.B. (Sociedad Anónima Bursátil)
  • S.A.P.I. (Sociedad Anónima Promotora de Inversión)


  • SAM (Société Anonyme Monégasque) joint stock company
  • SARL (Société à Responsabilité Limitée) Ltd. (UK), LLC (USA)
  • SNC (Societe en Nom Collectif) General Partnership
  • SCS (Societe En Commandite Simple) Limited Partnership
  • SCA (Société en Commandite par Actions) Limited Partnership with Shares
  • Sole Trader


  • (Khuvitsaat Kompani/ ?) plc (UK) stock company
  • (Khyazgaarlagdmal Khariutslagatai Kompani/ ? ?) ltd (UK) limited liability company
  • (Töriin Bus Baiguullaga/ ):? non governmental organisation
  • (Gadaadiin khurungu oruulalttai khyazgaarlagdmal khariutslagatai kompani / ? ? ?) limited liability company with foreign investment


  • Preduzetnik (Preduzetnik): ? Sole proprietorship (UK) ? Einzelunternehmen/Eingetragener Kaufmann (D)
  • O.D. (Orta?ko Dru?tvo): ? General partnership (UK) ? Offene Handelsgesellschaft ? OHG (D)
  • K.D. (Komanditno Dru?tvo): ? Limited partnership (UK) ? KG (D)
  • A.D. (Akcionarsko Dru?tvo): ? joint-stock company, plc (UK) ? AG (D)
  • D.O.O. (Dru?tvo sa Ograni?enom Odgovornou) Private Limited Companies (Ltd.) (UK) ? GmbH (D)
  • Dio stranog dru?tva (Dio stranog dru?tva):
    • Literally part of a foreign company this sort of business entity contains the original name, legal organizational form from origin country which is converted in

one of above mentioned form (Preduzetnik; O.D.; K.D.; A.D.; D.O.O.), as such it is registered in the Central Register of Companies. This form is a little bit specific and was created for companies that are domiciled registered in other countries and have its part in Montenegro.



  • Close Corporation*
  • Companies (Private, Public and Section 21)*
  • Sole Trader*
  • Partnership*
  • Trusts*
  • Co-operatives*


  • Private Limited Company: Liability, limited by shares; Name, cannot be deceptively similar to another registered company; Management, at least 1 director; Shareholders, limited to 1-50 excluding persons who are employed by company, prohibition against any invitation to the public to subscribe for shares; Founders, 1-50; Nationality, Nepalese company; Company purpose, any lawful purpose except industry on Negative List; Formation, file Memorandum and Articles of Association with Registrar of Companies.
  • Public Limited Company: Liability, limited by shares; Name, cannot be deceptively similar to another registered company; Management, at least 3 directors; Shareholders, minimum 7, no maximum, share subscription by public pursuant to a prospectus that complies with Companies Act of 2007 and Securities Act; a Private Limited Company can convert to Public Limited Company by complying with Companies Act of 2007; Founders, minimum 7; Nationality, Nepalese company; Company purpose, any lawful purpose except industry on Negative List; Formation, file Memorandum and Articles of Association with Registrar of Companies.
  • Branch: Liability, main company remains liable; Name, same as main company; Nationality, foreign company; Company purpose, any lawful purpose except industry on Negative List; Formation, file Memorandum and Articles of Association with Registrar of Companies, plus permission to work in Nepal by concerned authority; Founders, main branch.


All non-governmental legal entities are registered on the companies register of the chamber of commerce.[57][58]

  • Stichting foundation. Can run a business. No profit distribution to founders or board members.
  • mutual societies (associations which are allowed to pay dividends to their members; liability may be unlimited (W.A. - wettelijke aansprakelijkheid), limited (B.A. - beperkte bansprakelijkheid) or exempt (U.A. - uitsluiting van aansprakelijkheid)):
    • Coöperatie co-operative society
    • Onderlinge waarborgmaatschappij mutual insurance company
  • Vereniging ? association. Can run a business, but may not distribute profit among its members.
  • Mts (Maatschap) group practice (of professionals, e.g. doctors, accountants, lawyers); share facilities not profits, members are treated as natural persons for tax and liability purposes.
  • Eenmanszaak sole trader (UK), sole proprietorship (US)
  • vof (vennootschap onder firma) GP
  • cv (commanditaire vennootschap) LP
  • bv (besloten vennootschap) Ltd. (UK), LLC (US). Shares are privately registered and not freely transferable. The name means "closed company", stemming from the fact that the (group of) shareholder(s) cannot be changed without consent from the majority of shareholder(s).
  • nv (naamloze vennootschap) plc (UK), Corp. (US). Minimum issued share capital upon incorporation: EUR45,000. Literally translated, the title is "nameless company", owing to the fact that shareholders are not formally known as such in company statutes and other legal documents.

New Zealand

  • Ltd (Limited) plc or Ltd. (UK). Names of limited liability companies that were registered under the Companies Act 1993 (but not those that were registered under the Companies Act 1955) must end with the word "Limited", the words "T?pui (Limited)", or the suffix "Ltd".
  • Look-through company


The Commercial Code establishes the following types of companies:

  • S.A.: Sociedad Anónima
  • Cia.: Sociedad en Nombre Colectivo
  • Cia. Ltda.: Sociedad en Nombre Colectivo de Responsabilidad Limitada
  • S.C.S.: Sociedad en Comandita Simple
  • S.C.A.: Sociedad en Comandita por Acciones


  • Private Limited Company (Ltd.): a private company limited by shares
  • Public Limited Company (PLC): a public company limited by shares
  • Limited by Guarantee (Ltd./Gte.): a company limited by guarantee (non-profit company)
  • Unlimited (ULtd.): A company with a share capital, similar to its limited company (Ltd., or PLC.) counterparts, but where the liability of the members or shareholders is not limited
  • Limited Liability Partnership (LLP): Only allowed in the state of Lagos, Nigeria.
  • Partnership: Arrangement in which parties agree to cooperate to advance their mutual interests.

North Macedonia

  • A.D./?.?. (Akcionersko Dru?tvo / ?) plc (UK) or Joint-stock company
  • D.O.O./?.?.?. (Dru?tvo so Ograni?ena Odgovornost / ? ? ) Ltd. (UK)
  • D.O.O.E.L./?.?.?.?.?. (Dru?tvo so Ograni?ena Odgovornost od Edno Lice / ? ? ? ?): type of DOO with a single member
  • K.D./?.?. (Komanditno Dru?tvo / ? ?) limited partnership
  • K.D.A./?.?.?. (Komanditno Dru?tvo so Akcie / ? ? ) limited partnership with shares
  • J.T.D./?.?.?. (Javno Trgovsko Dru?tvo / ?) General partnership


  • ASA (Allmennaksjeselskap) plc (UK). Minimum capital NOK 1,000,000
  • AS (Aksjeselskap) Ltd. (UK). Minimum capital NOK 30,000.
  • ANS (Ansvarlig selskap): general partnership with mutual liability
  • BA (Selskap med begrenset ansvar): cooperatives and companies created by legislation
  • BL (Borettslag): housing share company
  • DA (Selskap med delt ansvar): general partnership with apportioned liability
  • Enkeltpersonforetak: sole proprietorship
  • Etat: state, county or municipal agency
  • FKF (Fylkeskommunalt foretak): county enterprise
  • HF (helseforetak): subsidiary health enterprise
  • IKS (Interkommunalt selskap): inter-municipal enterprise (owners' liability)
  • KF (Kommunalt foretak): municipal enterprise (owner's liability)
  • KS (Kommandittselskap) limited partnership
  • NUF (Norskregistrert utenlandsk foretak): foreign enterprise registered in Norway
  • RHF (regionalt helseforetak): regional health enterprise
  • SF (Statsforetak): state enterprise
  • Sparebank: savings bank
  • Stiftelse: a foundation, with capital but without members or shareholders. It is allowed to make a profit, but is more suited for non-commercial purposes.
  • UB (Ungdomsbedrift): youth enterprise, only used in education


  • SAOG (Société Anonyme Omanaise Générale) Public Joint Stock Company[59]
  • SAOC (Société Anonyme Omanaise Close) Closed Joint Stock Company[60]


There are three main forms of business:

(a) Sole Proprietorship (b) Partnership (c) Company

  • Sole Proprietorship

In a sole proprietorship, an individual on his/her own account carries out the business or profession. No formal procedure or formality is required for setting up a sole proprietary concern.

  • Partnership

A partnership is a business relationship entered into by a formal agreement between two or more persons or corporations carrying on a business in common. The capital for a partnership is provided by the partners who are liable for the total debts of the firms and who share the profits and losses of the business concern according to the terms of the partnership agreement.

Partnerships (other than banking companies) are generally limited in size to twenty partners. The interest of a partner is transferable only with the prior consent of the other partner(s). However, a partner's right to a share of the partnership income may be received in trust for another person.

For taxation purposes, partnerships are classified into:

(i) Registered Firms (ii) Unregistered Firms

The income of the registered firm is subject to Super Tax before distribution to the partners. Also the individual income of the partners is subject to income tax at the usual rates.

For unregistered firms, income tax is levied on the firm's income and the partners are not liable to pay tax on the shares of profit received from the unregistered firm(s).

  • Company

A company is a legal entity formed under the Companies Ordinance, 1984. It can have share capital or can be formed without share capital.

A company having share capital may be formed as:

(i) A company limited by shares. (ii) A company limited by guarantee. (iii) An unlimited company.

  • Company Limited by Shares

The liability of its members is limited to the extent of their shares in the paid-up capital of the company. These companies may further be classified as public limited and private limited companies.

  • Public Limited Companies can be formed by at least seven persons by subscribing their names to the 'Memorandum and Articles of Association' of the company. The word 'Limited' is used as the last word of its name.
  • Private Limited Companies may be formed by at least two persons by subscribing their names to the 'Memorandum and Articles of Association' of the company. A private limited company, by its Articles of Association:

(i) Restricts the right to transfer its shares; (ii) Limits the number of its members to fifty; and; (iii) Prohibits any invitation to the public to subscribe for shares or debentures of the company.

A private limited company is required to use the words "(Private) Limited" as the last words of its name.

  • Company Limited By Guarantee

Means a company having the liability of its members limited by memorandum to such amounts as the members may respectively undertake to contribute to the capital of the company in the event of its winding up. A company limited by guarantee is usually formed on a 'non profit basis'. Companies limited by guarantee use the words (Guarantee) Limited" as the last words of their n Unlimited Company

Means a company having unlimited liability of its members



  • S.A. (Sociedad Anónima) plc (UK)
  • Sociedad Anónima Abierta (S.A.A.): To qualify to register as an S.A.A., a company must meet one or more conditions laid down in Article 249 of Peru's General Corporation Law. Those conditions state there must be a primary public offering of shares or convertible bonds in stocks, which are held by more than 750 shareholders, more than 35% of its capital belonging to 175 shareholders, or that all shareholders entitled to vote approve the adjustment to the scheme. The S.A.A. is then audited by the Comisión Nacional Supervisora de Empresas y Valores (CONASEV).[61]
  • Sociedad Anónima Cerrada (S.A.C.):[62] These companies must have a minimum of 2 and a maximum of 20 shareholders. These shares can't be registered in the Public Registry.


  • Co. (Company): can be used for general partnerships
  • Coop. (Cooperative)
  • Corp. (Corporation)
  • Ent. (Enterprise): May be used by sole proprietorships, although they are not required to have a suffix.
  • Inc. (Incorporated)
  • Ltd. (Limited), Ltd. Co. (Limited Company) Limited partnerships, companies with legal status use the Inc. and Corp. suffix unlike in other SEA countries.
  • OPC (One Person Corporation): went into effect on February 2019 [63]

Older forms (now rarely used)

  • Cía (Compañía): for partnerships and other forms of business during the Spanish rule
  • SA (Sociedad Anónima): formed under Spanish rule


Entities registered as enterpreneurs in the Central Registration and Information on Business (Centralna Ewidencja i Informacja o Dzia?alno?ci Gospodarczej, CEIDG)

  • jednoosobowa dzia?alno gospodarcza: sole proprietorship[64]
  • s.c. (spó?ka cywilna): "civil law partnership", itself neither a legal entity nor a juridical person, as it is the partners (natural persons) who retain their separate statuses as entrepreneurs and legal entities, albeit bound by an agreement on the sharing of profits, losses and ownership of a business (common pool of assets). An exception is limited exclusively to labor law matters, where the partnership may enter work contracts as an employer and has legal capacity. It is granted NIP and REGON numbers distinct from those belonging to the partners. Can be likened to a voluntary association.[65]'

Entities registered in the National Court Register (Krajowy Rejestr S?dowy, KRS)

Entities registered as enterpreneurs in the Register of Enterpreneurs (Rejestr przedsi?biorców)

Except for the spó?ki osobowe (partnerships), all are juridical persons.

  • spó?ki handlowe commercial/trade partnerships and companies/corporations
    • spó?ki osobowe partnerships (entities lacking juridical personality)
      • sp.j. (spó?ka jawna) registered partnership, otherwise translated general partnership
      • sp.p. (spó?ka partnerska) professional partnership, otherwise translated limited liability partnership May also be denoted by the addition of i partner(zy) ("and partner(s)") to the firm's name. Can only be used for the purpose of practicing as a professional licensed by a regulatory body, in a profession listed in the appropriate provision of the Commercial Companies Code (e.g. physicians, barristers). The partners are fully liable for the partnership's debts, with the exception of debts incurred by other partners practicing their licensed profession and employees under their direction.
      • sp.k. (spó?ka komandytowa) limited partnership
      • S.K.A. (spó?ka komandytowo-akcyjna): limited joint-stock partnership, otherwise translated partnership limited by shares. Minimum share capital PLN 50,000 (approx. EUR12,500).
    • spó?ki kapita?owe companies/corporations
      • S.A. (spó?ka akcyjna) joint-stock company, otherwise translated plc (UK). Minimum share capital PLN 100,000 (approx. EUR25,000).
      • P.S.A. (prosta spó?ka akcyjna) = simple joint-stock company, otherwise translated simple plc, a new company type 2021, actually a simplified version of the former type
      • Sp. z o.o. (spó?ka z ograniczon? odpowiedzialno?ci?) Ltd. (UK). Minimum share capital PLN 5,000 (approx. EUR1,250)
  • spó?dzielnia cooperative. May also be denoted by the word Spó?dzielczy in the firm's name. Some subtypes of cooperatives are governed by additional dedicated laws along the general cooperative law, these include spó?dzielcza kasa oszcz?dno?ciowo-kredytowa (a credit union), bank spó?dzielczy (a cooperative bank), spó?dzielnia mieszkaniowa (a housing cooperative), rolnicza spó?dzielnia produkcyjna (an agricultural production cooperative), spó?dzielnia kó?ek rolniczych (a farming societies cooperative, providing agricultural services), and spó?dzielnia pracy (a labor cooperative), including spó?dzielnia socjalna (a social cooperative).
  • p.p. (przedsi?biorstwo pa?stwowe): state undertakings or state enterprise
  • instytut badawczy: (government research institute, excluding those operated by the Polish Academy of Sciences),
  • instytut Sieci Badawczej ?ukasiewicz (?ukasiewicz Research Network institute)
  • przedsi?biorstwo zagraniczne (foreign undertaking),
  • towarzystwo ubezpiecze? wzajemnych (mutual insurance society),
  • towarzystwo reasekuracji wzajemnej (mutual reinsurance society)
  • branches of foreign undertakings active on the territory of Poland,
  • main branches of foreign insurance undertakings,
  • main branches of foreign reinsurance undertakings
  • European economic interest grouping,
  • European partnership,
  • European cooperative,
  • as well as any of the juridical persons registered in the Register of Associations, Other Social and Professional Organizations, Foundations and Independent Public Healthcare Institutions (see below) if they intend to perform business activities (when allowed by their bylaws, excluding Independent Public Healthcare Institutions, as they are not allowed to register as an entrepreneur, as well as excluding those of juridical persons or other legal entities who are registered in the KRS exclusively for the purpose of obtaining status of an officially recognized charity - public benefit organization, and would otherwise be exempt from the registration in the KRS - see below)


Entities registered in the Register of Associations, Other Social and Professional Organizations, Foundations and Independent Public Healthcare Institutions (Rejestr stowarzysze?, innych organizacji spo?ecznych i zawodowych, fundacji oraz samodzielnych publicznych zak?adów opieki zdrowotnej)

All the following types are juridical persons:

  • fundacja (foundation),
  • stowarzyszenie rejestrowe (registered association)
  • zwi?zek stowarzysze? (union of associations),
  • territorial branches of an association who have their own juridical personality (if allowed by the association's bylaws),
  • stowarzyszenie ogrodowe family garden association
  • zwi?zek stowarzysze? ogrodowych (union of family garden associations),
  • stowarzyszenie kultury fizycznej (physical culture association)
  • zwi?zek sportowy (sport union = a union of physical culture associations),
  • polski zwi?zek sportowy (Polish sport union), a sui generis juridical person holding the authority of the officially recognized national sports governing body in disciplines which are managed by an IOC-recognized international federation (all olympic and some established non-olympic disciplines, but not the paralympic ones, the latter obligated to operate under the general rules as unions of associations because of their non-commercial and often charitable character); only one such body per discipline may exist; its form is actually shaped as a highly regulated union of associations holding the status of a national sports governing body on behalf of the respective international federation and the state authorities, thus exhibiting also some features of an official authority, but also of a company, as it is designated by law as the obligatory owner and trader of exclusive rights related to sponsorship, advertisement and broadcasting of national events and national team, thus being indirectly obligated (in practice in all cases) to register also as an enterpreneur; its registration is possible only through transforming an existing union of associations whose direct membership is composed exclusively of sports clubs active in a specific sport, as well as their subnational unions, or other juridical persons active in the particular discipline, and which obtained the mandatory prior admission to the respective international federation, and subsequently, the mandatory consent of the minister responsible for sports, before applying to the KRS; registration is synonymous with official recognition as the national governing body of a discipline and is coupled with a number of additional rights and obligations
  • zwi?zek zawodowy (trade union) as well as their federations and confederations, as well as territorial branches of a trade union who have their own juridical personality if allowed by the trade union's bylaws),
  • organizations of employers (and their unions, federations and confederations),
  • organizations of economic self government (chambers of industry and commerce, Polish Chamber of Commerce, guilds and chambers of craft, Polish Union of Craft, and chambers of agriculture),
  • organizations of professional self government of certain entrepreneurs (trade and services unions for entrepreneurs active in trade, gastronomy or services, excluding those acknowledged as craft or those exercising a profession governed by a regulatory college; transportation unions for entrepreneurs active in transportation; federations of the former two),
  • various types of agricultural unions (trade unions of individual farmers, farming societies and their unions, sectoral agricultural organisations and their unions)
  • samodzielny publiczny zak?ad opieki zdrowotnej (independent public healthcare institution) - a sui generis type of juridical persons, mandatory for the majority of public healthcare entities (hospitals, clinics etc.) established by the State Treasury, a territorial self-government unit, or a public higher education institution, except for entities operating as a trade partnership (a limited liability company or a joint-stock company, whose absolute majority of shares or stocks is held by the State Treasury, a territorial self government unit or a public higher education institution), or those operating as a budgetary unit, on behalf either of the State Treasury (including centers for forensic psychiatry, units of the State Sanitary Inspection, as well as some of the healthcare entities operated by a uniformed service, and a few addiction treatment centers and nursing homes operated directly by the Ministry of Health, mainly due to historical reasons) or of a self-government unit (all voivodship centers for occupational medicine, a dozen communal rehabilitation centers or nursing homes, and three communal GP clinics).

In addition, any juridical persons or other legal entities (including those originally or otherwise exempt from the registration in the KRS - see below) also have to register, if they are eligible and apply for (and obtain) the status of an officially recognized charity (organizacja po?ytku publicznego = public benefit organization); however, as an exception, registration solely for that purpose neither confers juridical personality to entities lacking one, nor does it create obligation or right to register as an entrepreneur.[67]

Entities excluded from registration as enterpreneurs

Types of businesses excluded from registration as entrepreneurs include the following.

Natural persons

  • Dzia?alno pozarejestrowa osoby fizycznej (non-registered economic activity of a natural person): unregulated business activity of a natural person may be exempt from registration in the CEIDG if the person has not performed business activities during the preceding 60 months and the monthly gross income generated by the activity does not exceed 50% of the minimum wage. Such activity is also free from the obligation to pay social insurance contributions, nevertheless, it is still subject to taxation and health insuran?e contributions. Individual prostitution is in all cases excluded from registration, unregulated, untaxed and not subject to compulsory social or health insurance, whereas organised prostitution is illegal.
  • Kancelaria komornicza (an office of a judicial enforcement officer commonly known as bailiff) - a court bailiff is a public official (but not a civil servant) who is assigned to undertake enforcement action within the area of the jurisdiction of a single regional court; it is an individual who is appointed to act as such by the minister of justice on application of the person concerned, filed via the intermediary of the president of the court of appeal, within whose area the candidate intends to perform acts in enforcement proceedings. Before appointing, the minister of justice shall request the council of the chamber of the court bailiffs to give the opinion of the candidate. A bailiffs is not employed by the court in spite of acting on behalf of its authority, but is self-employed and operates an own single chancellery (named Bailiff's Office of the Regional Court in...), a quasi-undertaking excluded from registration as an entrepreneur in CEIDG, but treated as such for most other purposes, including income taxation or social and health insurance, obligated to obtain NIP and REGON numbers by registering in the relevant registers, and is remunerated by percentage on money recovered and the other fees specified in The Court Bailiffs and Enforcement Act of 20 August 1997. The bailiff also incurs expenses, to be covered by the debtor or by the creditor if the enforcement proceedings are ineffective.
  • Gospodarstwo rolne rolnika indywidualnego (agricultural holding of an individual farmer): proper agricultural activity of an individual farmer animal husbandry; inland fisheries; plant production, including crop cultivation, vegetable farming, horticulture, orchard farming, fungiculture, seed production, plant nursery, forestry) is excluded from registration as entrepreneur (but a farmer is still obligated to obtain NIP and REGON numbers by registering in the relevant registers, as well as to obtain in most cases registration in the Register of Producers, Agricultural Holdings and Applications for Payment Entitlements, the latter being obligatory for all holders of pigs, cattle, goats or sheep, and a prerequisite to receive any public state or EU funding). Proper agricultural activity is exempt from income and real estate taxes, being subject to much more lenient agricultural tax instead. Such farmer is obligated to pay agricultural social and health insurance contributions subsidized by the state, instead of paying much higher regular social and health insurance contributions. A farmer may also produce certain amount of liquid biofuels for own use, after registering in a dedicated Register of Farmers Producing Biofuels for Their Own Use, and in the Central Register of Excise Entities as a (token amount) excise taxpayer, but without the obligation to register as VAT taxpayer. Certain other types of individual farmer's economic activities performed on a limited scale (agri-tourism, direct-to-consumer sales of own products at the farm or at marketplaces, winemaking out of own crops) may also be performed without registering as an entrepreneur, unless he/she decides otherwise, and unless such income does not exceed certain limits; such farmer may also retain the right to participate in the preferentiaL agricultural social insurance system if he has been covered by it for at least three years preceding initiation of an additional activity and intends to continue proper agricultural production; however, land and buildings used for such additional activities are subject to standard real estate tax, instead of agricultural tax;
    • in case of agri-tourism or direct-to-consumer sales of own products at the farm or at marketplaces, the farmer may remain exempt from income tax and may choose whether or not to become a VAT taxpayer; in the case of agri-tourism, a limit of five rooms is also applicable;
    • in the case of winemaking, the production is subject to income tax, VAT and excise (albeit at preferential rates); an annual production volume quota of 10000 liters is also applicable);

Juridical persons and other collective legal entities

Certain types of juridical persons or other collective legal entities which have been established otherwise than by registration in the KRS, may in few situations be authorized by law to perform business activity (sometimes of a limited scope and/or scale, along with their main, often non-commercial or not-for-profit activity), despite remaining excluded and exempt from the obligation to register in the KRS, but are still obligated to obtain NIP and REGON numbers by registering in the relevant registers, and are usually still subject to the general taxation rules (including VAT); examples of such situations include:

  • Skarb Pa?stwa (the State Treasury) - the juridical person impersonating the state and its government apparatus (with some exceptions enumerated below), established by the Civil Code
  • spó?ka wodna (a water partnership) - a not-for-profit water law partnership and a juridical person, incorporated to provide water services to its shareholders, usually in a rural or suburban setting, registered by the local starosta, while a union of such partnerships is registered by the voivode;
  • zwi?zek wa?owy (a levee union) - a similar not-for-profit partnership and a juridical person, incorporated to construct and manage a levee, registered by the local starosta, while a union of such entities is registered by the voivode;
  • ko?o ?owieckie (a hunting club) - according to the Act on Hunting Law, it acquires juridical personality through registration by the respective district board of the Polski Zwi?zek ?owiecki (Polish Hunting Association, a quango, actually a modified, highly regulated union of associations, itself also exempt from registration in the KRS) and is legally allowed to perform business activities related to its statutory tasks;
  • ko?o gospody? wiejskich (a rural women's association) and their unions - in accord with a dedicated act, they acquire juridical personality by registering in the National Register of the Rural Women's Associations maintained by the Agency for Modernisation and Restructuring of Agriculture
  • uczelnia (a public od private higher education institution) - may perform business activity organized as a separate part of its own juridical personality (or as a separate juridical person e.g. a limited liability partnership or a joint-stock partnership). According to the Act on Law on Higher Education and Science, a private institution may only be founded by a natural person or by a juridical person (other than a state or a self-governmental juridical person); it comes into existence through registration by the Minister of Science and Higher Education and acquires its own juridical personality which is distinct from the founding entity's one; however, a slightly different procedure concerns the private ecclesiastical institutions which acquire juridical personality in the same way as other juridical persons created by a church or a confession union (see below) but require the Ministry's approval to award state-recognised diplomas. On the other hand, a public institution is established through an act of Parliament or by a regulation of the Minister of Science and Higher Education, and therefore, its existence as a legal person does not depend on registration anywhere;
  • osoby prawne i jednostki organizacyjne nieposiadaj?ce osobowo?ci prawnej utworzone przez ko?ció? lub wspólnot? wyznaniow? (legal entities or juridical persons which have been created by a church or a confession union recognized by the state); with the exceptions of religious foundations, as well as religious associations of lay people, both subject to standard KRS registration under general rules, albeit with some oversight authority awarded to a church or a confession union; - they are established and (in the case of juridical persons) acquire juridical personality through a regulation of the minister competent for religious confessions, or (in the case of territorial or personal institutions of the Catholic Church in Poland) by notifying the Polish government by the relevant church authority, that an ecclesiastical juridical person (such as a parish or a diocese) or other legal entity has been established in accord with the canon law; such entities may be allowed to perform business activities by their bylaws but are registered by the Ministry of Interior and Administration in the detailed part of the Register of Churches and Other Religious Associations;
  • instytut naukowy Polskiej Akademii Nauk (a research institute of the Polish Academy of Sciences) - created as a juridical person by registration in the dedicated register maintained by the Academy (itself also a juridical person and a quango - a regulated body combining features of a learned society with a statutory membership cap, a regulatory college and a corporation, itself also exempt from registration in the KRS),
  • partia polityczna (a political party) - it is created and becomes a juridical person through registration on the List of Political Parties. The list is not a part of the KRS and it is maintained by the District Court in Warsaw. Political parties in Poland are generally banned from performing economic activities; they may, however, perform certain minor activities, such as minor office services, selling promotional items with party logo, selling publications concerning its manifesto, its political agenda, its bylaws and its activities.
  • fundusz emerytalny (a pension fund) - either otwarty fundusz emerytalny (open pension fund), pracowniczy fundusz emerytalny (employees' pension fund) or dobrowolny fundusz emerytalny (voluntary pension fund) - it is created on permission of the Polish Financial Supervision Authority and becomes a juridical person through registration in the Register of Pension Funds. The register is not a part of the KRS and it is maintained by the District Court in Warsaw.
  • fundusz inwestycyjny (an investment fund) - either fundusz inwestycyjny otwarty (open investment fund), specjalistyczny fundusz inwestycyjny otwarty (specialist open investment fund), or fundusz inwestycyjny zamkni?ty (closed investment fund); it is created on permission of the Polish Financial Supervision Authority and becomes a juridical person through registration in the Register of Investment Funds. The register is not a part of the KRS and it is maintained by the District Court in Warsaw.
  • jednostka doradztwa rolniczego (a farm advice unit) - a state juridical person established by the act on farm advice units
  • wojewódzki o?rodek ruchu drogowego (a voivodeship centre for road traffic) - a juridical person subortinate to the self-government of a voivodeship, responsible for conducting tests for driving licenses in all categories, tests for special traffic qualifications, as well as for traffic safety education and promotion; they are legally permitted to conduct not-for-profit economic activity;
  • park narodowy (a national park) -- a state juridical person established by a regulation of the Council of Ministers, authorized by law to perform economic activity, unless it contravenes the Act on the Conservation of Nature,
  • wspólnota mieszkaniowa (a homeowner community) - a legal entity lacking juridical personality or a dedicated register, established ipso iure without any registration procedures in buildings or building complexes with three or more owner-occupancies, required either to elect a managing board, or to select and contract a professional real-estate manager, as well as to obtain NIP and REGON and to maintain simplified accounting documentation and a bank account; also subject to company income tax, in contrast to the real estate tax which is paid directly by its members; may perform activities outside the scope of its obligatory core responsibilities, including activities related to lending out parts of common areas of the real estate, or parts of advertising-suitable surfaces such as siding or fencing, becoming in such situations a VAT taxpayer.
  • publiczna jednostka systemu o?wiaty (a public school or educational institution other than a higher education institution) - a legal entity lacking juridical personality, established and registered by an organ of the government or a territorial self-government unit
  • stowarzyszenie zwyk?e (a common/simple/ordinary association) - registered by the local starosta, a legal entity lacking juridical personality, less formalized compared to a registered association (which is a juridical person registered in the KRS)
  • uczniowski klub sportowy (a schoolchildren's sport club) and inny ni? uczniowski klub sportowy dzia?aj?cy w formie stowarzyszenia, którego statut nie przewiduje prowadzenia dzia?alno?ci gospodarczej (sport club other than a schoolchildren's sport club which operates as an association whose bylaws do not foresee economic activity) - both are technically associations registered by a local starosta instead of the KRS, but nevertheless acquire as an exception juridical personality, though are not authorized to undertake economic activity
  • samorz?d zawodu zaufania publicznego (a regulatory college), professional self-government institution, usually a juridical person (either as a whole or separately as a national body and territorial bodies, depending on profession), established by an act;
  • pa?stwowa lub samorz?dowa instytucja kultury (a state or a (territorial) self-governmental cultural institution) - a juridical person such as a museum, a theatre, a musical theatre, a ballet, an opera house, a philharmonica, a cameral or a symphony orchestra, a folk song and dance ensemble, an art gallery or a public library (created and registered by a minister or a territorial self-government unit) - even though the main (cultural/artistic) activity of a public cultural institution is not legally regarded as business activity, an institution may be allowed to perform additional business activity, if its bylaws state so;
  • jednostka samorz?du terytorialnego: gmina, powiat, województwo (a territorial self-government unit: municipality=gmina, county=powiat), province=voivodeship) - a juridical person established by a regulation or (in the case of voivodeship) by an act of Parliament;
  • zwi?zek mi?dzygminny, mi?dzypowiatowy lub powiatowo-gminny (an inter-municipal, inter-county, or cross-category municipal-county union) - juridical person registered by the Minister of the Interior, incorporated to carry out specific services on behalf of member municipalities and/or counties);
  • bank pa?stwowy (a state bank) - established as a juridical person by a regulation of the Council of Ministers (in the interwar period, by the President of the Republic; dominant type of banks during the times of communism; nowadays, this status is restricted to national development banks; only one exists as of 1 December 2020; the Bank Gospodarstwa Krajowego;
  • Narodowy Bank Polski (National Bank of Poland) (established by the Constitution of Poland, granted juridical personality by the Act governing it)
  • selected other state juridical persons e.g. civilian technical inspection units (Office of Technical Inspection, Transportation Technical Supervision), Polish Waters National Water Management Holding; Polish Air Navigation Agency, National Health Fund, Social Insurance Institution, State Fund for Rehabilitation of Disabled Persons, National Fund of Environment Protection and voivodeship funds for environment protection, Polish Film Institute.
  • selected state (or self-governmental) legal entities other than legal persons: public schools and education institutions (other than higher education institutions), State Forests National Forest Holding, Agricultural Social Insurance Fund, statistical offices and the Central Statistical Office, units of various uniformed services, state inspections and their laboratories - operating on behalf of the State Treasury;

Some of the abovementioned types may be subject to registration in the KRS exclusively for the purpose of official recognition as a charity (public benefit organization).


  • Cooperativa ? cooperative: The name of the entity should include the expression "Cooperativa" or "União de Cooperativas" or "Federação de Cooperativas" or "Confederação de Cooperativas" [11]
    • CRL (Cooperativa de Responsabilidade Limitada): limited liability cooperative
  • S.A. (Sociedade Anónima) plc (UK), and these are further classified as:
    • S.A., Sociedade Aberta publicly traded corporation (literally "open company").
    • S.F., Sociedade Fechada privately held (closely held) corporation (literally "closed company")
  • Lda. (Limitada) Ltd. (UK), and these might be:
    • Unipessoal Lda.: single member company (literally: "Unipersonal Ltd.")
  • SGPS (Sociedade Gestora de Participações Sociais): holding company (literally "shareholding management company")
  • SUA (Sociedade Unipessoal Anónima) Sole Proprietorship
  • Self-managed collective investment companies [68]
    • SGOIC (Sociedades Gestoras de Organismos de Investimento Coletivo) = Self-managed collective investment management companies
    • SIC (Sociedades de Investimento Coletivo) = self-managed collective investment companies


Societi comerciale, abbreviated SC (Companies):

  1. Societi de persoane (Unincorporated companies, also called Partnerships)
    • Societatea în nume colectiv, abbreviated SNC (General Partnership, abbreviated GP)
    • Societatea în comandit? simpl?, abbreviated SCS (Limited Partnership, abbreviated LP)
  2. Societi de capitaluri (Incorporated companies, also called Corporations)
    • Societatea în comandit? pe ac?iuni, abbreviated SCA (Company Limited by Shares)
    • Societatea pe ac?iuni, abbreviated SA (Joint-Stock Company)
  3. Societi hibride (Hybrid companies)
    • Societate cu r?spundere limitat?, abbreviated SRL (Limited Liability Company)
    • Societatea cu r?spundere limitat? cu proprietar unic, abbreviated SRL cu proprietar unic
  1. S.A. (Societate pe Ac?iuni) plc (UK)
  2. S.C.A. (societate în comandit? pe ac?iuni): limited partnership with shares
  3. S.C.S. (societate în comandit? simpl?) limited partnership
  4. S.N.C. (societate în nume colectiv) general partnership
  5. S.R.L. (societate cu r?spundere limitat?) Ltd. (UK)
  6. PFA (persoana fizica autorizata) self-employed (UK) Sole Proprietorship (US)
  7. O.N.G. (Organiza?ie Non-Guvernamental?) Non-state pension fund (literally: Non-Governmental Organization)

limited liability company "societate cu raspundere limitata" (SRL); joint stock company "societate pe actiuni" (SA);


  • NKO/, (Nekommercheskaya organizatsiya / ): non-profit organization. There are many types of non-profits in Russia; the type depends on the ownership of the assets (NGO Pension Fund, for instance)[clarify]
  • GP/, GUP/ (Gosudarstvennoye (unitarnoye) predpriyatiye / () ): state (unitary) enterprise
  • IP/ (Individualny predprinimatel' / ): sole proprietorship
  • OOO/ (Obschestvo s ogranichennoy otvetstvennostyu / ? ?): limited liability company (US)
  • PAO/ (Publichnoye aktsionernoye obschestvo / ): plc (UK), publicly traded shares (similar to a corporation in the US)
  • Kooperativ/?: cooperative (many types, which differ by the type of activity, e.g. agricultural or production)
  • /AO (Aktsionernoye obschestvo / ): private limited company (ltd) (UK), privately held shares (similar to a close corporation, or closely held corporation, in the US) (maximum fifty "owners of capital" (not shareholders); if there are more than fifty "owners of capital", they have a year to transform into a PAO)
  • Prostoye tovarishestvo / ? (general partnership) and Kommanditnoe tovarishestvo / (limited partnership). These types of business entities are not popular (approximately 0.5% of the total number of business entities in Russia[]).
  • Hozyaystvennoye partnyorstvo / ? (business partnership).
  • ZAO/ (Zakrytoye aktsionernoye obshchestvo / ): Private joint-stock company
  • OAO (Otkrytoye aktsionernoye obshchestvo/ ): Public joint-stock company

Saudi Arabia

  • Private Limited Company ( ? ? )
  • Joint-Stock company ( ? )
  • General Partnership Company ( ? )
  • Limited Partnership (? ? ? )
  • Foreign Company ( ? )
  • Individual Establishment ( )



Private Limited Company, Sole Proprietorship and Partnership are the predominant types of business found in Singapore.[69]

  • LLP (limited liability partnership): owners have the flexibility of operating as a partnership while enjoying limited liability.[] An LLP can sue and be sued, acquire and hold property, and have a common seal.
  • Pte Ltd/Sdn Bhd (private limited company/Sendirian Berhad) Ltd. (UK). Maximum 50 shareholders. There also exist "exempt private companies", being either owned by no more than 20 non-corporate shareholders, or wholly state-owned and designated by the finance minister as exempt.
  • Ltd/Bhd (public limited company/Berhad) plc (UK). There also exist public companies limited by guarantee, which conduct non-profit activities; the finance minister may approve the registration of such companies without the addition of the word "Limited" or "Berhad" to the name.
  • Singapore subsidiary company is a popular term used for a form of Singapore business entity. A subsidiary company can have different structures but is essentially a Private Limited Company and so is a separate legal entity. Characteristics of a Singapore subsidiary company include: i) 100% foreign ownership is allowed, ii) the company enjoys low tax incentives as per a resident company, iii) repatriation of profits is allowed and iv) the minimum paid up capital required is S$1. v) As a legal person, a subsidiary company can sue and be sued by others.[]
  • Other forms including Pte exist



  • d.d. (Delni?ka dru?ba) plc (UK)
  • d.o.o. (Dru?ba z omejeno odgovornostjo) Ltd. (UK)
  • d.n.o. (Dru?ba z neomejeno odgovornostjo) Unlimited company (UK)
  • k.d. (Komanditna dru?ba) LP (UK)
  • s.p. (Samostojni podjetnik) Sole proprietorship (UK)

South Africa

  • Sole proprietorship/Alleeneienaar
  • Business trust/Trust
  • Partnership/Vennootskap
  • Companies/Maatskappye
    • Company limited by guarantee
      • Incorporated association not for gain/vereniging sonder winsoogmerk (section 21 company/artikel 21-maatskappy) nonprofit association.
    • Companies having a share capital
      • Private company/privaat maatskappy private limited company (UK), limited liability company (US); has 1 or more shareholders, one or more directors. The name must end "(Pty) Ltd"; registration number ends /07. Registration number and directors' names must appear on all correspondence.
        • Section 53(b) company (unlimited liability company) professional limited liability company (PLLC) (US)
      • Public company/publieke maatskappy (Ltd.) public limited company (UK), corporation (US); has at least 7 shareholders (unless it is a wholly owned subsidiary of another company) and at least two directors. The company's name must end in "LTD"; its registration number ends in /06.
  • CC/BK (Close corporation/beslote korporasie): Has 1-10 non-corporate members. The name must end "CC" or "BK"; registration number ends /23. Registration number and members' names must appear on all correspondence. On 1 May 2011 the new Companies Act (Act 71 of 2008) came into force and disallows any new incorporations under this form.[70]


  • S.A. (Sociedad Anónima) plc (UK), minimum capital EUR60,101.21
  • S.L. (Sociedad Limitada) Ltd. (UK), minimum capital EUR3,012
  • S.L.N.E. (Sociedad Limitada Nueva Empresa): similar to S.L., it was introduced in 2003 to speed up new company registration (registration can be completed in one day), minimum capital EUR3,012
  • S.A.D. (Sociedad Anónima Deportiva): a limited liability sports corporation
  • S.L.L. (Sociedad Limitada Laboral): a labour limited corporation
  • S.C. (Sociedad Colectiva): roughly a general partnership
  • S.C.P. (Sociedad Civil Privada): ¿?
  • S.Cra. (Sociedad Comanditaria): roughly a limited partnership
    • S.Com. p. A. (Sociedad Comanditaria por Acciones)
    • S.Com p.A.P. (Sociedad Comanditaria por Acciones Profesional)
  • S.Coop. (Sociedad Cooperativa): a cooperative that typically is owned and democratically controlled by its workers
    • Other initialisations are used for cooperatives; Sociedad Anónima Laboral (SAL);[71] some are region specific e.g. Sociedad Cooperativa Catalana Limitada (SCCL)[72]
  • UTE (Unión Temporal de Empresas [es]) ? temporary consortium or joint venture
  • Venture capital fund:[73]
    • SCR (Sociedades de Capital Riesgo)
    • FCR (Fondos de Capital Riesgo), FCR-Pyme for SME
    • SICC (Sociedades de inversión colectiva de tipo cerrado)
    • FICC (Fondos de inversión colectiva de tipo cerrado)
    • SGEIC (Sociedades Gestoras de Entidades de Inversión Colectiva de tipo cerrado)


  • AB (Aktiebolag) Ltd. (UK). Minimum capital SEK 25,000.
  • AB (publ) (Publikt aktiebolag) plc (UK). Minimum capital SEK 500,000.
  • Ek. för. (Ekonomisk förening): economic association (minimum three members)
    • Bostadsrättsförening: home-owners' association
    • Hyresrättsförening: home-renters' association
    • Kooperativ: cooperative
  • Enskild firma: sole proprietorship
  • HB (Handelsbolag) general partnership
  • KB (Kommanditbolag) limited partnership
  • Enkelt bolag: Regulated partnership between two parts (Companies or private persons)
  • Ideell förening: non-profit organization
  • Stiftelse: Foundation has capital or property but no members or owners (shareholders)
  • Filial


AG (Aktiengesellschaft) SA (Société anonyme) SA (Società anonima) ? plc (UK) or Inc. (US). Min. share capital CHF 100,000. Bearer or registered shares, of a par value of min. CHF 0.01 each. Details of shareholders generally not publicly available (except for main shareholders and management shares of publicly listed companies).
GmbH (Gesellschaft mit beschränkter Haftung) Sàrl (Société à responsabilité limitée) Sagl (Società a garanzia limitata) ? Ltd. (UK), LLC (US). Min. capital CHF 20,000. Registered shares only, of a par value of min. CHF 100 each. Name, address and share of each owner (and any changes) publicly recorded in the Official Register of Commerce.<https://web.archive.org/web/20110706221252/http://www.zefix.admin.ch/%3E
  • Stiftung / fondation / fondazione:? foundation
  • investment fund (Anlagefonds / fonds de placement / fondo di investimento)
    • Investmentgesellschaft mit festem Kapital / SICAF (société d'investissement à capital fixe) / SICAF (società di investimento a capitale fisso):? investment trust (UK), closed-end company (US)
    • Investmentgesellschaft mit variablem Kapital / SICAV (société d'investissement à capital variable) / SICAV (società di investimento a capitale variabile):? OEIC (open-ended investment company) (UK), open-end company (US)
  • Verein / association / associazione:? non-profit association
  • wIG (wirtschaftliche Interessengemeinschaft) / GIE (groupement d'intérêt économique) / gruppo di interesse economico:? EIG (economic interest grouping)
  • Einzelunternehmen / RI (raison individuelle) / ditta individuale:? sole trader (UK), sole proprietorship (US)
  • Gesellschaft "business entities"
    • partnerships (Rechsgemeinschaft / société de personnes / società di persone)
      • eG (einfache Gesellschaft) / société simple / società semplice:? partnership by contract
      • KolG (Kollektivgesellschaft) / SNC (société en nom collectif) / società in nome collettivo:? GP
      • KG (Kommanditgesellschaft) / SC (société en commandite) / società in accomandita:? LP
    • trading companies (Körperschaft / société de capitaux / società di capitale)
      • KomAG (Kommanditaktiengesellschaft) / SCA (société en commandite par actions) / società in accomandita per azioni:? publicly traded partnership (PTP)
      • GmbH (Gesellschaft mit beschränkter Haftung) / Sàrl (société à responsabilité limitée) / Sagl (società a garanzia limitata):? Ltd. (UK), LLC (US)
      • AG (Aktiengesellschaft) / SA (société anonyme) / SA (società anonima):? plc (UK), Corp. (US/Can)
  • Genossenschaft / Scoop (société coopérative) / società cooperativa:? co-operative
  • Zweigniederlassung / succursale / succursale:? branch (of a company)


  • ? (Unlimited Company)
  • ? (Limited Company, y?uxiàn g?ngs?[74])
  • ? (Limited Partnership)
  • (Public Limited Company or Corporation, g?fèn y?uxiàn g?ngs?[74])


  • ?, name format corporation name (): plc (UK). Minimum 15 shareholders.
  • ? (name format corporation name ): Ltd. (UK). At least three shareholders.
  • (name format corporation name ): limited partnership There are two kinds of partnership: Limited partnership which has limited liability of the partnership, and unlimited partner which has unlimited liability to the third party for the partner. The unlimited partnership has the right to control the partnership. On the other hand, the limited partnership has no right to make decision in the partnership.
  • (name format corporation name): general partnership


According to Code of Obligations (fifth book of Civil Code) (Act No: 6098):

According to the Commercial Code (Act No: 6102):

?ah?s ?irketleri ? Partnerships (Unlike the partnerships in Anglo-American law, they also have legal personality like companies)

  • Koll. ?ti. (Kolektif ?irket) Collective partnership
  • Kom. ?ti (Komandit ?irket) ? Commandite partnership Can be established as simple commandite partnership or as commandite company divided into shares (Sermayesi paylara bölünmü? komandit ?irket).

Sermaye ?irketleri ? Companies

  • A.?. / A.O. (Anonim ?irket / Anonim Ortakl?k) Joint stock company Minimum capital is TRY 50,000. Bearer or registered shares, of a minimum par value of TRY 0.01 each. Only type of company that can be publicly traded in Turkish Law.
  • Ltd. ?ti. / L.?. / L.O. (Limited ?irket / Limited Ortakl?k) ? Limited company Minimum capital is TRY 10,000. Registered shares only, of a minimum par value of TRY 25 each.

According to the Capital Markets Act (Act No: 6362):

  • HAAO (Halka Aç?k Anonim Ortakl?k) ? Publicly held corporation This essentially is a special type of A.O. These type of companies can only be established as A.O.'s. When there are no specific rules under Capital Markets legislation, A.O. rules under Turkish Commercial Code will be applied to HAAO's.

According to the Cooperatives Act (Act No: 1136):

Other entitites:


  • ? (Entreprise individuelle)
  • ?.?.?.(Société à responsabilité limitée- SARL)
  • (Société unipersonnelle à responsabilité limitée SUARL)
  • ? ? (Société anonyme - SA)
  • ?


  • DAT/ ( ? ? / Derzhavne aktsionerne tovarystvo) plc (UK), national
  • FOP/ (? / Fizychna osoba pidpryyemets): sole proprietorship
  • KT/ (? ? / Komandytne tovarystvo) limited partnership
  • PT/?T ( ? / Povne tovarystvo) general partnership
  • TDV/ (? ? ? ? / Tovarystvo z dodatkvoiu vidpovidalnistiu): "additional liability company"
  • TOV/TOB (? ? ? / Tovarystvo z obmezhenoiu vidpovidalnistiu) Ltd. (UK). Minimum capital = 1 minimum wage (UAH 960 as of 29.05.2011[]).
  • PP/ ( / Pryvatne pidpryyemstvo) Ltd. (UK). No minimum capital.
  • VAT/( ?i i ? / Vidkryte aktsionerne tovarystvo) or PAT/ ( ? ? / Publichne aktsionerne tovarystvo) since 29.04.2009 plc (UK), public. Minimum capital UAH 630,000.
  • ZAT/ (? i ? / Zakryte Aktsionerne Tovarystvo)or PrAT/? ( ? ? / Prytvatne aktsionerne tovarystvo) since 29.04.2009 plc (UK), private.
  • AT/ (? ? / Aktsionerne tovarystvo) JSC.

Company formation is regulated by the Ukrainian Civil Code and Commercial Code, Law of Commercial companies, Law of stock companies, law and order.[]

United Kingdom

United States

In the United States, most businesses are incorporated under the law of a particular state. The federal government does not generally incorporate entities, with a few narrow exceptions.

Tax classifications

For federal tax purposes, the Internal Revenue Service has separate entity classification rules. Under the tax rules, an entity may be classified as a corporation, a partnership, a cooperative or a disregarded entity. A corporation is taxed as a C corporation unless it elects and meets the requirements to be taxed as a Subchapter S corporation. A disregarded entity has one owner (or a married couple as owner) that is not recognized for tax purposes as an entity separate from its owner. Types of disregarded entities include single-member LLCs; qualified sub-chapter S subsidiaries and qualified real estate investment trust subsidiaries. A disregarded entity's transparent tax status does not affect its status under state law. For example, for federal tax purposes, a sole-member LLC (SMLLC) is disregarded, so that all its assets and liabilities are treated as owned by its single member. But under state law, an SMLLC can contract in its own name and its owner is generally not personally liable for the debts and obligations of the entity.[77] To be recognized as a Cooperative for tax purposes Cooperatives must follow certain rules under Sub Chapter T of the Internal Revenue Code.[78]

Federally incorporated

Of the few types of companies that may exist under a federally issued charter, the bulk are banks, credit unions, and similar depository institutions. Such institutions are distinguished from state-chartered banks by including a key word in their formal names. For a bank, the key word is "national". A bank chartered by the Office of the Comptroller of the Currency (OCC) must have the word "national" in its name. A bank chartered by a state cannot have "national" in its name.

For a savings bank (formerly called a savings and loan association) or credit union, the key word is "federal", and the same rules apply; a federally chartered savings bank or credit union must have the word "federal" in its name, while a state chartered savings bank or credit union cannot have "federal" in its name.

Many federal governmental units are specially formed public corporations, while some private organizations have received a charter from Congress.

State, territory or commonwealth unincorporated

The following are the main business structures that can be created without licensure by the government:

  • Sole proprietorship: a business consisting of a single owner (which may in turn be a business entity), not in a separately recognized business form.
  • Trust


  • General partnership: a partnership in which all the partners are jointly and separately liable for the debts of the partnership. In most U.S. states, it can be created by agreement without requiring a public filing. The partners may themselves be legal entities or individuals.

State, territory or commonwealth incorporated


  • LP (Limited partnership): a partnership where at least one partner (the general partner, which may itself be an entity or an individual) has unlimited liability for the LP's debts and one or more partners (the limited partners) have limited liability (which means that they are not responsible for the LP's debts beyond the amount they agreed to invest). Limited partners generally do not participate in the management of the entity or its business.
  • LLP (Limited Liability Partnership): a partnership where a partner's liability for the debts of the partnership is limited except in the case of liability for acts of professional negligence or malpractice. In some states, LLPs may only be formed for purposes of practicing a licensed profession, typically attorneys, accountants and architects. This is often the only form of limited partnership allowed for law firms (as opposed to general partnerships).
  • LLLP (Limited Liability Limited Partnership): a combination of LP and LLP, available in some states.

Limited Liability Companies

  • LLC, LC, Ltd. Co., (Limited Liability Company): a form of business whose owners enjoy limited liability, but which is not a corporation. Allowable abbreviations vary by state. Note that in some states Ltd. by itself is not a valid abbreviation for an LLC, because in some states (e.g. Texas), it may denote a corporation instead. See also Series LLC. For U.S. federal tax purposes, in general, an LLC with two or more members is treated as a partnership, and an LLC with one member is treated as a sole proprietorship.
  • PLLC (Professional Limited Liability Company): some states do not allow certain professionals to form an LLC that would limit the liability that results from the services professionals provide such as doctors, medical care; lawyers, legal advice; and accountants, accounting services; architects, architectural services; when the company formed offers the services of the professionals. Instead those states allow a PLLC or in the LLC statutes, the liability limitation only applies to the business side, such as creditors of the company, as opposed to the client/customer service side, the level of medical care, legal services, or accounting provided to clients. This is meant to maintain the higher ethical standards that these professionals have committed themselves to by becoming licensed in their profession and to prevent them from being immune (or at least limit their immunity) to malpractice suits.


  • Corp., (Corporation), Inc., (Incorporated): used to denote corporations (public or otherwise). These are the only terms universally accepted by all 51 corporation chartering jurisdictions in the United States. However, in some states other suffixes may be used to identify a corporation, such as Ltd., Co./Company, or the Italian term S.p.A. (in Connecticut; see under Italy). Some states that allow the use of "Company" prohibit the use of "and Company", "and Co.", "& Company" or "& Co.". In most states sole proprietorships and partnerships may register a fictitious "doing business as" name with the word "Company" in it. For a full list of allowed designations by state, see the table below.
  • PBC, (Public Benefit Corporation): used to denote a for-profit corporation that includes positive impact on society, workers, the community, and the environment in addition to profit as its legally defined goals, in that the definition of "best interest of the corporation" is specified to include those impacts. Some states require the corporation to have "Public Benefit Corporation" or "PBC" in its name (or a similar designation), while others allow any prefix allowed by a corporation (such as Corp. or Inc.), but require that shareholders, investors, and other parties be informed that the company is a public benefit corporation.
  • Professional corporation, (PC or P.C.): those corporate entities for which many corporation statutes make special provision, regulating the use of the corporate form by licensed professionals such as attorneys, architects, accountants, and doctors.
  • Doing Business As: denotes a business name used by a person or entity that is different from the person's or entity's true name. DBAs are not separate entities and do not shield the person or entity who uses the DBA as a business name from liability for debts or lawsuits. Filing requirements vary and are not permitted for some types of businesses or professional practices.

Required designations for corporations, by U.S. state, territory or commonwealth:

State, territory or commonwealth Required in corporation name Authority
Alabama "corporation", or "incorporated", or an abbreviation of one of such words, or if a banking corporation the words "bank", "banking", or "bankers" § 10-2B-4.01(a)(1) Code of Alabama 1975
Alaska "corporation", "company", "incorporated", or "limited", or an abbreviation of one of these words; may not contain the word "city", "borough", or "village" or otherwise imply that the corporation is a municipality. § 10.06.105 (a) and (b), Alaska Corporations Code
Arizona "association", "bank", "company", "corporation", "limited" or "incorporated" or an abbreviation of one of these words or the equivalent in a foreign language. Corporation may not use "bank", "deposit", "credit union", "trust" or "trust company" unless it also has a license to operate one. May not use "limited liability company" or "limited company" or the abbreviations "L.L.C.", "L.C.", "LLC", or "LC" § 10-401 Arizona Revised Statutes
Arkansas "Corporation", "Company", or "Incorporated", "Limited" or shall contain an abbreviation of one of those words; but the name may not end with the word "Company" nor the abbreviation "Co." if the final word or abbreviation is immediately preceded by "and" or any symbol for "and" § 4-26-401 (1), Arkansas Code
California "corporation", "incorporated" or "limited" or an abbreviation of one of such words is required and for a statutory close corporations for corporate provisions to apply. May not contain "bank", "trust", "trustee" or "credit union" unless approved by the Commissioner of Financial Institutions. § 202(a), California Corporations Code
Colorado "corporation", "incorporated", "company", "limited", "corp.", "inc.", "co." or "ltd"; If the corporation is a professional corporation, it must contain the term or abbreviation "professional corporation", "p.c.", or "pc". § 7-90-601, Colorado Revised Statutes
Connecticut "corporation", "incorporated", "company", "Societa per Azioni" or "limited", or the abbreviation "corp.", "inc.", "co.", "S.p.A." or "ltd." § 33-655 General Statutes of Connecticut
Delaware "association", "company", "corporation", "club", "foundation", "fund", "incorporated", "institute", "society", "union", "syndicate", or "limited", (or abbreviations thereof, with or without punctuation), or words (or abbreviations thereof, with or without punctuation) of like import of foreign countries or jurisdictions (provided they are written in Roman characters or letters) Title 8, § 102, Delaware Code
District of Columbia "corporation", "company", "incorporated", or "limited", or shall contain an abbreviation of 1 of such words § 29-101.08 District of Columbia Official Code
Florida "corporation", "company", or "incorporated" or the abbreviation "Corp.", "Inc.", or "Co.", or the designation "Corp", "Inc", or "Co" § 607.0401 Florida Statutes
Georgia 'corporation,' 'incorporated,' 'company,' or 'limited,' or the abbreviation 'corp.,' 'inc.,' 'co.,' or 'ltd.,' or words or abbreviations of like import in another language; must not be longer than 80 characters O.C.G.A. § 14-2-401
Guam "corporation", "incorporated", "company", or "limited", or the abbreviation "corp.", "inc.", "co.", or "ltd.", or words or abbreviations of like import in another language; if the word "company" or its abbreviation is used, it shall not be immediately preceded by the word "and" or an abbreviation or symbol representing the word "and." Title 18, § 2110, Guam Code Annotated
Hawaii "corporation", "incorporated", or "limited", or the abbreviation "corp.", "inc.", or "ltd." § 414-51 Hawaii Revised Statutes
Idaho "corporation", "incorporated", "company", "limited", or the abbreviation "corp.", "inc.", "co.", or "ltd.", or words or abbreviations of like import in another language; provided however, that if the word "company" or its abbreviation is used it shall not be immediately preceded by the word "and" or by an abbreviation of or symbol representing the word "and" § 30-1-401 Idaho Statutes
Illinois "corporation", "company", "incorporated", or "limited", or an abbreviation of one of such words 805 ILCS 5/4.05 Illinois Compiled Statutes
Indiana "corporation", "incorporated", "company", or "limited", or the abbreviation "corp.", "inc.", "co.", or "ltd.", or words or abbreviations of like import in another language § 23-1-23-1 Indiana Code
Iowa "corporation", "incorporated", "company", or "limited", or the abbreviation "corp.", "inc.", "co.", or "ltd.", or words or abbreviations of like import in another language § 490.401 Iowa Acts
Kansas (except for banks) "association", "church", "college", "company", "corporation", "club", "foundation", "fund", "incorporated", "institute", "society", "union", "university", "syndicate" or "limited", or one of the abbreviations "co.", "corp.", "inc.", "ltd.", or words or abbreviations of like import in other languages if they are written in Roman characters or letters § 17-6002 Kansas Statutes
Kentucky "corporation", "incorporated" or the abbreviation "Inc.", or the word "company" or the abbreviation "Co."; but if the word "company" or the abbreviation "Co." is used, it may not be immediately preceded by the word "and" or the abbreviation "&." § 273.177 Kentucky Revised Statutes
Louisiana (except for railroad, telegraph and telephone corporations) "Corporation", "Incorporated" or "Limited", or the abbreviation of any of those words, or may contain instead the word "Company" or the abbreviation "Co." if the latter word or abbreviation is not immediately preceded by the word "and" or the symbol "&". No corporate name shall contain the phrase "doing business as" or the abbreviation "d/b/a". Only a bank or bank holding company is allowed to use any of "bank", "banker", "banking", "savings", "safe deposit", "trust", "trustee", "building and loan", "homestead", "credit union", "insurance", "casualty", "redevelopment corporation", or "electric cooperative". § 12:23 Louisiana Revised Statutes
Maine words or abbreviations of words that describe the nature of the entity, including "professional association", "corporation", "company", "incorporated", "chartered", "limited", "limited partnership", "limited liability company", "professional limited liability company", "limited liability partnership", "registered limited liability partnership", "service corporation" or "professional corporation"; beginning July 1, 2007, may also include "limited liability limited partnership" for business corporations: Title 13-C § 401 Maine Revised Statutes; for non-profit corporations: Title 13-B § 301-A Maine Revised Statutes
Maryland For Corporations: "Company", if it is not preceded by the word "and" or a symbol for the word "and"; "Corporation", "Incorporated" or "Limited" or abbreviations; for Limited liability companies: "limited liability company", "L.L.C.", "LLC", "L.C.", or "LC"; for Limited liability partnerships: "limited liability partnership", "L.L.P." or "LLP"; for Limited partnerships: "limited partnership", "L.P.", or "LP"; for Limited liability limited partnerships: "limited liability limited partnership", "L.L.L.P.", or "LLLP"; for Professional corporations: "chartered", "chtd.", "professional association", "P.A.", "professional corporation", or "P.C." Maryland Code - Corporations and Associations § 1-502
Massachusetts any name which, in the judgment of the secretary, indicates that it is a corporation General Laws Of Massachusetts - Chapter 155: Section 9
Michigan "corporation", "company", "incorporated", or "limited" or shall contain 1 of the following abbreviations, corp., co., inc., or ltd. Act 284 of 1972 Section 450.1211 Michigan Business Corporation Act
Minnesota nonprofit corporations are not required to use any of these words; for business corporations, they must use "corporation", "incorporated", or "limited", or shall contain an abbreviation of one or more of these words, or the word "company" or the abbreviation "Co." if that word or abbreviation is not immediately preceded by the word "and" or the character "&" Chapter 302A, Section 302A.115 Minnesota Statutes (for Business Corporations); Chapter 317A, Section 317A.115 Minnesota Statutes (for non-profit corporations)
Mississippi "corporation", "incorporated", "company" or "limited", or the abbreviation "corp.", "inc.", "co." or "ltd." or words or abbreviations of like import in another language § 79-4-4.01 Mississippi code
Missouri "corporation", "company", "incorporated", or "limited", or shall end with an abbreviation of one of said words

Chapter 351 Section 351.110 Missouri Revised Statutes

Montana "corporation", "incorporated", "company", or "limited"; the abbreviation "corp.", "inc.", "co.", or "ltd."; or words or abbreviations of similar meaning in another language 35-1-308 Montana Code Annotated
Nebraska corporation, incorporated, company, or limited, or the abbreviation corp., inc., co., or ltd., or words or abbreviations of like import in another language, except that a corporation organized to conduct a banking business under the Nebraska Banking Act may use a name which includes the word bank without using any such words or abbreviations Section 21-2028 State of Nebraska Statutes
Nevada No specific requirements stated except that a name appearing to be that of a natural person and containing a given name or initials must not be used as a corporate name except with an additional word or words such as "Incorporated", "Limited", "Inc.", "Ltd.", "Company", "Co.", "Corporation", "Corp.", or other word which identifies it as not being a natural person 78.035 Nevada Revised Statutes
New Hampshire Contain the word "corporation", "incorporated", or "limited" or the abbreviation "corp.", "inc.", or "ltd." New Hampshire Revised Statutes - Title XXVII; Section 293-A:4.01 for business corporations
New Jersey Shall contain the word "corporation", "company", "incorporated", or shall contain an abbreviation of one of those words, or shall include the abbreviation Ltd. New Jersey Statutes 14A:2-2
New Mexico contain the separate word "corporation", "company", "incorporated" or "limited" or shall contain a separate abbreviation of one of these words New Mexico Statutes Unannotated 53-11-7
New York Shall contain the word "corporation", "incorporated" or "limited", or an abbreviation of one of such words; there is also a long list of words a business corporation is not allowed to use without additional approval from other agencies including "board of trade", "state police", "urban development", "chamber of commerce", "state trooper", "urban relocation", "community renewal", "tenant relocation", "acceptance", "endowment", "loan", "annuity", "fidelity", "mortgage", "assurance", "finance", "savings" and many others New York State Consolidated Laws, Business Corporations Law § 301; Not-For-Profit Corporations Law, § 301
North Carolina a corporation must contain the word "corporation", "incorporated", "company", or "limited", or the abbreviation "corp.", "inc.", "co.", or "ltd."; a limited liability company must contain the words "limited liability company" or the abbreviation "L.L.C." or "LLC", or the combination "ltd. liability co.", "limited liability co.", or "ltd. liability company"; a limited partnership that is not a limited liability limited partnership must contain the words "limited partnership", the abbreviation "L.P." or "LP", or the combination "ltd. partnership"; a limited liability limited partnership must contain the words "registered limited liability limited partnership" or "limited liability limited partnership" or the abbreviation "L.L.L.P.", "R.L.L.L.P.", "LLLP", or "RLLLP"; a registered limited liability partnership's name must contain the words "registered limited liability partnership" or "limited liability partnership" or the abbreviation "L.L.P.", "R.L.L.P.", "LLP" or "RLLP". North Carolina General Statutes § 55D-20
North Dakota must contain the word "company", "corporation", "incorporated", "limited", or an abbreviation of one or more of these words; may not contain the words "limited liability company", "limited partnership", "limited liability partnership", "limited liability limited partnership", or any abbreviation of these words. North Dakota century Code 10-19.1-13
Ohio It shall end with or include the word or abbreviation "company", "co.", "corporation", "corp.", "incorporated", or "inc." Ohio Revised Code § 1701.05
Oklahoma The name of the corporation which shall contain one of the words "association", "company", "corporation", "club", "foundation", "fund", "incorporated", "institute", "society", "union", "syndicate", or "limited" or abbreviations thereof, with or without punctuation Oklahoma Statutes § 18-1006
Oregon For private corporations it shall contain one or more of the words "corporation", "incorporated", "company" or "limited" or an abbreviation of one or more of those words; shall not contain the word "cooperative." For non-profit corporations there is no specific requirement except the name cannot imply a purpose not dictated in its articles of incorporation and cannot contain the word "cooperative" or the phrase "limited partnership." Oregon Revised Statutes 60.094 for Private Corporations; ORS 65.094 for Non-Profit corporations
Pennsylvania Corporation, Corp., Company, Co., Incorporated, Inc., Limited, Ltd., Association., Fund., Syndicate or words or abbreviations of like import in languages other than English Pennsylvania Code, Chapter 19, § 23.3
Puerto Rico Corporation, Corp. or Inc., or words or abbreviations of like import in other languages, provided they are written in roman letters or characters Title 14, Subtitle 4, § 2602, Laws of Puerto Rico.
Rhode Island "corporation", "company", "incorporated", or "limited", or an abbreviation of one of these words Rhode Island General Laws § 7-1.2-401
South Carolina "corporation", "incorporated", "company", or "limited", the abbreviation "corp.", "inc.", "co.", or "ltd.", or words or abbreviations of like import in another language South Carolina Code of Laws Section 33-4-101
South Dakota corporation, incorporated, company, or limited, or the abbreviation, corp., inc., co., or ltd., or terms or abbreviations of like import in another language South Dakota Codified Laws 47-1A-401
Tennessee "corporation", "incorporated", "company", or the abbreviation "corp.", "inc.", "co.", or words or abbreviations of like import in another language (provided they are written in Roman characters or letters); existing corporations which were formed using only "limited" or "ltd" are not required to change their name § 48-14-101 Tennessee Code
Texas "company", "corporation", "incorporated", or "limited", or an abbreviation of one of those words. Texas Business Organizations Code § 5.054
U.S. Virgin Islands name shall be such as to indicate that it is a corporation as distinguished from a natural person or partnership. Title Thirteen, § 2, Virgin Islands Code
Utah "corporation", "incorporated", "company"; the abbreviation: "corp.", "inc." or "co." or words or abbreviations of like import to the words or abbreviations listed in another language; without the written consent of the United States Olympic Committee, may not contain the words "Olympic", "Olympiad", or "Citius Altius Fortius"; without the written consent of the Division of Consumer Protection may not contain the words "university", "college" or "institute" § 16-10a-401 Utah Code
Vermont "corporation", "incorporated", "company", or "limited", or the abbreviation "corp.", "inc.", "co.", or "ltd.", or words or abbreviations of like import in another language; shall not have the word "cooperative" or any abbreviation thereof as part of its name unless the corporation is a worker cooperative corporation Title 11A, § 4.01 Vermont Statutes
Virginia "corporation", "incorporated", "company", or "limited", or the abbreviation "corp.", "inc.", "co.", or "ltd." § 13.1-630. Code of Virginia
Washington "corporation", "incorporated", "company", or "limited", or the abbreviation "corp.", "inc.", "co.", or "ltd."; must not include "Bank", "banking", "banker", "trust", "cooperative", or any combination of the words "industrial" and "loan", or any combination of any two or more of the words "building", "savings", "loan", "home", "association", and "society" § 23B.04.010 Revised Code of Washington
West Virginia "corporation", "incorporated", "company" or "limited", or the abbreviation "corp.", "inc.", "co." or "ltd.", or words or abbreviations of like import in another language § 31D-4-401 West Virginia Code
Wisconsin "corporation", "incorporated", "company" or "limited" or the abbreviation "corp.", "inc.", "co." or "ltd." or words or abbreviations of like import in another language § 180.0401 Wisconsin Statutes (for Stock corporations) and § 181.0401 Wisconsin Statutes (for non-stock corporations)
Wyoming Unclear; apparently any of "corporation", "company", "incorporated", and probably the usual abbreviations of "Corp." "Co." and "Inc." § 17-16-401 Wyoming Statutes


  • S.A. (Sociedad Anónima). Company by shares.
  • S.A.S. (Sociedad por Acciones Simplificada). A simplified version of the S.A.
  • S.R.L. (Sociedad de Responsabilidad Limitada). Limited liability company.
  • S.C.I. (Sociedad de Capital e Industria). A company with segregated shares between capital and labor.
  • S.C. (Sociedad Colectiva). A company with unlimited liability between its members.


  • MChJ (Mas'uliyati Cheklangan Jamiyat/? ): limited liability company
  • QMJ (Qo'shimcha ma'suliyatli jamiyat/? ): additional liability company
  • AJ (Aksiyadorlik jamiyati/ ?): joint-stock company
    • OAJ (Ochiq aksiyadorlik jamiyati/? ?): public joint-stock company
    • YoAJ (Yopiq aksiyadorlik jamiyati/? ?): closed joint-stock company
  • XK (Xususiy korxona/? ?): private company
  • XT (Xususiy tadbirkorlik/? ): sole proprietorship
  • OK (Oilaviy korxona/? ?): family company
  • UK (Unitar korxona/ ?): unitary enterprise
  • QK (Qo'shma korxona/ ?): joint venture


  • Cty TNHH (Công ty trách nhi?m h?u h?n / "Company with Limited Liablity"): Limited Liability Company
  • Cty TNHH MTV (Công ty trách nhi?m h?u h?n m?t thành viên/ "Limited Liablity Company with a Single member") since 2005
  • Cty CP (Công ty c? ph?n / "Company with Joint Stock"): Joint Stock Company
  • Công ty h?p danh / "Company of Partners": Partnership
  • Doanh nghi?p h?p danh / "Enterprise Partnership": Partnership
  • DNNN (Doanh nghi?p nhà nc / "Enterprise of the State"): State-Owned Enterprise
  • DNTN (Doanh nghi?p t? nhân / "Enterprise Private"): Proprietorship
  • DTNN (Doanh nghi?p có v?n u t? nc ngoài "Enterprise with Foreign Investment"): Foreign Investment Enterprise
  • HTX (H?p tác xã/ Co-operation)
  • Chi nhánh : Branch Company
  • Nhóm Cty (Công Ty / "Group Company"): Holding Company

See also



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External links

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