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Limited Liability Companies

It is a company whose capital consists of one or more shares owned by one or more general partners and shares of equal value subscribed to by one or more shareholders and which can be traded in the manner specified in the law. The general partner or partners are liable for the company’s obligations with unlimited liability, while the shareholder partner is only liable to the extent of the value of the shares he subscribed to. The company’s title consists of one or more names of the general partners and no others.

Characteristics of a limited partnership

  1. It includes two types of partners
  2. Company address
  3. Company capital