Limited Liability Company

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Limited Liability Company

Limited Liability Companies can conduct any industrial, commercial, professional and tourism business. Some professional business is not permitted and others require additional approvals. Limited Liability Company is the most common form of business in the world. A Limited Liability Company can be formed by a minimum of 2 and a maximum of 50 shareholders whose liability is limited to their shares in the businesses capital.

The formation of Limited Liability Company permits the following business activities:

  • Single Trading

  • General Trading

  • Contracting

  • Advertising Agency

  • Transportation

  • Technical Services