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What is Limited Liability Company Overview about?

This document analyzes the limited liability company as an intermediate society between personal companies and capital companies. It originated in Germany and England in the 19th century to meet the needs of small businesses. It is characterized by limiting the liability of partners to the amount of their contributions, having a maximum of 20 capital partners, and not allowing the trading of social shares. Its management is entrusted to one or more managers designated in the founding deed and is...

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