Number of founders
One or more persons.
Need for capital
The share capital for private limited liability companies is €2,500, and €80,000 for public limited liability companies.
General Meeting, Board of Directors and Managing Director.
Risk and responsibility
The owners are responsible with the amount of share capital they have.
Withdrawal of funds and profit distribution
Shareholders: dividend income, wage income depending on work effort.
Limited liability companies pay 20 % in tax on their result.
General description and suitability
Suitable for companies that require capital. Heavier and more complex than other business types in terms of management.
Establishment documents required