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Public Limited Company Definition:

(S.A.) (Public Limited Company) An enterprise with ownership interests in the form of shares, formed for any object or gain not contrary to law or public order, and owned by two or more natural or corporate persons (shareholders). Shareholders receive dividends and their liability for enterprise obligations is limited only to the price of their shares.

Public Limited Companies body is formed by the General Shareholders Assembly that elects Administrators, or an Administrative or Directors Board. Each participant of the General Shareholders Assembly has as many votes as the shares on his possession.

In general, Public Limited Companies are always designated as business corporations, even when established for non-trading business.
Equivalent from several countries to the Uruguayan Sociedad Anonima:

* In Germany, Austria and Switzerland: "Aktiengesellschaft" or AG.
* In Estonia: "Aktsiaselts" or AS.
* In France, Belgium and Luxembourg: "Société Anonyme" or SA.
* In Italy: "Società per Azioni" or SpA.
* In the Low Countries: "Naamloze Vennootschap" or NV.
* In Sweden: "Aktiebolaget" or AB.
* In the United Kingdom: "Public Limited Company" or PLC.

Texto original: wikipedia.org.

Frequently Asked Questions

* Definition: Public Limited Company
* Public Limited Companies available within 24 hours
* Holdings Bylaws in Uruguay
* Resume - Ec. Roberto Larrañaga

 

 
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