0 a company, especially one in the UK, whose owners only have to pay part of the money they owe if the company fails financially -- (尤指英国的)有限公司
That leads me to wonder why the franchise was offered two years ago to a limited company.
He is not speaking about a limited company, or any of the complicated questions that arise as to where a limited company is resident.
A number of persons have the right to carry on business either in partnership or incorporated as a limited company.
A public limited company is a business organisation that is recognised by the people who deal with these matters.
Quite often, the proprietor is a limited company—it may even be a company which is registered abroad.
In the case of a limited company, of course, it does not apply.
I happen to belong to a limited company consisting of myself and my family.
It puts it in a very much worse position than the limited company.