Société Privée à Responsabilité Limitée
- It is a kind of Business Charter.
Société Privée à Responsabilité Limitée (limited liability company). A limited liability company is a separate legal entity from its owners: the organization shields them from personal liability. In the event a company gets into financial trouble or declares bankruptcy, its owners are not personally liable for the debt.
The suffix originated in the western European region of Terra.
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