Limited Liability

Limited liability — a method of company organization that reduces the financial liability of the owner to a fixed amount, usually equal to his investment in the company. It protects the owner from risking his personal funds and being sued, as a company with limited liability has a separate legal entity. In Singapore, one can set up a company with limited liability (LLC) or a limited liability partnership (LLP).

  • E27
  • Entrepreneur
  • foundr
  • Tech in Asia
  • Vulcan post
We’re using cookies! What does it mean?
Scrolled to bottom