Spoločnosť s ručením obmedzeným (abbreviation spol.
s r. o. or s. r. o.; literal translation: “company with limited liability”) is a Slovak law business entity, the legal structure for a private limited liability company.
[1] It is the rough equivalent of United States LLC and United Kingdom (and certain Commonwealth countries) Ltd.
[2] It is very popular form of business organization due to ensurance of limited liability in exchange for a relatively small investment into the registered capital.
From one to 50 associates can found it through a founding agreement with minimum registered capital of €5000, minimum €750 per person, in money or other property.