合同会社(ごうどうがいしゃ)

ごうどうがいしゃ
noun
limited liability company; LLC
formalbusinesslegalbusinesslaw
1. limited liability company; LLC
A type of company created by the 2006 Companies Act, cheaper and simpler to set up than a 株式会社(かぶしきがいしゃ). The owners are also the managers and are liable only up to what they invested. Many small businesses use it, and so do the Japanese subsidiaries of some foreign firms, such as Apple Japan and Amazon Japan.
合同会社(ごうどうがいしゃ)を設立(せつりつ)する。
to set up a limited liability company
A gōdō kaisha costs less to set up than a corporation.
If you are starting a business alone, a limited liability company is another option.

Often abbreviated (同(どう)) in company names, and called LLC in English.

Common collocations

  • 合同会社(ごうどうがいしゃ)を設立(せつりつ)する: to establish an LLC
  • 合同会社(ごうどうがいしゃ)の代表社員(だいひょうしゃいん): the representative member of an LLC (its head)

Similar words

Watch out

Its members are called 社員(しゃいん) in law even though they are owners, not employees.