Firmengruendung.de / Friday, February 29, 2008 / Categories: Limited (UK) Basics of the LTD Structure The structure of a Limited company is similar to a mix between a German GmbH and a small public company. The share capital is divided into shares among the shareholders. These shareholders own the company. Shares can be issued, sold, or transferred at any time. The company's operations are managed by a Director. Of course, multiple directors can also be appointed. Key responsibilities of the Director: The Director is responsible for managing the business operations as well as for the timely submission of the following documents: - Accounting (Accounts) - Tax returns - Status report (Annual Return) - Financial statements and balance sheet Key responsibilities of the Company Secretary: - Management of the company registers - Invitations to general and shareholder meetings Previous Article Advantages of the LTD Next Article Introduction Ltd & Co KG Print 8465 Tags: Limited Related articles Purpose of the LTD and Opening of Branches Status of Limited Companies in Germany Changes by Secretary or Director Forming as Group and Holding Bearer shares