Registered company which has limited liability (the shareholders cannot lose more than their original shareholdings), and a minimum of two shareholders and a maximum of fifty. Shareholders cannot transfer their shares without the consent of other members, and shares cannot be offered to the public. A private limited company is treated as a legal entity.
Red symbolizes the revolution of 1984. The five-pointed star is said to signify the revolution or freedom. Green stands for the country's natural resources. Effective date: 4 August 1984.