Certainly many managers of limited liability companies, leaving at the international level or in offshore zones, concluding contracts with foreign companies or leaning candidates for contracts abroad, faced with a problem: how to translate Ltd. in English?On this issue has a lot of years, "cross swords" are not only translators, but also lawyers.It would be easy: to translate the words "limited liability company" and get a Limited liability company, abbreviated LLC, or the Joint stock company - JSC.According to the laws of English abbreviation is placed in the end of the name, for example, Karina LLC.
However, such a translation company in English follows the mass of legal nuances that are not always favorable to the head of the company with limited liability.Even if we do not shock their potential foreign partners this exotic word and translate the name of this form of ownership is more familiar to them Ltd or Co Ltd, still legal collisions can not be avoided.Firstly, to be legally rigorous and meticulous, they Ltd and our company still differ from each other and on the legal status, and organizational-legal form.In addition, the name of the limited liability company "Karina" will vary depending on the country in which this society will be presented: Karina GmbH in Germany, Carina SpA in Italy, TzOv Karina in Ukraine.But the company is registered in the Russian Federation!
The evidence to ensure that the transfer company in English, not to transliterate it is that the large foreign corporations the same ownership, "coming" in Russia, called herself exactly three letters "O".For example, OOO Siemens.Logically, if a foreign company (corporation), leaving the Russian market, calls himself a Russian abbreviation, why not translate into English as the reduction of our Ltd.However, such a transfer will not display the country of incorporation.
Head of the company in translating abbreviations displaying the form of ownership may take into account the "Letter of the Bank of Russia", prescribing OOO write in English with Latin letters.Comments to this letter were presented in the journal "International Banking» (№ 3 for 2005). However, the recommendation to replace the three Russian letters "O" three English letters "O" apply only to credit institutions and other company owners and shareholders are not subject. You can, of course, be firm, unyielding, and to what extent the patriotism and call yourself a company to its foreign partners. But how then to disclose the full name of the organization, as required by the contract form - transcribe "Limited Liability Company"?
Writing Ltd. in English, in fact, does not look neorganichno. After all, a lot of foreign companies simply transliterate not only its form of ownership, but the name. Let us remember, though, "Honda Motor Co., Ltd.", "Ferroli SpA" or "Hans WeberMaschinenfabrik GmbH. "The name of the company, too, is transliterated. The name of the company - this is the name of the person. In fact, we used to say, Michael Jackson, not Michael Jackson.If we want the name of the corporation immediately says a lot about the kind of its activity, it is possible to make a meaningful translation of the name in parentheses after the official name.
Some firms, in order to avoid difficulties with the translation in the future, already include a word Co. in name.For example, a limited liability company "Topaz Ltd".Then they point to a foreign writing: «Topaz Ltd» LLC.The English translation of the Constitution and official documents makes life easier for the heads of these firms.Since no consensus on this account does not exist, and "everything that is not forbidden is allowed," it depends on the leaders as they translate the abbreviation.Here you need intuition of a foreign partner.It is possible to use the name of the company LLC or Ltd, can LLC.However, when you specify the details clearly write transliteration - it's like the address of the company, can not be translated.
