Selskap med delt ansvar

Companies law
Basic forms:
Sole proprietorship
Partnership (General · Limited · LLP)
Corporation (LLC)
Cooperative
United States:
Business trust LLLP · Series LLC Delaware corporation Nevada corporation
European Economic Area, including European Union:
SE · SCE
United Kingdom / Commonwealth / Ireland:
Limited company (By shares · By guarantee) (Public · Proprietary) Community interest company
Civil law countries:
AB · AG · ANS · A/S · AS
K.K. · N.V. · OY · S.A. · GmbH
Doctrines
Corporate governance
Limited liability · Ultra vires
Business judgment rule
Internal affairs doctrine
De facto corporation and corporation by estoppel
Piercing the corporate veil
Rochdale Principles
Related areas of law
Contract · Civil procedure

Selskap med delt ansvar or DA, in English Company with Shared Liability is a type of company in Norway that does not have limited liability. The company will have two or more participents, who hold a given percentile ownership of the company. A BA is not based around stocks, like the aksjeselskap (AS), nor is there mutual liability, like in the ansvarlig selskap (ANS). Instead each participent is directly liable for its relative ownership in the company. There is no demand of a minimum equity in the company, nor is there any demand for auditing. The company need not have a board of directors or a managing director. If there is no managing director, each of the companies participents can sign for the company. The company form is tax beneficial, since dividend doesn't have to be taxed. The drawback is that in case of bankruptcy, the owner will be held liable for their relative share of any debt.