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- Akciju sabiedrība (Latvian pronunciation: [ˈaktsiju ˈsabiɛdri:ba]; abbreviated AS, pronounced [ˈaːˈes]) is a Latvian word for a legal form of a corporation in Latvia. In English, the Latvian term akciju sabiedrība is translated as stock company by the Commercial Law of Latvia. In Latvia, stock companies (akciju sabiedrība or AS) are being registered by the Register of Enterprises of Latvia. Akciju sabiedrība (AS) is a company whose shares or stocks may be publicly traded. In English, the roughly equivalent terms are Joint-stock company (JSC) and Public limited company (PLC). Akciju sabiedrība is usually set up if intended to carry out a business requiring large investments. Since stock is a security, the raising of public capital by issuing new stock makes it easier to attract more investment than by offering shares to a closed range of applicants, as is the case with the limited liability company (LLC or SIA in Latvian). In addition, certain laws specifically require certain types of commercial activity to be conducted only by companies in the legal form of AS, such as banking, insurance, etc. (en)
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- Akciju sabiedrība (Latvian pronunciation: [ˈaktsiju ˈsabiɛdri:ba]; abbreviated AS, pronounced [ˈaːˈes]) is a Latvian word for a legal form of a corporation in Latvia. In English, the Latvian term akciju sabiedrība is translated as stock company by the Commercial Law of Latvia. In Latvia, stock companies (akciju sabiedrība or AS) are being registered by the Register of Enterprises of Latvia. Akciju sabiedrība (AS) is a company whose shares or stocks may be publicly traded. In English, the roughly equivalent terms are Joint-stock company (JSC) and Public limited company (PLC). (en)
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