Società a responsabilità limitata
It has a similar form to società sportiva dilettantistica a responsabilità limitata (s.s.d. a r.l.) for amateur sports-related companies and their corresponding regulations: article 90 of the Italian Law №289 of 2002.
Differing from società per azioni, S.r.l. may not issue shares that have par value, but only the quota (Italian: quote) or units of the share capital. Moreover, the articles of association of S.r.l. allowed different allocations of profits and assets, which was more comparable to a limited partnership.
A fourth form of corporate entity, "società cooperativa a responsabilità limitata" (S.c.r.l. or S.c. a r.l.), was seen in the cooperatives of Italy.