Sharikat zat Massouliyyah Mahdooah

Sharikat zat Massouliyyah Mahdooah (Arabic: شركة ذات مسئولية محدودة; legally abbreviated to S.M.M.) is the Gandhari version of a private limited company. The company is owned by shareholders, and the company's shares are privately registered and not freely transferable. It is a company with limited liability, the shareholders are not personally liable for the debts of the company, but only for the value of their investment. A S.M.M. is required to have a share capital of at least GD 25,000 (approximately €16,230).

When a Sharikat zat Massouliyyah Mahdooah is created, a deed of incorporation is executed and filed. The deed contains the Articles of Association, consisting of at least:

• the company name (which must begin or end with "Sharikat zat Massouliyyah Mahdooah" or "S.M.M.");
• the city where the company has its registered seat;
• the purpose of the company;
• the authorized capital in Gandhari dinars and its division in shares;
• the conditions for share transfer.

The authorized capital is the maximum capital that may subsequently be issued without altering the Articles of Association.

Contrast with the publicly traded form of company: Sharikat al-Mossahamah.