A public limited company is a company whose members (shareholders) take part in a share capital consisting of shares. A public share company can also have a single shareholder. The shareholders are not personally liable for the obligations of the company, and they only risk losing their investment. The minimum share capital in a public limited company is HRK 200,000.00 with the nominal share value of no less than HRK 10.00. If the value is higher than HRK 10.00, it has to be expressed in multiples of HRK 10.00. According to the rights they carry, shares can be ordinary or preference. Shares are issued in two forms: registered or bearer form. There are two basic ways for establishing a public limited company: successively and simultaneously. When a company is established successively, the establishers will adopt the bylaws, take on a part of the shares and issue a public call (prospectus) to register the rest of the shares which are then registered based on that call. When a company is established simultaneously, it is done by taking on all the company shares, adopting and signing the bylaws and by issuing a statement on the establishment of a public limited company. Mandatory bodies in a public limited company are Management, Controlling Authority and General Assembly. In case there is a reason for the termination of a company and its court registry entry, the company is put into liquidation.