However unlike the Sole Proprietorship, the owner is not personally liable for debts should the company be unable to pay.

Profits are distributed to shareholders based on percentage of share held.

In some cases there is a silent partner since inception, especially with foreigners who need a native Brazilian presence.

to maintain control the majority shareholder must retain at least 75% of the stock. 

finally, a Limited Liability Partnership - llp, or Sociedade limitada, is  the most expensive company to establish, but that is designed for the presence of multiple owners.