The best replacement for sociedad limitada is sociedad anonima.

The best alternatives to sociedad limitada are rated as following:
★★★★★  sociedad anonima
★★★★  cooperativa
★★★★  comunidad de bienes
★★  autonomo
★★  sociedad limitada nueva empresa
★★  sociedad limitada laboral
★  comunidad bienes

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sociedad limitada
sociedad anonima
cooperativa