Compare the difference between corporate system and partnership system?

The difference between a partnership and a company is mainly reflected in seven aspects: 1, and the foundation of its establishment is different. The company is established on the basis of the articles of association, and the partnership enterprise is established on the basis of the partnership agreement. Of course, a partnership agreement cannot confront a bona fide third party. The relationship between the two sides is different. A company, especially a joint stock limited company, has a typical capital investment relationship among its shareholders. Although the limited liability company has a little humanity, the relationship between capital and investment is more tense because of the existence of the limited liability system. Partners in a partnership are established through interpersonal relationships, specifically on the basis of interpersonal trust, so the relationship between partners is relatively strong and the requirements for credit are relatively high. 3. The subject status is different. The company is a legal person enterprise and can independently bear civil liability with its own property; A partnership enterprise does not have the status of a legal person, so it cannot independently bear civil liability for the property of a foreign enterprise. When the property of the partnership is insufficient to repay the debts, it must be repaid with the personal property of the partners. There are different ways to take responsibility. The shareholders of the company shall bear limited liability, and the partners shall bear unlimited joint liability. 5. The scales are different. Partnership enterprises are generally small in scale, because they are based on people's credit, and the scale cannot be too large. Companies, especially joint stock limited companies, will be large in scale and have a large number of shareholders. Of course, some partnerships will be larger, but the size of general partnerships is smaller than that of companies. 6. Different ways of capital contribution. Partners in a partnership can use labor services to contribute capital, while shareholders in a company cannot. 7. The requirements for registered capital are different. There is no minimum registered capital limit for the establishment of a partnership, but there is a minimum registered capital limit for the establishment of a company. The minimum statutory registered capital of a limited liability company is 654.38+10,000-500,000 yuan, and that of a joint stock limited company is 654.38+10,000 yuan.