What are the joint ventures?

According to the company's credit basis, the company can be divided into joint ventures, joint ventures and associated companies.

1. A joint venture company, also known as a joint venture company, an intermediate company and a compromise company, means that the establishment and operation of a company depends on both the personal credit of shareholders and the capital scale of the company, so it has the characteristics of joint venture and joint venture. Limited liability companies and joint ventures belong to this category. The company has both the nature of partnership and capital partnership. "Two in one" is the combination of people and capital. The reason for the combination is that the company consists of limited liability shareholders and unlimited liability shareholders. This classification is a theoretical classification of company law in civil law countries, and it is a theoretical classification. Although it is not a legal classification, its significance is still very important, because it reveals the legislative intention of the company law. The different provisions on limited companies, joint-stock companies and unlimited companies in the specific provisions of the company law are largely based on the differences in the credit bases of these two companies.

Second, classification

There are two types of joint ventures: joint ventures and joint-stock companies:

(1) kg

A joint-stock company refers to a company composed of unlimited shareholders and limited shareholders. Unlimited shareholders shall be jointly and severally liable for the debts of the company, and limited shareholders shall be limited to their capital contribution. Joint-stock company is a company form stipulated by the company law of civil law countries. In common law countries, it is generally considered as limited partnership, which is governed by limited partnership laws and regulations.

(2) Joint stock companies

A joint-stock company is a type of joint-stock company, which refers to a company composed of unlimited shareholders and limited shareholders. Among them, the capital of the limited liability part is divided into several equal parts, which are subscribed by the limited liability shareholders, which is different from the joint venture company. It is a special form of joint-stock company. Ordinary joint-stock companies have the characteristics of unlimited companies and limited companies, and joint-stock companies have the characteristics of unlimited companies and limited companies.

Legal basis:

company law

Article 172 The merger of companies may take the form of absorption merger or new merger.

A company absorbs other companies for merger, and the absorbed company is dissolved. The merger of two or more companies to form a new company is a new merger, and the parties to the merger are dissolved.

Company merger refers to the legal act of merging two or more companies into one company by concluding a merger agreement in accordance with the Company Law and other relevant laws.